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PTPN II to issue MTNs

Mon, 03/05/2012 - 08:52

State-owned plantation company PTPN II plans to issue medium term notes in two stages this year worth a combined Rp 500 billion.

Megananda Daryono named as new President of PTPN III

Fri, 03/02/2012 - 10:06

The government has appointed Megananda Daryono as the new President Director of state-owned plantations company PTPN III, replacing Amri Siregar.

BSP to build three new mills

Fri, 03/02/2012 - 09:51

Jakarta-listed plantation firm PT Bakrie Sumatera Plantations plans to build three new CPO mills with combined investment of US$5 million, President Director Ambono Januriantho said.

PTPN XI to double sugar production in 2013

Thu, 03/01/2012 - 17:46

State-owned plantation company PTPN XI plans to double sugar production in 2013 by improving its cane seeds breeding method without relying on expansion of sugarcane acreage.

Salim Ivomas, Lonsum enjoy soaring profit

Thu, 03/01/2012 - 17:35

Two Jakarta-listed palm oil companies PT Salim Ivomas Pratama and PT PP London Sumatra Indonesia (Lonsum) respectively reported a 71.64 percent and 65.05 percent surge in 2011 net profit.

Astra Agro hopes to operate new mills next year

Wed, 02/29/2012 - 08:41

Jakarta-listed palm oil company PT Astra Agro is in the process of completing the construction of four new CPO mills, each with a capacity of 45 tons of fresh fruit bunch per hour. 

Wilmar buys 10% stake in Australia’s Goodman Fielder

Tue, 02/28/2012 - 18:02

Wilmar International Ltd. acquired a 10.1 percent stake in Goodman Fielder Ltd., Australia’s largest baking company.

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