About Our Joint-Venture Partners
Kuala Lumpur Kepong Berhad started as a plantation company in 1906 and today, the development of oil palm and rubber remains the Group's core business. In over 110 years of operations, the Group's sound management and strategic acquisitions have resulted in more than 220,000 hectares (as of the end of September 2020) of planted area for both crops. The Group's landbank extends across Malaysia (Peninsula and Sabah), Indonesia (Belitung Island, Sumatra Central and East Kalimantan) and Liberia.
KLK also ventured into resource-based manufacturing in the 1990s to optimise value across the supply chain by vertically integrating its upstream business with downstream capabilities in oleochemicals, derivatives and specialty chemicals. Property development became another key business as the Group capitalised on its strategic landbank location in Peninsula Malaysia and is today focused on Bandar Seri Coalfields, a 1,001-acre township in Sungei Buloh, Malaysia.
P.T. Astra Agro Lestari entered the plantation industry in Indonesia more than 30 years ago via mergers. Starting with a cassava plantation, and later developing its rubber plantation, the Company established an oil palm plantation in Riau Province in 1984. Today, the Company has grown into one of the largest and best-managed oil palm plantations in Sumatra, Kalimantan and Sulawesi.
Apart from operating the oil palm plantations, the Company also diversified by developing a relevant downstream industry as a strategy to safeguard the continuity of its business. It is currently also operating a palm oil refinery in the Mamuju Utara Regency in West Sulawesi Province, and in Dumai, Riau Province. Processed palm oil products taking the form of Olein, Stearin, dan PFAD produced by the refinery serve to meet market demand for export to China, Bangladesh, Pakistan, Malaysia, Philippines and South Korea. The Company also set up a fertilizer blending plant in Donggala Regency, Central Sulawesi Province in 2016 and in Bumiharjo, Central Kalimantan Province in 2017. In addition, the Company also initiated an integrated cattle-in-plantation business in Kotawaringin Barat Regency, Central Kalimantan Province.