IOI Corporation: plantations, oils and oleochemicals
IOI Corporation: oil palm estates in Malaysia and Indonesia, refining, oleochemicals and food ingredients. MYR 11.779bn revenue in the year to June 2026.
IOI Corporation is a Malaysian palm oil group with estates and mills in Malaysia and Indonesia, refining, oleochemicals and specialty food ingredients.
Malaysia ·
IOI Corporation is a Malaysian group built around the oil palm value chain. It reports two segments: plantation, its core business covering oil palm cultivation and palm oil processing, and resource-based manufacturing, which includes refining, oleochemicals and specialty food ingredients. The group operates estates and mills in Malaysia and Indonesia, and it also holds a minority interest in Bumitama Agri, which it reports as an associate.
On its plantations IOI harvests oil palm fruit and mills it into crude palm oil and palm kernels, which are then refined or converted into oleochemicals and specialty ingredients for food and industrial customers. Research is part of the business: IOI Palm Biotech develops planting material through tissue culture, a technique that clones high-performing palms so that replanted estates start with more uniform, productive trees.
Size of the business
IOI reported revenue of MYR 11.779 billion for the financial year ended 30 June 2026. Its oil palm planted area stood at 170,769 hectares on that date, excluding the acreage of its associates.
Are IOI and Bumitama the same company?
No. IOI holds a minority interest in Bumitama Agri and reports it as an associate; the two are separate companies.
Does IOI also conduct agricultural research?
Yes. Its research covers planting material, including tissue culture through IOI Palm Biotech, and oil palm cultivation technologies.
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