Rubber Plantation Company In Indonesia

Pt socfin indonesia socfindo is a leading oil palm and rubber plantation company with its operations in north sumatra and aceh provinces and its headquarters in medan north sumatra indonesia.

Rubber plantation company in indonesia.

The company is engaged in development cultivation and. Today the company is still indonesia s single largest latex producer. Bakrie sumatera plantations was founded in 1911 as n v. In 2016 the country s rubber plantations covered a total of 3 64 million hectares.

Bsp is one of indonesia s oldest producers of natural rubber. Nsop and its subsidiaries also participate in a joint venture on oil palm plantation in indonesia located at south sumatera province sumatera. It is also unique among plantation companies in still producing the complete range of natural rubber products from latex to block skim rubber bsr. South sumatra is the province that holds the largest rubber plantation area of 812 57 thousand hectares or 22 85 followed by north sumatra 472 14 thousand jambi 384 78 thousand riau 356 24 thousand and west kalimantan 350 75 thousand.

Protectionist policies and natural comparative advantage have sometimes contributed to determining where plantations are located. In the late 1910s the company was acquired by united states rubber plantation inc sumatra a subsidiary of united states rubber company usrc. Hollandsch amerikaanse plantage maatschappij opening its first rubber plantation in kisaran. Incorporated in 1995 fgv rubber industries sdn.

Rubber plantation required a very high cost so that the dutch government invited investors from other countries. Us 95 million sustainability bond issued to finance sustainable natural rubber plantation fighting deforestation and creating 16 000 fair wage jobs. The first foreign company had planted rubber and managed it commercially in indonesia was harrison and crossfield company which has opened the rubber plantation in malaysia indonesia s neighbors. Sarawak plantation berhad spb is an investment holding company.

As prospects of the rubber industry are positive there has been a shift away from commodities such as cocoa coffee and tea in favour of the establishment of palm. Fgvrisb is one of the largest standard malaysian rubber smr producers in malaysia with 4 factories throughout malaysia. We also own 1 latex concentrate factory in thailand 1 factory in cambodia producing cambodian standard rubber csr and 1 factory in indonesia producing standard. Its first estate in kisaran north sumatra was opened in 1911.

Coco rubber wood palm oil plantation 9059 tsh rubber palm oil hotel. A plantation is a large scale estate meant for farming that specializes in cash crops the crops that are grown include cotton coffee tea cocoa sugar cane opium sisal oil seeds oil palms fruits rubber trees and forest trees. Rubber plantations in indonesia are scattered in 27 provinces from aceh to papua.