Milestones | KENCANA AGRI
2020 - 2023
- Completed the sale of PT Cahaya Permata Gemilang to PT Kencana Energi Lestari Tbk
- Commenced construction of 7th palm oil mill in Gorontalo province with capacity of 30MT/hour
- Entered into a Conditional Share Sale and Purchase Agreement with a related party, PT Kencana Energi Lestari Tbk to dispose its 78.5% equity interests in a subsidiary, PT Cahaya Permata Gemilang.
- Completed construction of 7th palm oil mill in Gorontalo province.
2012 - 2019
- Built sixth palm oil mill in Central Sulawesi, commenced operations in April 2019
- Completed the sale of joint venture with Louis Dreyfus Company in May 2017
- PT. Sawindo Kencana and PT. Alamraya Kencana Mas received International Sustainability and Carbon Certification (ISCC), allowing our CPO to be used as feedstock in biodiesel production
- PT. Sawindo Kencana, PT. Alamraya Kencana Mas and PT. Sawit Kaltim Lestari received Indonesian Sustainable Palm Oil (ISPO) Certification
- PT. Sawindo Kencana was awarded the Padmamitra Award for Corporate Social Responsibility in December 2016 by the Ministry of Social Affairs (Kementrian Sosial Republik Indonesia)
- Issued first sustainability report in August 2016
- Completed construction of fifth palm oil mill in East Kalimantan; commenced operations in October 2015
- Commenced joint venture operations for bio-energy (JV with Enco) in FY2014
- Acquired 23,000 ha of landbank in Sulawesi region
2009 - 2011
- Started phase 3 of palm oil cultivation in Sulawesi, after the first two phases in Sumatra and Kalimantan
- Raised S$52.5 million when the Wilmar Group became a 20% strategic shareholder in Kencana Agri in 2010
- Signed an Emissions Reduction Purchase Agreement ("ERPA") with the Danish Ministry of Climate and Energy to sell Certified Emission Reduction ("CER") credits from our biomass power plant at Bangka Island in 2010
- Acquired 80,000 hectares of land in Sulawesi, Indonesia in 2009
- Entered into a joint venture with Louis Dreyfus Group to build and operate a deep water port in Balikpapan in 2009
2008
- Listed on the Main Board of the Singapore Exchange in July 2008
2004 - 2007
- Signed a contract to supply green electricity from our biomass power plant at Bangka Island to the state owned electricity firm, PT. Perusahaan Listrik Negara ("PLN") in 2007
- Acquired 46,000 hectares of land in East Kalimantan in 2005
- Built our first biomass power plant on Bangka Island in 2005
- Built and operated our first oil barge in 2004
- Acquired 12,000 hectares of land in East Kalimantan in 2004
1995 - 2003
- Started CPO and CPKO storage operations at our bulking terminal in Belinyu in 2002
- Began CPKO production at our first kernel crushing plant on Bangka Island with a capacity of 100 MT/day in 2002
- Began CPO production at our palm oil mill at Bangka Island with a capacity of 30 MT/hour in 2001
- Commenced planting oil palms in South Kalimantan in 1998
- Acquired 15,000 hectares of land in South Kalimantan in 1997
- Began planting oil palms in Sumatra in 1996
- Began operations by acquiring 9,000 hectares of land on Bangka Island in 1995