| Oil Palm | ||
| Oil Palm Plantation Location Central region of Sarawak Total area 83,483 hectares Planted area (up to September 2009) 46,389 hectares Mature area (up to 2009) 7,595 hectares Fully planted Year 2012 Crude Palm Oil Mill Total mills planned Six (6) Total mills completed One (1) Fully Completed Year 2014 |
During the
financial year 2009, the division produced a total of 99,191 metric tonnes
(“MT”) of fresh fruit bunches (FFB), achieving a growth of 62% compared to a
year ago. The increase in production was mainly attributable to the increase of mature
area by 115% or 4,064 hectares (“ha”). As at 30 April 2009, the total land bank of the Group stood at 83,483 ha with 68,267 ha estimated to be suitable for planting. Our total planted area increased by 26% to 43,558 ha, from 34,531 ha previously. Of the 43,558 ha planted area, approximately 17% or 7,595 ha were mature oil palms. The FFB production of the Group is projected to increase further over the next few years from additional areas coming into maturity and a higher yield expected from the oil palm trees at their more productive age. The construction of our first CPO mill has been completed in June 2009. The mill is strategically located in Pulau Bruit, Sarawak to process FFB from the surrounding oil palm estates owned by the group and effectively keeping the logistic cost low and facilitating timely delivery of FFB. It has a capacity of processing 45-MT of FFB per hour and it is expandable to 90-MT per hour, to support the anticipated higher crop levels in the coming years from the surrounding plantations owned by the Group. |
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