First Resources is one of the fastest-growing crude palm oil producers. Established in 1992, we have grown our
plantation under management at a rapid rate to over 113,000 hectares.
The Group’s key activities are cultivating oil palms, harvesting the fruits and processing them into crude palm oil
and palm kernel for sale to the local and export markets. Our plantations and processing mills are strategically
located in the Riau and West Kalimantan provinces of Indonesia.
The Group’s expertise in plantation management and our emphasis on cost efficiencies has enabled First
Resources to achieve yields and margins that rank among the highest in the industry.
Our consistent planting strategy has resulted in a young plantation profile, which currently averages at 8 years
old. This plantation profile positions the Group well for strong production growth over the next few years.
With a land bank 3 times the size of Singapore, of which half is unplanted, First Resources has further room
to expand. We aim to expand our annual production potential to 1 million tons of CPO.
Plantation Profile
| (as at 31 March 2010)
|
| Total Planted Area |
113,010 |
hectares |
| Planted Nucleus Area |
99,844 |
hectares |
| Planted Plasma Area |
13,166 |
hectares |
| Weight average age of trees |
8 |
years |
Processing Capacity
| (as at 31 March 2010) |
| Number of Palm Oil Mills |
8 |
|
| Capacity Per Annum |
2,610,000 |
tons of fresh fruits |
| Capacity Per Hour |
435 |
tons of fresh fruits |
|
