Musim Mas
Palm oil

Musim Mas

https://www.musimmas.com

About

Established in 1932 by Anwar Karim, Musim Mas is a major player in the global palm oil industry, with operations spanning the palm oil supply chains from plantation operations through to consumer goods manufacturing. It is a substantial operator in the refining and oleochemical business, and distributes its palm products through an extensive international network of subsidiaries to many of the world's largest consumer goods manufacturing companies.

RSPO Member : Yes RSPO Member : Yes

Environmental, Social, Governance Rating (SPOTT)

85.7%

Environmental, Social, Governance (ESG) rating from SPOTT - Sustainability Policy Transparency Toolkit.
Musim Mas map

Market cap

Private Company

Landbank

>190,000

hectares (in Indonesia including ~4,500 ha planted area under a smallholder scheme)

Supply chain position

Fully Integrated

Grower of oil palm | Processor and trader of crude palm oil and palm kernel oil | Refiner | Trader and manufacturer of consumer goods

Refineries / capacity

11

refineries

NDPE Policy

Yes

No Deforestation, No peat, No exploitation

Market served

International

Parent Company

n/a

Subsidiaries

Inter-Continental Oils & Fats Pte Ltd (global), South India Krishna Oils and Fats (SIKOF, India), Dutch Glycerin Refinery B.V. (Europe). Others known but not listed include Musim Mas (Dongguan) Oils and Fats Ltd., Musim Mas (Tianjin) Oils and Fats Ltd. and Musim Mas (Zhenjiang) Oils and Fats Ltd in China.

Products

Palm oil sold under the brands Sunco, Surya Gold and Rajni Gold. The company produces palm oil derivatives for personal care products such as soaps, cosmetics, shampoos and household cleaners), as well as derivatives for animal feeds, nutritional supplements and industrial applications such as pharmaceuticals. The company is also engaged in biodiesel production.

Resources

Greenpeace
How Unilever and other global brands continue to fuel Indonesia's fires
September 19, 2019
Business Times
Palm oil from illegal Indonesia plantation sold to Golden Agri, Musim Mas: forest group
September 30, 2019
China Dialogue
Sustainable palm oil seeks breakthrough in China
July 7, 2020
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