GAR receives ISPO certification for two palm oil business units
January 03, 2017
Indonesia-based Golden Agri-Resources Ltd (GAR) announced on 10 December that two of its business units – PT Sinar Kencana Inti Perkasa and PT Bumi Sawit Permai – had received Indonesia Sustainable Palm Oil (ISPO) certification.
“With these latest certifications, GAR closes out 2016 with a total of 30 mills and palm oil estates supplying fresh fruit bunches to the mills that have now been ISPO certified,” GAR said. “This represents the highest number of ISPO certifications awarded in Indonesia for an integrated palm oil company.”
GAR said that in terms of land coverage, 182,296ha were now certified to ISPO as of December 2016.
The ISPO was created in 2011 by the Indonesian government to improve the competitiveness of Indonesian palm oil on the global market and to reduce deforestation and protect the environment.
GAR is a leading palm oil plantation company located in Indonesia with a total planted area of 482,228ha (including smallholders) as at 30 September 2016. Founded in 1996, GAR was listed on the Singapore Exchange in 1999. GAR has several subsidiaries, including PT SMART Tbk. In Indonesia, GAR’s main activities include cultivating and harvesting oil palm trees; processing of fresh fruit bunch into crude palm oil (CPO) and palm kernel; refining CPO into value-added products such as cooking oil, margarine and shortening; as well as merchandising palm products throughout the world. It also has operations in China and India including a deep-sea port, oilseed crushing plants, production capabilities for refined edible oil products as well as other food products such as noodles.