About PT Bakrie Sumatera Plantations Tbk
PT Bakrie Sumatera Plantations Tbk, together with its subsidiaries, operates in the plantation, processing, and trading of agricultural and industrial products in Indonesia. The company was founded in 1911 and is headquartered in Medan, Indonesia.
Business Segments
- Palm Oil and Derivatives: Processes, markets, and sells palm oil while maintaining palm oil plantations. Products include cooking oil, margarine, ice creams, soaps, detergents, animal feeds, cosmetics, industrial lubricants, and biofuels.
- Rubber: Produces and sells natural rubber for use in footwear, gloves, contraceptives, and other industries.
- Oleochemical: Provides raw materials for fast-moving consumer goods, including fatty acids, alcohols, glycerin, plan stearin, palm olein, and palm fatty acid distillate.
Additional Services
The company also offers:
- Financial services, including bond issuance
- Industrial estate management
- Trading of fruits, basic chemicals, and goods
- Management consulting services
History
Formerly known as United Sumatera Plantations, the company changed its name to PT Bakrie Sumatera Plantations Tbk in 1991.