Sri Jelutung Palm Oil Mill Sdn. Bhd
In mid-2017, iKHASAS Group ventured into the oil palm industry. The Group acquired significant stakes in the Sri Jelutung Palm Oil Mill Sdn Bhd, partnering with Tanah Makmur Berhad in the take-over of a mill processing plant for the processing of fresh fruit bunches (FFB). Situated in Mukim Bebar, Pekan, Pahang, the fully-equipped mill resides on a 500-acre plantation with a current capacity of 75 tonnes per hour and 450,000 tonnes FFB per year. The Group's venture into the oil palm industry was driven by its potential for sustainable income in the future. Other related opportunities within the sector are also currently being explored.
75
Tonnes Per Hour FFB Processing Capacity
450,000
Tonnes FFB Processed Annually
Plantation
Malaysia is known as the world’s second largest palm oil producer after Indonesia. It is understood that the plantation commodity experts plays a crucial role in contributing to Malaysia’s economic growth.
The Group’s venture into the plantation industry was driven by its potential for sustainable income in the future.
Currently, the Group has 156 hectares of estate, or about 385 acres land planted with oil palms. The estate is located in Mukim Bebar, Pekan, Pahang. The palm trees were mostly planted in 2011 and harvesting started in 2016. Yield per hectare has improved through good estate management and the use of suitable fertiliser.
The Group does not dismiss the possibility to embark on strategic acquisition of sizeable brownfield plantation in the future.
Milling
Our palm oil mill is strategically located within close proximity to several of our major plantation estates. This helps to ensure that we can provide sufficient FFB supplies from our own plantation estates for the production of CPO and PK to our mill. Aside from, assuring the quality of the FFB intakes at our mill is consistently maintained.
Currently, the mill processes some 180,000 tonnes of fresh fruit brunches per year. Mill capacity upgrade is also in progress to further increase the mill capacity to 75 tonnes per hour for an annual intake of about 450,000 tonnes of fresh fruit brunches.
Long Fibre
In February 2018, Sri Jelutung Palm Oil Mill Sdn Bhd has incorporated a wholly-owned subsidiary, SJPOM Fibre Sdn Bhd, situated in Mukim Bebar Pekan, Pahang as a special purpose vehicle for carrying out the palm fibre business, where the empty fruit bunches (EFB) are pressed, hammered and dried into long fibres and sold as raw material (bales) for industrial applications mainly in the manufacturing of mattresses.
Most of our oil palm fibres (bales) are presently directly exported to overseas markets.
SUSTAINABILITY
SJPOM is committed to its sustainability agenda and has embarked on its journey towards MSPO certification. The Management has implemented several initiatives to manage its sustainability policies, missions and work practices and to ensure its corporate responsibility towards shareholders, business associates, employees, society and environment.
To provide your feedback, click here