First Resources: plantations and palm oil processing
First Resources: Indonesian oil palm estates, refining, kernel crushing and biodiesel, and the 2025 acquisition of ANJ. USD 1.661 billion sales in 2025.
First Resources is a Singapore-incorporated palm oil group with Indonesian plantations, mills, refining, kernel crushing and biodiesel production.
Singapore ·
First Resources is a Singapore-incorporated group that operates oil palm plantations in Indonesia. It combines cultivation, harvesting and milling with refining and the manufacture of palm-based products, including biodiesel. In May 2025 it completed the acquisition of Austindo Nusantara Jaya, known as ANJ, which is now part of the group and has broadened its plantation base. It serves both domestic and international customers.
Fresh fruit bunches from the estates go to palm oil mills, where they are pressed into crude palm oil and palm kernels. The crude oil used at the group's refineries comes mainly from its own mills, and is fractionated into olein, the liquid fraction used as cooking oil, and stearin, the harder fraction used in fats. Kernel crushing plants extract palm kernel oil, and part of the oil goes into biodiesel. The group also buys fruit from external suppliers.
Size of the business
First Resources reported sales of USD 1.661 billion in 2025 and approximate actual crude palm oil production of 1.3 million tonnes. These results include ANJ's contribution from its acquisition in May 2025, so part of the growth on earlier years reflects the larger group.
Is ANJ a separate group?
No. ANJ has been part of First Resources since the acquisition was completed in 2025.
Does 1.3 million tonnes represent production capacity?
No. It is the approximate amount of crude palm oil actually produced in 2025.
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