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Plantation is a core business of IOI, which is engaged in the cultivation of oil palm and processing of palm oil with operations in seed breeding, cultivation and crop oil extraction.
IOI Corporation Berhad is a Leading Global Integrated Palm Oil Player. Our palm oil business consists of upstream plantation in both Malaysia and Indonesia; and downstream resource-based manufacturing business.
IOI Corporation Berhad ( IOI) is a leading global integrated and sustainable palm oil player. We are listed on the Main Market of Bursa Malaysia Berhad and trading as MYX: 1961. Our palm oil business consists of upstream plantation in both Malaysia and Indonesia; and downstream resource-based manufacturing business.
Palm oil plantations. Palm oil plantations are IOI's biggest income generator. As of 2023, about 63 percent of the conglomerate's profits came from its oil palm plantations. The group controls 176,925 hectares of oil palm plantations in Malaysia and Indonesia.
Nov 27, 2023 · The CCAi is one of IOI’s long-term action plans to mitigate and reduce GHG emissions from its operations. The company aims to reach net zero by 2040 as a group by enhancing existing carbon reduction initiatives through operational efficiency and utilisation of renewable energy.
In a filing with Bursa Malaysia yesterday, IOI Corp said profit for its plantation segment surged 69% year-on-year (y-o-y) to RM576mil during the second quarter ended Dec 31, 2021, mainly due to higher crude palm oil (CPO) and palm kernel (PK) prices.
Oct 29, 2018 · IOI Corp Bhd has been in talks with several companies from Malaysia and Indonesia to increase the group’s plantation assets. Its group CEO Datuk Lee Yeow Chor (picture) said the firm is looking at established plantations, specifically close to its existing estates.
