Bumitama Agri

Bumitama Agri Limited is a Singapore-based holding company for Bumitama Gunajaya Agro, an Indonesian oil palm plantation company engaged in the cultivation of oil palm trees and the production of crude palm oil (CPO). It was established in 1996 by the Harita Group with its first acquisition of land in Central Kalimantan. Bumitama owns roughly 230,000 hectares and has planted 187,000 hectares of oil palm trees, primarily in Central and West Kalimantan. Bumitama owns 14 CPO mills (13 in Kalimantan and 1 in Riau), which produce more than 1,000,000 tons of CPO a year. Primary purchasers of their CPO include Wilmar International, the Sinar Mas Group and Musim Mas. In April 2012, Bumitama Agri presented an IPO on the Singapore Stock Exchange.