75 ANNUAL INTEGRATED REPORT 2021 ADDITIONAL INFORMATION HOW WE ARE GOVERNED REINFORCING SUSTAINABILITY Bulking/Storage Capacity (Million MT) Storage Volume (Million MT) Storage Tank Utilisation Rate (Times) 2019 2020 2021 2019 2020 2021 2019 2020 2021 0.95 8.42 9 0.99 8.22 8 1.01 8.21 8 PERFORMANCE SUMMARY BY DIVISION BULKING & STORAGE Current Market Strengths • One of the world’s largest and most modern storage facilities for edible oils and dry cargoes with a total capacity of over 1 million MT • 13 terminals across Malaysia, Indonesia and Pakistan • Over 45 years of expertise in storage operations • Strategic locations at main ports in Malaysia • BURSA approved Port Tank Installation in Pasir Gudang and Port Klang for CPO & CPKO and extended CPO future trading in Lahad Datu, Sabah in October 2021 In 2021, FGV fortified our strength in bulking and storage by further expanding storage assets within FGV Johor Bulkers Group (FGVJB Group). The installation of 10 new tanks at Langsat Bulkers, Johor now contribute an additional 16,200 MT to our liquid storage capacity. In addition, we have added a warehouse in Kuantan which offers 20,000 MT storage capacity. The year also recorded the achievement of highest oleochemicals throughput handled at 0.95 million MT. This signals a greater readiness to attract diversification opportunities from other industries in growing the potential of our business. Plans are afoot for further local and international business expansion. These would cover established ports across Malaysia such as Pasir Gudang and Tanjung Langsat in Johor, Port Klang in Selangor and Lahad Datu in Sabah. Next year, we target to further expand our international presence. The establishment of Renewable Energy Division focusing on PKS, Palm Oil Mill Effluent (POME) and Used Cooking Oil (UCO) further optimises current resources and business potential. Throughput volume in 2021 decreased slightly by 0.1% to 8.21 million MT compared to FY2020 due to lower demand from customers. The storage tank utilisation rate remained flat following the throughput volume. * The volume, capacity and rate in the charts above comprise of FGVJB Group only FGV is one of the world’s largest and state-of-the-art storage facilities for edible oils.
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