Page 6 - sr_2012.pdf

sustainability milestones
PT SIMP acquired an equity interest of
approximately 70% in PT SAIN via the
exercise of convertible bonds purchased
at an aggregate consideration equivalent
to Rp160 billion. PT SAIN is an R&D and
oil palm seed breeding company that
owns three plantation companies, with an
aggregate land bank in West Kalimantan
of approximately 42,000 hectares.
Attained RSPO certification for PT Lonsum’s
North Sumatra estates, covering 170,000
tonnes of CPO.
+6/&
Acquired 26.4% interest in Heliae, a
development stage algae technology
solutions company, for US$15 million.
This solution potentially contributes to
the development of both a sustainable
biofuel, but also a vegetable source of
Omega 3 and 6 nutrients, avoiding the
reliance on fatty acids derived from fish
oils, as fish stock becomes depleted from
global overfishing and contamination.
.":
PT SIMP increased its shareholding interest
in PT Sarana Inti Pratama (PT SAIN) from
70% to 100%. Acquisition of PT SAIN is in
line with IndoAgri’s strategy to merge the
seed business and breeding expertise of
PT SIMP and PT Lonsum to bring about
greater value and higher yields through
seed breeding, best-practice agronomy
and crop protection; thus minimising
environmental impact while meeting
palm oil demands.
'&#36"3:
Attained RSPO certification for an additional
25,000 tonnes of CPO, bringing IndoAgri’s
total certified CPO to approximately
195,000 tonnes.
0$50#&3
At tained RSPO cert i f icat ion for an
additional 53,000 tonnes of CPO, bringing
IndoAgri’s total RSPO-certified CPO output
to 248,000 tonnes.
/07&.#&3
4 Indofood Agri Resources Ltd.