Musim Mas

Musim Mas Holdings Pte. Ltd.

Industry	Agribusiness
Headquarters	Singapore
Founder	Anwar Karim
Key People	Mr Bachtiar Karim (Executive Chairman)
Employees	28,500
Website	www.musimmas.com

Headquartered in Singapore, Musim Mas Holdings (Musim Mas Group) operates globally across the palm oil business spectrum. The group owns one of the largest palm oil refinery networks in the world and is among the biggest players in the vegetable oil refining and soap manufacturing industries in Indonesia.^{^[1]} They also have a comprehensive network of tanks and bulk installations at major ports across Indonesia and other parts of the world.^{^[2]} The Group has operational presence in 13 countries across Asia-Pacific, Europe and the US, backed by a multi-national workforce of 28,500 employees. Musim Mas established its sales office in Brazil just last year. The company produces 600,000 tons of crude palm oil per year.^{^[3]}

Musim Mas is the first company in Indonesia to attain the Roundtable on Sustainable Palm Oil (RSPO) certification, with all of its 25,918 hectares of planted land.^{^[4]} They are also taking active steps to capture methane gas – a waste gas which is 34 times more potent than carbon dioxide – by installing methane capture facilities for all its mills.^{^[5]}^{^[6]}

Subsidiaries

Musim Mas merchandises and distributes its products via its marketing arm, Inter-Continental Oil and Fats Pte. Ltd. (ICOF).^{^[7]} Based in Singapore, ICOF serves all the major markets in the world, offering a comprehensive range of tropical oils and derivative products.^{^[8]}

Maschem B.V., a wholly owned subsidiary of the Musim Mas Group, will develop a state-of-the-art Ethoxylation Facility at the site of Dow Benelux B.V. in Terneuzen.^{^[9]} The Ethoxylation Facility is scheduled to be in production in early 2015. The state-of-the-art facility will produce surface active agents or more commonly known as surfactants based on alcohols, oils, esters, fatty acids and amines. The surfactants produced are used as raw materials in personal care products and detergents.

Management

Mr Bachtiar Karim (Executive Chairman)^{^[10]}

Milestone

1932

Nam Cheong Soap Factory was founded by Anwar Karim in Medan, North Sumatra.^{^[11]}

1970

Nam Cheong Soap Factory started its first palm oil refinery in Indonesia.

1972

PT Musim Mas was established in Tanjun Mulia, Medan, Indonesia.

1988

Musim Mas started its plantation in Rantau Prapat, North Sumatra.

1990

Musim Mas commissioned its first kernel crushing plant in Medan, Indonesia.

1991

Musim Mas commissioned its first palm oil mill in Rantau Prapat, North Sumatra, Indonesia.

1992

Musim Mas was the first to be awarded Indonesian Best Exporter Award (Primaniyarta Award). Musim Mas goes on to win this award multiple times.^{^[12]}

2002

Musim Mas started going global. Set up its first subsidiary office, Inter-Continental Oils and Fats (ICOF) Malaysia in Malaysia.

2003

Musim Mas started operations for its oleochemicals plant in Medan Industrial Area II (KIM II).

2004

PT Musim Mas joined the Roundtable on Sustainable Palm Oil (RSPO), and was also RSPO's first member from Indonesia. The Group’s President Director served on RSPO's first Executive Board.^{^[13]}^{^[14]}

2007

Musim Mas established its first office in Europe.

2008

Singapore is designated as global headquarters. ICOF America is established in the same year.

2010

Musim Mas initiated its entry into the bioenergy market.

2012

Musim Mas was the first major group to be certified for all of its plantations in Indonesia by the Roundtable on Sustainable Palm Oil (RSPO).^{^[15]}

2013

Musim Mas established its first office in Vietnam^{^[16]}. It also became the first company to receive the Indonesia Sustainable Palm Oil (ISPO) certification.

2014

Musim Mas released a new sustainability policy, indicating that their palm oil will be deforestation free.^{^[17]}^{^[18]}^{^[19]}^{^[20]}^{^[21]}^{^[22]}

2015

Musim Mas joins the Palm Oil Innovation Group (POIG), deemed as the 'gold standard' of the production of palm oil. Musim Mas' membership entry to the Palm Oil Innovation Group is seen in the industry as a stamp of validation for the company, as the founding members of the group include NGOs who have been vocal about the environmental impacts of palm oil. ^{^[23]}

Products

Biofuel, Bleaching Earth, Cooking Oil, Functional Products, Specialty Fat, Oleochemicals, Palm Wax, Personal Care and Vitamin E.

Funding

Musim Mas Professorship in Sustainability at the NUS Business School.^{^[24]}

PT Musim Mas adopt the Flying Squad^{^[25]}^{^[26]}, an initiation collaboration by World Wide Fund for Nature (WWF) on helping to reduce human-elephant conflict in Tesso Nilo National Park.^{^[27]}

Controversies

On 11 November 2014, Rainforest Action Network (RAN) published a report “The Last Place on Earth^{^[28]} – Exposing the threats to the Leuser Ecosystem – a global diversity hotspot deserving protection”, claimed that Musim Mas Group sourced from controversial plantation in Leuser Ecosystem – a rich and verdant expanse of intact tropical lowland rainforests, cloud draped mountains and steamy peatlands swamps. They also initiated a petition exercise to convince Musim Mas Group to break its ties to the destruction of the Leuser Ecosystem. In response to this, Musim Mas released a statement^{^[29]}^{^[30]} on 13 November 2014, saying that they will suspend sourcing from PT Pati Sari while actively engaging with them to have a better understanding of their supply base and find ways to exclude conflict palm oil without affecting small farmers. On 14 November 2014, they released a joint statement with PT Pati Sari^{^[31]}, stating that they will remain committed to sustainability and smallholders, and will work together to address this risk in their supply chain and engage RAN on how best to address the concerns. In Central Kalimantan, 188 hotspots on three concessions of Musim Mas were detected. ^[32]

External links

References

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