55 ANNUAL INTEGRATED REPORT 2021 ADDITIONAL INFORMATION HOW WE ARE GOVERNED REINFORCING SUSTAINABILITY Group Business Review Plantation The Plantation Sector is the largest revenue generator and forms FGV Group’s core. Backed by over 50 years of expertise in the Upstream business, we are an integrated palm oil producer with a business that extends across the value chain, encompassing Upstream, Downstream, Research & Development, Marketing & Trading and Renewable Energy. In our Upstream Division, we manage a total landbank of 438,885 Ha with a planted area of 347,335 Ha (oil palm, rubber and other crops) across Malaysia and Indonesia. We produce 2.68 million MT of CPO from our 67 mills, all located in Malaysia. Our Downstream Division safeguards the Upstream operations by providing a guaranteed uptake of CPO which is refined into a variety of palm oil-based products such as cooking oil, frying fats, industrial and specialty fats, and oleo derivatives. FGV is also reputed as one of the top rubber producers with six rubber processing facilities throughout ASEAN. Actively focused on extending operational strengths and creating new opportunities for the Sector, we are committed towards developing and improving technologies and innovative approaches to be applied in our operations through the R&D Division. Our Marketing & Trading business consistently nurtures our long-standing existing markets and ventures into new markets to accelerate our growth. Our Renewable Energy business steadfastly enhances the Group’s Waste-to-Wealth initiative while promoting a circular economy. We utilise biomass at our palm oil mills to produce biogas fuel for bio-compressed natural gas (bio-CNG) and the usage of national and rural grid connections. The Plantation Sector’s main focus is in advancing the potential of palm oil across the palm oil value chain, even going beyond in harnessing Renewable Energy through palm oil by-products.
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