Indofood Agri Resources Ltd - INDFY

Indofood Agri Resources Ltd. operates as a vertically integrated agribusiness company. The company engages in the research and development; oil palm seed breeding; oil palm plantations cultivation; crude palm oil production and refining; rubber and sugar cane cultivation; and industrial timber plantations activities. It operates in two segments, Plantations, and Edible Oils and Fats. The Plantations segment is involved in the development and maintenance of oil palm, rubber, and sugar cane plantations; and other business activities relating to processing, marketing, and selling palm oil, rubber, and sugar cane. This segment also cultivates cocoa, coconut, and tea and industrial timber plantations. The Edible Oils and Fats segment produces, markets, and sells edible oil, margarine, and shortening and other related products, as well as its derivative products. The company offers cooking oil under the Bimoli, Bimoli Spesial, Delima, Happy Salad Oil, and Mahakam brand names; and margarine and shortening products under the Palmia, Simas, Amanda, Malinda, and Delima brands. It has a planted area of approximately 300,387 hectares, including 247,630 hectares of oil palm; 19,869 hectares of rubber; 12,618 hectares of sugar cane; and 20,270 hectares of other crops in Indonesia, as well as 49,204 hectares of planted sugar cane in Brazil. The company also owns and operates bulking facilities; provides transportation services; and operates in the macronutrients mix fertilizers and prefabrication industries. Indofood Agri Resources Ltd. has operations in Indonesia, Singapore, China, Nigeria, Malaysia, the Philippines, Timor Leste, South Korea, and other countries. The company was incorporated in 2001 and is headquartered in Singapore. Indofood Agri Resources Ltd. is a subsidiary of Indofood Singapore Holdings Pte. Ltd.