Subscribe Corporate NewsPalm oil giant Wilmar International Ltd said it was now facing difficulties in expanding its plantation acreage in Indonesia due to tighter government regulations.
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
Jakarta-listed palm oil company PT Astra Agro Lestari said CPO production in January of this year rose by 6.4 percent to 98,042 tons from the same period last year.
State-owned food crop seed producer PT Sang Hyang Seri will cut down the production of non-hybrid seeds this year as the company is reducing dependence on government projects.
State-owned plantation company PTPN X plans to produce bioethanol, which will entirely be sold to state-owned oil and gas firm Pertamina.
State-owned plantation company PTPN VII plans to launch an initial public offering (IPO) in the second semester of this year to raise funds to help finance expansion programs.
Jakarta-listed palm oil firm PT BW Plantation plans to build a new CPO mill in 2013 in Central Kalimantan, which is expected to be completed in the following year.
