| Description |
The Company was incorporated in Singapore on 26 September 2007 as a private
limited company, under the name of Kencana Agri Pte Ltd and changed its name to
Kencana Agri Limited upon conversion to a public company.
Kencana Agri Limited is a producer of crude palm oil and crude palm kernel oil
in Indonesia, with a total land bank of 107,782 hectares strategically located
in the Sumatera and Kalimantan regions. The Group has a total planted area of
32,330 hectares of oil palm plantations. The Group has two palm oil mills and
two kernel crushing plants, with one of each located on Bangka Island in
Sumatera and in South Kalimantan respectively. Its palm oil mills has a total
production capacity of 120 MT/hour, and its kernel crushing plants has a
combined production capacity of 435 MT/day.
The Group also operates a renewable biomass power plant on Bangka Island which
generates electricity by utilising waste recycled from the CPO production
process. Most of the electricity generated is sold to PLN, a state-owned
electricity company. The balance is used for internal consumption by its
plantation located on Bangka Island.
Additional info from SGX:
The Company was incorporated in Singapore on 26 September 2007 as a private
limited company, under the name of Kencana Agri Pte Ltd and changed its name to
Kencana Agri Limited upon conversion to a public company.
Kencana Agri Limited is a producer of crude palm oil and crude palm kernel oil
in Indonesia, with a total land bank of 107,782 hectares strategically located
in the Sumatera and Kalimantan regions. The Group has a total planted area of
32,330 hectares of oil palm plantations. The Group has two palm oil mills and
two kernel crushing plants, with one of each located on Bangka Island in
Sumatera and in South Kalimantan respectively. Its palm oil mills has a total
production capacity of 120 MT/hour, and its kernel crushing plants has a
combined production capacity of 435 MT/day.
The Group also operates a renewable biomass power plant on Bangka Island which
generates electricity by utilising waste recycled from the CPO production
process. Most of the electricity generated is sold to PLN, a state-owned
electricity company. The balance is used for internal consumption by its
plantation located on Bangka Island.
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