ISP Finance Services Ltd. (ISP)
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ISP Finance Services Ltd. Profile
| - Industry | - Sector | Mr. Mosfly Ang CEO | XJAM Exchange | - ISIN |
| ID Country | 10,359 Employees | - Last Dividend | - Last Split | - IPO Date |
Overview
PT Sumber Tani Agung Resources Tbk is a prominent agricultural company that specializes in the management and cultivation of oil palm plantations alongside operating crude palm oil processing mills. With a foundation date going back to 1970, the company has established a strong presence not only in its home country, Indonesia, but also extends its operations internationally, including in Singapore. Its headquarters located in Medan, Indonesia, serves as the central hub for its expansive operations that are divided into two main segments: Plantations and Others. Through these segments, PT Sumber Tani Agung Resources Tbk focuses on the sustainable growth of its operations and the production of high-quality palm oil-based products.
Products and Services
- Crude Palm Oil (CPO)
At the core of its product lineup, PT Sumber Tani Agung Resources Tbk processes fresh fruit bunches harvested from its plantations to produce crude palm oil. This oil is a vital ingredient in numerous food and non-food products worldwide, making it a significant export commodity for the company.
- Palm Kernel
Alongside CPO, the company also produces palm kernel, which is the seed of the oil palm fruit. Palm kernels are processed to extract palm kernel oil and produce palm kernel cake or meal, which are valuable both as high-quality industrial oil and as a feed ingredient for livestock.
- Palm Kernel Oil
Extracted from the kernel of the oil palm fruit, palm kernel oil is used in a variety of cosmetic, household, and food products. Its unique properties and versatility in manufacturing make it a critical product in the company’s portfolio.
- Palm Kernel Expeller
The by-product of extracting oil from palm kernels is the palm kernel expeller, which is utilized as a high-fiber, high-protein feed ingredient for livestock. The production of palm kernel expeller demonstrates the company’s commitment to waste minimization and the circular economy.
- Palm Kernel Meal
Similar to palm kernel expeller, palm kernel meal is also produced as a by-product in the process of oil extraction from palm kernels. It is used as a nutritious livestock feed, contributing to the sustainability of the livestock industry.
