Golden Agri-Resources Limited (“Golden Agri”) is a leading Indonesian plantation group with integrated operations for palm oil-based products. Listed on the Singapore Exchange in 1999, Golden Agri is one of the pillars of the Sinar Mas Group, one of the largest conglomerates in Indonesia.
Also, one of Golden Agri’s main subsidiaries – PT Sinar Mas Agro Resources and Technology Tbk (SMART Tbk) is also a listed company, on the Indonesian Stock Exchange in 1992.
Now, what do palm oil-based products cover? Well, we are glad you asked.
Once we stop and take a look, palm oil is everywhere in our lives, from:
- Edible products: Cooking oil, chocolate, cookies, instant noodles, ice cream, packaged bread, margarine, etc.
- Non-food products – Detergents, Lipstick, soap, shampoo, etc.
In recent years, palm oil is increasingly being used as feedstock for biofuel. With that said, its primary use remains for food.