Apical Acquires Kutai Refinery Nusantara; Poised for Further Investment in Downstream
Apical Group, one of the largest exporters of palm oil in Indonesia, has acquired Kutai Refinery Nusantara (KRN) in East Kalimantan, Indonesia. A member of the RSPO, KRN’s assets includes a 1,500 metric ton per day refinery that is expected to double its production by August 2018 and a 1,000 metric ton per day biodiesel plant. The acquisition was completed on 20 June 2018.Read more...
Apical Group expands joint ventures in Pakistan
Apical Group, one of the largest exporters of palm oil in Indonesia, has announced its expansion into South Asia with new joint ventures formed in Pakistan with the Mujahid Group and MM Group of Companies.Read more...
Apical publishes its first Sustainability Report
Kuala Lumpur, 14 November 2017 – Apical Group, one of the largest exporters of palm oil in Indonesia, has published its inaugural Sustainability Report 2016. This is the company’s first sustainability report that is aligned with the Global Reporting Initiative (GRI) Standards – the first global standards for sustainability reporting.Read more...
Apical Group and Kao establish a joint venture company for manufacturing fatty acids in Indonesia
December 28, 2016 - Apical Group Limited and Kao Corporation have agreed to establish PT Apical Kao Chemicals, a joint venture company for manufacturing fatty acids. The operation of the joint venture company is scheduled to commence in 2019.Read more...
Asian Agri and Apical Team Up with TFT to Enhance Supply Chain Traceability
June 16th 2015 - Asian Agri and Apical Group announced today their partnership with The Forest Trust (TFT) - a global environmental non-profit organisation focused on helping companies run responsible supply chains.Read more...
Apical Set to Boost Smallholders' Land Productivity with New-Generation Seedlings
Singapore, May 2015 – Apical Group, a processor and trader of palm oil, will work with one of Indonesia's leading oil palm growers Asian Agri, to distribute new-generation seedlings to its smallholders for the replanting of their aging palms, that will see land productivity increase by 50 percent in the new cycle.Read more...
Apical to build Biodiesel Distillation Plant
Dumai, February 2015 - PT.Sari Dumai Sejati (SDS) under Apical group is currently in the process of building an additional distillation plant that allows flexibility in producing various grades of biodiesel to fulfill local and export market demands.
Apical Backs New York Declaration On Forests
Singapore, September 2014 - Apical, as a processor and trader of palm oil, is committed to ensuring sustainability in its entire supply chain, from cultivation to consumption.Read more...
Apical Completed 32MW Power Plant in Indonesia
Dumai, June 2014 - PT.Sari Dumai Sejati (SDS) under Apical group now has its own on-site power plant to power its daily operations. Consisting of 3 boilers and 2 turbines, this new power plant has a total power generation capacity of 32MW. The project started in 2012 and prior to having its own power plant, SDS has obtained their power from the Perusahaan Listrik Negara (PLN), supplemented by power from gensets running on diesel.
Apical Raises US$350 Million in Syndicated Loan
Singapore, June 2012 - A major player in the mid to downstream palm oil industry with 5% market share in the global palm oil industry, Today announced..Read more...