Rubber Plantation Company In Indonesia

Protectionist policies and natural comparative advantage have sometimes contributed to determining where plantations are located.

Rubber plantation company in indonesia.

Bakrie sumatera plantations was founded in 1911 as n v. The first foreign company had planted rubber and managed it commercially in indonesia was harrison and crossfield company which has opened the rubber plantation in malaysia indonesia s neighbors. Today the company is still indonesia s single largest latex producer. Hollandsch amerikaanse plantage maatschappij opening its first rubber plantation in kisaran.

South sumatra is the province that holds the largest rubber plantation area of 812 57 thousand hectares or 22 85 followed by north sumatra 472 14 thousand jambi 384 78 thousand riau 356 24 thousand and west kalimantan 350 75 thousand. As of 2018 socfindo has over 46 000 ha of planted area and around 10 000 employees. Us 95 million sustainability bond issued to finance sustainable natural rubber plantation fighting deforestation and creating 16 000 fair wage jobs. As prospects of the rubber industry are positive there has been a shift away from commodities such as cocoa coffee and tea in favour of the establishment of palm.

Fgvrisb is one of the largest standard malaysian rubber smr producers in malaysia with 4 factories throughout malaysia. It is also unique among plantation companies in still producing the complete range of natural rubber products from latex to block skim rubber bsr. The total size of indonesia s rubber plantation area has risen steadily during the last decade. In the late 1910s the company was acquired by united states rubber plantation inc sumatra a subsidiary of united states rubber company usrc.

Concession areas form a buffer zone protecting one of the last places in indonesia where elephants tigers and orangutans co exist. Incorporated in 1995 fgv rubber industries sdn. Pt socfin indonesia socfindo is a leading oil palm and rubber plantation company with its operations in north sumatra and aceh provinces and its headquarters in medan north sumatra indonesia. Bsp is one of indonesia s oldest producers of natural rubber.

Its first estate in kisaran north sumatra was opened in 1911. Rubber plantations in indonesia are scattered in 27 provinces from aceh to papua. The company is engaged in development cultivation and. In 2016 the country s rubber plantations covered a total of 3 64 million hectares.

Nsop and its subsidiaries also participate in a joint venture on oil palm plantation in indonesia located at south sumatera province sumatera. Sarawak plantation berhad spb is an investment holding company. A plantation is a large scale estate meant for farming that specializes in cash crops the crops that are grown include cotton coffee tea cocoa sugar cane opium sisal oil seeds oil palms fruits rubber trees and forest trees.