FGV Annual Report 2015

6 Felda Global Ventures Holdings Berhad Annual Integrated Report 2015 Company Profile Felda Global Ventures Holdings Berhad (FGV Group or the Group) is one of Malaysia’s leading globally diversified agri-businesses operating under six main business Clusters: Palm Upstream, Palm Downstream, Trading, Marketing and Logistics (TML), Sugar, R&D and Agri-Services, and Rubber. Currently, FGV is the world’s largest producer of Crude Palm Oil (CPO) and the third largest oil palm plantations operator. With operations in more than 10 countries across North America, Europe, Asia and the Middle East, FGV aspires to be one of the top 10 agri-business conglomerates in the world by 2020. The Palm Upstream Cluster forms the core of the Company with a total landbank of more than 431,000 hectares. Palm Upstream is responsible for FGV’s status as the world’s largest CPO producer which produces more than three million tonnes of CPO annually. DIVISION Palm Upstream • The world’s largest CPO producer. • Forms the core of the company. Palm Downstream • Innovating new palm-based products. • Processing of crude palm oil into refined oils. Trading, Marketing and Logistics (TML) • World’s largest bulking installation for vegetable oil. • One of the global palm oil trading house. Sugar • Malaysia’s leading refined sugar producer. • Operated through MSM Malaysia Holdings Berhad, a listed company on Bursa Malaysia. Research & Development (R&D) and Agri-Services • Breeding disease-resistant, high-yielding oil palm. • Improving the yield of selected agriculture crops through breeding, tissue culture agronomy, and crop protection. Rubber • Top 5 global processed rubber player. Corporate Centre • Governance oversight role that covers Human Resources, Finance, Corporate Services, International Business Development and Chief Executive Officer’s Office. • The integration of these functions at one cost centre allows us to work transparently while reducing costs and redundancies. • Our Corporate Centre provides the strategy and direction across each Cluster that drives these activities in collaboration with one another. The Palm Downstream Cluster protects the upstream operations by providing a guaranteed uptake of products. Leveraging on its secured pipeline of CPO feedstock, the Cluster is now venturing into more innovative and wider profit margin products such as biodiesel, tocotrienol, graphene and carbon nanotubes. These will open new markets for FGV in higher growth industries including aviation, defense and oil & gas. Moving in parallel to these products, FGV is increasing its market share in oleochemicals, oils and fats, and fast moving consumer goods. The Trading, Marketing and Logistics (TML) Cluster ensures integrated supply-chain support across all of FGV’s core business activities. The 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, TML is strengthening capability by forging partnerships with other integrated logistics providers in key export markets. P. 42 P. 48 P. 52 P. 56 P. 60 P. 64