Bumitama Agri Ltd

Bumitama Agri Ltd is the Singapore holding company of subsidiary Bumitama Gunajaya Agro. Bumitama is an Indonesian oil palm plantation company which cultivates oil palm trees and produces crude palm oil (CPO). It was established in 1996 by the Harita Group with its first acquisition of land in Central Kalimantan. Bumitama owns over 230,000 hectares and has planted 187,000 hectares of oil palm trees, primarily in Central and West Kalimantan. Bumitama owns 14 CPO mills (13 in Kalimantan and 1 in Riau), which produce more than 1,000,000 tons of CPO a year. Primary purchasers of their CPO include Wilmar International, the Sinar Mas Group and Musim Mas. In April 2012, Bumitama Agri presented an IPO on the Singapore Stock Exchange at a price of $0.745 per share.

Industry:              Food processing

Founded:            1996

Headquarters:   Jakarta

Products:             Crude palm oil, palm kernel

Subsidiaries:       Bumitama Gunajaya Agro

Website               http://www.bumitama-agri.com/

About the author

Leave a Reply

Your email address will not be published. Required fields are marked *