FGV Annual Report 2014
Underpinning FGV’s businesses is its world-class R&D and Agri Services Cluster. Four decades of research and development have culminated in South East Asia’s largest biotechnology centre, led by a team of highly specialised scientists. The Cluster’s key objective is to generate cutting-edge agri-business technologies to enhance operational performance and commercial utilisation across all facets of FGV. The company’s award-winning Yangambi oil palm planting material, which has 40 percent market share in Malaysia, is just one of R&D’s innovative products. The Transport, Logistics, Marketing and Others (TLMO) Cluster ensures integrated supply-chain support across all of FGV’s core business activities. The profitable, multi-billion ringgit operation possesses the world’s largest bulking and storage facilities for vegetable oil. It is further tasked with connecting and controlling the flow of assets across FGV’s businesses, driving group-wide efficiencies. Looking ahead, the Cluster is strengthening an international capacity by forging partnerships with overseas integrated logistics providers in key export markets. Furthermore, with the recent establishment of FGV Trading Sdn Bhd that focus on trading and tolling business, we are on the fast track to becoming an international palm oil trader. FGV now takes the lead in FELDA’s commitment to agricultural sustainability by managing the Group’s active participation in the Roundtable on Sustainable Palm Oil (RSPO). In addition to being one of RSPO’s earliest members, FGV represents the first complete palm oil supply chain to attain the International Sustainability and Carbon Certification (ISCC). This further cements its determination to take a leadership stance in sustainable operations. FGV’s progression towards becoming one of the world’s leading agri-businesses by the year 2020 will open up global possibilities and potentials through our agri-business solutions. With world- class technology and the passion of its more than 19,000 talented employees, FGV will meet the needs of a green and sustainable planet. France & Spain 2 trading offices* Turkey 1 refinery* Thailand 1 rubber processing facilities China - 2 refineries* - 1 bulking installation Distribution of packed products Cambodia Distribution of packed products Distribution of packed products Canada USA Pakistan 1 refinery # Plantations Refineries Bulking Installations Sales & Marketing Canola & Soybean Oleochemicals Sugar Facilities Rubber Manufacturing Distribution of Packed Products 1 canola & soybean crushing & refining facility 1 oleochemical plant Myanmar Malaysia Philippines – 370,922 ha of oil palm plantation – 71 mills – 5 crushing plants – 7 refineries – 1 oleochemical plant* – 15,429 ha of rubber plantation – 8 rubber processing facilities – 2 sugar refineries – 4 bulking installations – 7 transport hubs Indonesia – 56,422 ha of oil palm plantation – 1 refinery* – 12,844 ha rubber plantation – 1 rubber processing facility – 1 bulking installation * Joint-ventures # Associates FGV’s Global Presence Introduction Performance Highlights About FGV Reports Financial Statements Others Strategy and Value Creation Performance Review & Progress Foreword to Shareholders Annual General Meeting Annual Report 2014 pg 3
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