Bumitama Agri: Indonesian plantations and palm oil
Bumitama Agri: Singapore-listed oil palm grower in Kalimantan and Riau with 184,467 ha managed, 17 mills and smallholder partners. IDR 19.95tn in 2025.
Bumitama Agri is a Singapore-listed oil palm group producing crude palm oil and palm kernels in Kalimantan and Riau, Indonesia, with smallholder partners.
Singapore · Listed on the Singapore Exchange
Bumitama Agri is a plantation group listed on the Singapore Exchange, with corporate offices in Singapore and Jakarta. Its operations focus on oil palm cultivation in Indonesia, in Central and West Kalimantan and Riau. IOI Corporation holds a minority shareholding and reports Bumitama as an associate. The group combines production on its own estates with arrangements involving smallholder growers, who account for part of the plantation area it manages.
Bumitama's business centres on estates and mills. Fresh fruit bunches are harvested and moved quickly to the mills, because fruit quality falls if it waits, and there they are processed into crude palm oil and palm kernels. These are raw materials for further processing, so the group's main customers are refiners and commodity traders. Refining is a separate stage, carried out by its buyers.
Size of the business
Bumitama's group revenue was approximately IDR 19.95 trillion in 2025. It reports 184,467 hectares of managed plantations, around 33.6% of which are allocated to smallholders, and 17 mills.
Is Bumitama an IOI subsidiary?
No. IOI holds a minority shareholding and reports Bumitama as an associate, not a subsidiary.
Do 17 mills mean 17 refineries?
No. Mills process fresh fruit into crude palm oil and palm kernels; refining is a separate stage.
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