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This Palm Oil Plantation is Officially 111 Years Old



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This Palm Oil Plantation is Officially 111 Years Old

InfoSAWIT, JAKARTA – Palm oil plantation company which is operating for too long is PT Tolan Tiga Indonesia (PT Sipef). In the beginning the company was established in 1912 with the brand PT PP Sipef. It is now officially 111 years old.

As InfoSAWIT quoted from its June 2011 edition, the company is 100% foreign investment of Belgium. In the same year, PT PP Anglo Dutch Agency was established. The owner was a Netherland. But in 1945 it was joint to be PT PP Anglo Dutch.

In 1964, the Government of Indonesia took over the shares and substituted the name of the company to be PT PP Anglo. As time went by, PT PP Anglo pun substituted to be PT PP Anglo Sumatera. When PT PP Anglo Sumatera joined ke PT Sipef, the brand was substituted to be PT PP Sipef Anglo Sumatera.

In December 1971 the company substituted the brand to be PT PP Sipef Medan Indonesia. Seven years later in December 1978, the company got the new brand to be PT Tolan Tiga Indonesia which the main business is in plantations.

The company operates in Medan as group chairman but its headquarter is in Europe. The company has plantations and mills in District of Labuhan Batu Perlabian with the brand, PT Tolan Tiga Indonesia Kebun Perlabian.

Until now the plantations belonging to Sipef Group still operate and keep developing fast. PT Tolan Tiga Indonesia mentioned, the company manages three other groups, they are, Sipef Group that manages 5 companies, Jabelmalux Group that manages 4 companies, and Agramuko Group that manages 9 plantations.

At least, there have been 20 palm oil plantations, 6 rubber plantations, 1 tea plantations, 5 palm oil mills, 3 rubber factories, and 1 tea factory. Still from the company, at least it hires about 12 thousand men. (T2)

Source: InfoSAWIT, June 2011

 

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