Indonesian Palm Oil News (IPO News) – Ciliandry Angky Abadi (CAA) was founded by Martias Fangiono, an Indonesian businessman of Chinese extraction who also founded PT Surya Dumai Industri. The businessman who graduated from Cambridge University, England listed his shares on the Singapore Stock Exchange.
First Resources also owns shadow companies to manage palm oil plantations in Indonesia, such as PT Ciliandry Angky Abadi (CAA) and PT Fangiono Agro Plantation, which changed it’s name to FAP Agri. This is known because they used to have the same office address as First Resources for many years.
According to the Enti Tree website, Martias Fangiono is known to have seven children from his two wives, Irawaty Fangiono and Silvia Caroline. The seven children are Wiras Angky, Wirastuti, Wirashery, Ciliandra, Cik Singgih and Ciliandrew Fangiono. All of them hold controlling positions in First Resources. CAA is owned by Silvia Caroline and her two children.
CAA has 7 subsidiaries to support it’s activities. Based on Indonesian Palm Oil News (IPO News) analysis of Indonesian Sustainable Palm Oil (ISPO) data, 3 of these subsidiaries have the highest FFB, CPO and PK Production:
The first is PT Borneo Ketapang Indah (BKI). In 2024, BKI, with it’s 7,072 hectare plantation, produced 153,823 tons of Fresh Fruit Bunches (FFB), 35,778 tons of Crude Palm Oil (CPO), and 5,046 tons of Palm Kernel (PK). BKI’s production is predicted to increase by 8% in 2025. BKI has one Palm Oil Mill (POM) with a capacity of 60 tons of FFB per hour.
The second is PT Tirta Madu (TM). In 2024, TM which has a plantation area of 1,055 hectares, produced 18,689 tons of Fresh Fruit Bunches (FFB), 3,393 tons of Crude Palm Oil (CPO), and 955 tons of Palm Oil (PK). TM’s production is predicted to increase by 9% in 2025. TM has one mill with a capacity of 45 tons of Fresh Fruit Bunches (FFB) per hour.
The third is PT Inti Kebun Sejahtera (IKSJ). In 2024, IKSJ with it’s 13,404 hectare plantation, produced 128,500 tons of Fresh Fruit Bunches (FFB), 28,950 tons of Crude Palm Oil (CPO) and 5,600 tons of Palm Oil (PK). IKSJ’s production is predicted to increase by 10% in 2025. IKSJ has one palm oil mill with a capacity of 60 tons FFB per hour.
Conduct Palm Oil Business in Accordance with ISPO Standards
According to Indonesian Palm Oil News observations, CAA has operated it’s palm oil business in accordance with the standards established by the Indonesian Sustainable Palm Oil (ISPO). This is evident in the fact that most of it’s subsidiaries have received ISPO certification.
Obtaining ISPO certification is not easy for a company. There are various strict and clear requirements regarding each company’s plantations, including ensuring complete documentation, non-overlapping with other plantations, and ensuring that CAA meets all ISPO requirements.
Based on Indonesian Palm Oil News (IPO News) investigation, all CAA subsidiaries have ISPO certification, obtained through a leading Indonesian certification company, PT MUTU Hijau Indonesia.
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