Tag Archives: PT Varia Mitra Andalan

South Sorong: Oil palm industry continues its rapid expansion.

In mid-2013, there was no oil palm planted in South Sorong Regency. The logging industry had made an impact on the forest in the area, but the area was still covered by forest, much of it classified by the Indonesian Government as primary forest. By early 2014, two subsidiaries of the Austindo Nusantara Jaya Group […]

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Felda Global Ventures buys Rajawali’s Sugar Operations, 37% of all Plantations.

Malaysian company Felda Global Ventures has finalised a deal to buy 37% of PT Eagle High Plantations Tbk, the plantation company in which the Rajawali Group held the controlling stake. The company was created last year after Rajawali’s reverse takeover of BW Plantations. It’s a huge deal. Felda Global Ventures claims to be the world’s […]

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Louis Dreyfus quits Green Eagle Group, owner of PT Tandan Sawita Papua and PT Varia Mitra Andalan

Louis Dreyfus Commodities, a French multinational which is one of the big four agricultural trading companies worldwide, has withdrawn from the Green Eagle Group, its joint venture with the Rajawali Corporation. The company released a short statement on July 24th. Green Eagle Group controls two plantations in West Papua. PT Tandan Sawita Papua in Keerom […]

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