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Apical Group

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Apical Group
Private
ISIN🆔
IndustryPalm Oil
Founded 📆
Founder 👔
Headquarters 🏙️, ,
Area served 🗺️
Worldwide
Products 📟 Palm Oil
Members
Number of employees
🌐 Websitewww.apicalgroup.com
📇 Address
📞 telephone

Apical Group (also known as Apical) is a palm oil exporter engaged in sourcing, refining, merchandising distribution and trading of crude palm oil (CPO) and its derivatives.[1] It is headquartered in Singapore and has operations in Indonesia.[2] Incorporated in 2006, Apical is managed by RGE,[3][4][5] and is one of the largest palm oil exporters in Indonesia.[6]

Operations[edit]

Apical has operations in Java, Sumatra and Kalimantan in Indonesia,[7] Nanjing in China, and Huelva in Spain.[8][9] It also manufactures cooking oil and margarine products for the domestic market in Indonesia.[10]

The company acquired Spanish biodiesel company Bio-Oils in 2016 and Indonesia-based Kutai Refinery Nusantara in 2018.

In 2017, Apical entered into a joint-venture with Kao Corporation to establish Apical Kao Chemicals in Indonesia, which manufactures fatty acids products.[11] It also established two joint ventures with the Mujahid Group and the MM Group of Companies in Pakistan.[12]

The company founded a blockchain initiative SUSTAIN in 2018 alongside Neste, Kao Corporation, SAP and Asian Agri -- a first blockhain-traceability project in the palm oil industry.[13]

References[edit]

  1. "AAA Oils & Fats Pte. Ltd". RSPO.org. Retrieved 24 July 2020.
  2. "Asia cleans up commodities industry with transparent trading". Nikkei Asian Review. Retrieved 24 July 2020.
  3. "RGE invests US$200m in textile fibre innovation". Ecotextile News. Ecotextile News. Retrieved 24 July 2020.
  4. "Chinese Sateri develops viscose from textile waste at scale". The MDS. Retrieved 24 July 2020.
  5. "Apical". Apical Group. Retrieved 24 July 2020.
  6. "How Blockchain Can Help Reduce Deforestation". Innovation & Tech Today.
  7. "Top 100 Groups". GlobeAsia. Retrieved 24 July 2020.
  8. "Perusahaan Ini Dukung Penerapan B20". Republika. Retrieved 24 July 2020.
  9. "Apical". Apical. Retrieved 24 July 2020.
  10. "Apical Group Gelontorkan Lebih 7.000 Liter Minyak Goreng Murah". Sindo News. Retrieved 24 July 2020.
  11. "Kao and Apical Group Establish JV for Manufacturing Fatty Acids in Indonesia". Food Ingredients 1st. Retrieved 24 July 2020.
  12. "Indonesian Embassy and Apical Pakistan hosts Palm Oil Seminar". Biz Today. Retrieved 24 July 2020.
  13. "Palm Oil Alliance Initiates Blockchain Solution to Drive Sustainable Practices". Jakarta Globe. Retrieved 24 July 2020.

Proposed new page[edit]


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