Golden Agri-Resources (GAR)
https://www.goldenagri.comAbout
Founded in 1996, GAR International has operations across the global palm oil supply chain. GAR is the agribusiness and food processing arm of Sinar Mas – one of the largest conglomerates in Indonesia. It operates palm plantations and mills, as well as a system of refineries processing certified palm oil and palm kernel oil into industrial and consumer product ingredients. GAR (through its network of subsidiaries) is also engaged in oilseed crushing, logistics, operating deep sea port and storage facilities, as well as industry research and development. In Indonesia and China, GAR is often referred to as Sinar Mas Agribusiness and Food.
RSPO Member : Yes
Market cap
2,032
Million US$Landbank
>600,000
hectares, across Indonesia - Bangka Belitung, Central Kalimantan, East Kalimantan, Jambi, Lampung, North Sumatra, Papua, Riau, South Kalimantan, South Sumatra, West KalimantanSupply chain position
Fully Integrated
Grower of oil palm | Processor and trader of crude palm oil and palm kernel oil | Refiner | Trader and manufacturer of consumer goodsRefineries / capacity
7
refineries in Indonesia with a total capacity of ~5 million metric tonnes of CPONDPE Policy
Yes
No Deforestation, No peat, No exploitationMarket served
International, Chinese, Indonesian.
Parent Company
Flambo International Ltd
Subsidiaries
PT Purimas Sasmita, PT Rawa Bangunyaman, PT Sinarmas Surya Sejahtera, PT Agrolestari Sentosa, PT Djuandasawit Lestari, Victory Oleo Holding, PT Buana Wiralestari Mas, PT Usaha Malindo Jaya, PT Binasawit Abadipratama, PT Bahana Karya Semesta, PT Riau Semesta Biomassa, Victory Tropical Oils USA, Inc., PT SMART, PT Sinomas Bio Energy, PT Prisma Cipta Mandiri, Golden Agri Resources (India), GAR Pakistan (pvt.) Limited, GFI Food and Beverages Limited, PT Aimer Sawitmas, Golden Food International (Shanghai), Sinarmas Natural Resources Foodstuff Ltd., Golden Agri-Resources Nigeria Ltd, Golden Veroleum Liberia
Products
Cooking oils including margarines, shortening for baking products, oleochemicals for industrial applications, and biodiesel.
Resources
Palm oil from illegal Indonesia plantation sold to Golden Agri, Musim Mas: forest group
September 30, 2019Palm Oil Giant Golden Agri-Resources Removed from Dow Jones Sustainability Index after Bribery and Corruption Scandal
February 5, 2019
