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View all search resultspalm-oil
Opinion 8 months ago
PREMIUM
Analysis: Agrinas Palma shakes up leadership to undertake palm oil mission
State-owned palm oil producer PT Agrinas Palma Nusantara, established just last March through a spin-off from a state-owned construction firm to refocus on the agriculture sector, has unexpectedly restructured its board of directors (BoD) and board of commissioners (BoC). The leadership shake-up comes as the company carries a mandate to manage illegal palm oil plantations seized by the government. The confiscated land, which spans hundreds of thousands of hectares (ha), was taken from companies found to have violated laws such as the Forestry Law, including several prominent palm oil firms also active in downstream production.
Companies 8 months ago
Govt gives sizeable land to palm oil company Agrinas
The government on Wednesday handed over nearly 400,000 hectares of seized palm oil plantations to Agrinas Palma Nusantara, giving the new state company a sizeable land bank that could make it one of the world's biggest oil palm growers.
