Indonesian Palm Oil News (IPO News) is available for you in order to provide distict information from other palm oil information. In every IPO News edition presents a completed palm oil group, either domestic company or foreign company group which elaborates its performance equipped with the financial statements in the last several years. It is extremely required by palm oil supporting industries such as heavy equipment, fertilizer, manufacturing, certification, digital technology and other industries.
Covid-19 has changed the performance of palm oil companies in the country in 2019 and in 2020 this industry was suppressed by unstable CPO prices. Therefore, many palm oil companies decreased their performance and suffered from great loss. The hard period has passed and palm oil industry together with its derivative products has started to be excited again since 2021 and continued in 2022.
The main topic of this introductory issue is that IPO News presents a report on The SALIM Group which already performed very well in 2021 with revenues of Rp. 19.65 trillion or an increase of 40 percent compared to that in the previous year. IPO News also presents a completed financial report for the last four years so that readers can assess the financial strength of this group.
The next topic of IPO News is Indonesian conglomerates which control oil palm plantations, completed with the names of their subsidiaries, such as SINARMAS Group, SALIM Group, MUSIM MAS Group, ASIAN AGRI Group, ASTRA AGRO Group, BAKRIE Group, DARMEX Group, ANJ Group, MAKIN Group, PERMATA HIJAU Group, RAJAWALI Group, SAMPOERNA AGRO Group, PTPN III Group, SUNGAI BUDI Group, TELADAN PRIMA Group and others.
In addition, IPO News also shows foreign conglomerates which control oil palm plantations in Indonesia, such as SIPEF Group, KLK Group, BGA Group, CARGILL Group, FIRST RESOURCES Group, GENTING Group, KENCANA AGRI Group and others. This writing will be presented gradually.
In the final section, IPO News research results show the development of the area of oil palm plantations in Indonesia in the last seven years (2016 – 2022). In 2021, from a total area of 15.08 million oil palm plantations, private companies occupied the first position with an area of 8.28 million hectares, followed by Public Plantations with an area of 6.08 million hectares and State Companies (BUMN) with an area of 579.66 thousand hectares.
To further improve the quality of IPO News, each issue will display a profile figure of the group owner and complete profile of several Palm Oil Mills (PKS) in Indonesia.
IPO News is published six times in a year and published every two months. It is available in Indonesian and English version so that IPO News can have global coverage. We believe that this first edition is still not perfect enough and improvements will be made in subsequent editions with more diverse news.
For more info please read IPO News November 2022 edition, or call celuler number 087878260925 (WhatsApp)
