Wilmar is one of the world’s largest oil palm plantation owners with a total planted area of 231,697 hectares (ha) as at 31 December 2022, of which about 65% is in Indonesia, 26% in East Malaysia and 9% in Africa. In Indonesia, our plantations are located in Sumatra, West Kalimantan and Central Kalimantan (southern region) while in Malaysia, they are located in the states of Sabah and Sarawak.
Through joint ventures, we own plantations in Uganda and West Africa of about 54,000 ha. We also directly manage 36,390 ha under smallholder schemes in Indonesia and Africa and 167,999 ha under smallholders schemes through associates in Africa. We are committed to purchasing all the fruits produced by the small landholders’ plantations.
We have a strong team of managers and staff who are devoted to the common objective of achieving the highest standards for our plantations. We adopt best management practices including good field and harvesting standards and timely application of fertilisers to optimise crop yields.
Apart from plantations, Wilmar also owns palm oil mills to process fruits from our own and surrounding plantations. The key products of oil palm cultivation and milling are crude palm oil and palm kernel.
In ensuring that our plantations and mills operate in an environmentally and socially responsible manner, we are guided by our No Deforestation, No Peat, No Exploitation Policy that, applies to our own operations as well as all third-party suppliers. Concurrently, we continue to pursue the Roundtable on Sustainable Palm Oil certification standard as a core element of our sustainability strategy for our upstream operations.
Wilmar’s fertiliser operations and markets are located in Indonesia and Malaysia. We are one of the largest fertiliser players in Indonesia, with 1.2 million MT per annum production capacity dedicated to nitrogen, phosphorus and potassium (NPK) compound fertilisers. We have a further 100,000 MT capacity in Sabah to complement the Group’s activities in East Malaysia. We also engage in the trading and distribution of various straight fertilisers and agrochemicals, making us a one-stop supplier for agriculture inputs.
The fertiliser business has been geared towards the oil palm sector, in line with one of Wilmar’s core businesses. The remarkable growth in new planted acreages in the past decade has resulted in rising demand for fertilisers, thereby leading to the expansion of the fertiliser business unit. Customers for the fertiliser products are also our suppliers of fresh fruit bunches, crude palm oil and palm kernel, thus we have been able to tap this captive market and minimise credit risk.