PT
Gozco Plantations Tbk. (The Company) was originally established as a
limited company under the name of PT Surya Gemilang Sentosa, in
Sidoarjo, East Java in 2001. In 2007 the Company changed its name into
PT Gozco Plantations having it domicile moved to South Jakarta. The
Company status was further changed to foreign Investment Company in
January.
The Company is an Indonesia crude
palm oil and palm kernel producer. The Company’s major operation
includes planting of palms, production of fresh fruit bunches and
processing of crude palm oil and palm kernel for distribution in
Indonesia. The Company operates in South Sumatra, Indonesia, and
produces crude palm oil and palm kernel from fresh fruit bunches
directly harvested from it’s subsidiary plantation which is further
processed at the processing plant located at the Company’s plantation
vicinity.
The Company is perfectly supported
with some competitive excellence such as plantation and a processing
plant situated in an ideal location with easy access to infrastructure
along with convenient water table management. Good quality of soil,
paved road network and the fact that it is close to the Musi river
which has become a huge support for transport. The company also enjoys
massive landmark for future operation. Gozco Plantations History
Future Strategy and Plans
| Domestic
consumption of crude palm oil will continue to grow, triggered by the
population growth and improved economic climate. Domestic traditional
markets for crude palm oil will also be growing in relations to the
hike in the demand of non-traditional market such as down-stream
chemical producers, processed food producers and bio-diesel producers.
Indonesia’s demand for crude palm oil and palm kernel is supported by
optimisms that the international price of crude palm oil will follow
the 2007 trend, which was elevated by a hike in the world’s demand for
crude palm oil and other vegetables oil, which among other is used as
biofuel. |
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These factors have driven the Company to move forward to the future with huge opportunity to benefit from the profile of palm plantation which support production fresh fruit bunches for years ahead. The Company intends to develop its operation by expanding the area for palm plantation and processing capability through the following strategies: | |
Expansion of palm plantation area and significant increase in its planted area by acquiring more land bank
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Improvement of crude palm oil processing capacity, to be undertaken by gradually establishing more processing plants at the plantation where production is near its peak | ||
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Development of infrastructure and logistic facilities, repair and provision of more roads, introduction of building facility by constructing port at Musi River Bank, construction of storage facilities. | ||
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Improvement of profit margin by running more efficient operation to be undertaken by means of implementation of industrial best practices, production cost cut, use of new innovation an increase of own plantation production proportion. |
