Corporate Presentation
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Corporate Presentation About Musim Mas © 2020 Musim Mas Holdings Pte. Ltd. 1 History 1932 Started as a modest soap factory 1970 Started the first palm oil refinery in Indonesia 1988 Started plantation in Rantau Prapat, North Sumatra 2003 Started oleochemicals plant 2018 Fully integrated palm oil corporation across 13 countries © 2020 Musim Mas Holdings Pte. Ltd. 2 Musim Mas at a Glance Headquarter: Singapore Number of countries with operational presence: 13 Countries Number of countries where we sell our products: Global Number of employees: ~ 37,000 people worldwide © 2020 Musim Mas Holdings Pte. Ltd. 3 Global Footprint The Netherlands United Kingdom Germany Italy United States Spain China India Vietnam Malaysia Singapore Indonesia Brazil Legend Sales Office Oleochemicals plant Derivative products Refinery Biodiesel Storage tank Plantation Ethoxylation plant Sulphation plant © 2020 Musim Mas Holdings Pte. Ltd. 4 Integrated Business UPSTREAM DOWNSTREAM Plantation Mill Refinery Processing Logistics Plants Cultivate Produce crude Process palm oil into different products : - Merchandise seedlings and palm oil - Cooking oil - Biodiesel and ship the manage oil palm from the fruits - Oleochemicals - Palm wax products plantations. ( Fresh Fruit - Specialty fats globally. Bunches) - Functional products - Tank storage © 2020 Musim Mas Holdings Pte. Ltd. 5 Product Applications Food Personal Care and Industrial Household Energy © 2020 Musim Mas Holdings Pte. Ltd. 6 Sustainable Palm Oil © 2020 Musim Mas Holdings Pte. Ltd. 7 Musim Mas Sustainability Milestones First in Indonesia to Frist smallholder scheme in Published comprehensive • First palm oil major to be join RSPO1 Indonesia to attain RSPO1 sustainability policy extended to POIG3-vertified certification third-party suppliers • First palm oil mill globally to be certified against RSPO1 P&C 2018 2004 2009 2010 2012 2014 2018 2019 First plantation in Indonesia to Frist to receive Launched first attain RSPO1 certification certification for ISPO2 Sustainability Report 1 - Roundtable on Sustainable Palm Oil 3 – Palm Oil Innovation Group 2 – Indonesian Sustainable Palm Oil © 2020 Musim Mas Holdings Pte. Ltd. 8 RSPO Principles & Criteria (2018) Behave ethically and transparently Protect, conserve & Operate enhance legally & ecosystems & respect the environment rights Optimise Respect productivity, worker’s rights efficiency, and conditions positive impacts & resilience Respect Support community and smallholder human rights inclusion and deliver benefits © 2020 Musim Mas Holdings Pte. Ltd. 9 Palm Oil Innovation Group (POIG) • We joined POIG on 16 November 2015. • Other POIG members include sustainability leaders such as Agropalma and Daabon, Danone and Ferrero, as well as NGOs such as Forest Peoples Programme, Greenpeace, Rainforest Action Network and WWF. • Members are committed to the POIG Charter: - Support the RSPO and innovate on RSPO existing standards and other critical issues. - Focus on environmental responsibility, communities, and corporate and product integrity. - Create innovations in the palm oil industry and promote these innovations. - Break the link between palm oil and deforestation, and human, land and labour rights violations. © 2020 Musim Mas Holdings Pte. Ltd. 10 Environmental Initiatives © 2020 Musim Mas Holdings Pte. Ltd. 11 Reduce Greenhouse Gas Emissions Within own operations Estate Mill • No development on primary • Use biomass as energy feedstock forest, HCV and HCS forest • Capture methane gas from mill • No new development on peatland effluent (all mills) • Zero burning • Net positive energy balance • Trucks powered by biofuel Processing Refinery Plants • Use biomass as energy feedstock • Use biomass as energy feedstock • Some of the processing plants are 100% powered by biomass © 2020 Musim Mas Holdings Pte. Ltd. 12 Our Mill Feature : Zero Discharge Mill Solid Liquid Gaseous • Solid waste • Liquid waste being • Methane converted into treated and recycled captured as fuel and fertilizer to field as biogas and fertilizer/irrigation. turned into electricity Zero waste Discharge © 2020 Musim Mas Holdings Pte. Ltd. 13 Research Collaboration with Universities • Biodiversity management in oil palm - Princeton University, USA ( Biodiversity Research Project ) • Social impact and management in oil palm - Helsinki University, UNRI, IPB • High conservation values management in oil palm - Oxford University, UK • Minimising social environmental impacts - Collaboration with ETH Zurich © 2020 Musim Mas Holdings Pte. Ltd. 14 Social Initiatives © 2020 Musim Mas Holdings Pte. Ltd. 15 Indonesia Palm Oil Development for Smallholders Project Indonesia Palm Oil Development for Smallholders Project The only IFC Partner in Indonesia for Smallholders Improvement Project Enhancing sustainability through adopting Good Agricultural Practices Bettering livelihoods through increasing oil palm yields Improving access to markets through attaining certifications © 2020 Musim Mas Holdings Pte. Ltd. 16 Free primary education for all of the workers’ children © 2020 Musim Mas Holdings Pte. Ltd. 17 Tertiary Education Auditorium, Bogor Agricultural Multi-purpose building, Faculty of University, Bogor, West Java Province Economics, University of North Sumatra, Medan, North Sumatra Library, Tanri Abeng University (TAU) Musim Mas Professorship in Sustainability Program South Jakarta National University of Singapore, Singapore © 2020 Musim Mas Holdings Pte. Ltd. 18 Smallholder Initiatives (Voluntary) Smallholders Oil Palm Development Programs Village Oil Palm Development Program (Scheme Smallholders) (Village Development Program) Riau West Sumatra West Kalimantan Riau South Sumatra Central Kalimantan 1.762 971 762 6 Villages 1 Village 10 Villages Smallholders Smallholders Smallholders © 2020 Musim Mas Holdings Pte. Ltd. 19 Conclusion • The Group is committed to sustainability and to conduct its business in an environmentally appropriate, socially responsible and economically viable manner. • The Group believes that the Roundtable on Sustainable Palm Oil (RSPO) is the best way to push the sustainability agenda. It is also committed to ISPO. • Musim Mas will continue to engage stakeholders to incorporate their feedback into the sustainability strategy. © 2020 Musim Mas Holdings Pte. Ltd. 20 Thank You © 2020 Musim Mas Holdings Pte. Ltd. 21.