News

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.

Astra Agro’s net income up 19.3%

Thu, 02/23/2012 - 15:45

PT Astra Agro Lestari’s 2011 net income rose by 19.3 percent to Rp 2.41 trillion from Rp 2.02 trillion a year earlier.

Wilmar faces difficulties in expanding plantation in RI

Wed, 02/22/2012 - 16:31

Palm oil giant Wilmar International Ltd said it was now facing difficulties in expanding its plantation acreage in Indonesia due to tighter government regulations.

Astra Agro to enter rubber, sugar plantation

Tue, 02/21/2012 - 07:06

Jakarta-listed palm oil company PT Astra Agro Lestari plans to start opening up rubber plantation this year to supply the rubber needs of parent PT Astra International, an automotive giant

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