ICOF MUSIM MAS

Musim Mas Group is one of the world's largest integrated palm oil companies, operating across 14 countries with a vertically integrated supply chain that spans cultivation, milling, refining, manufacturing, and downstream applications. Headquartered in Indonesia, the company traces its roots to 1932, when it was founded in Medan as the Nam Cheong Soap Factory. Over the following decades, it evolved into a major agribusiness conglomerate, entering the palm oil sector through strategic investments in refineries, plantations, kernel crushing plants, and palm oil mills between 1970 and 2004. Today, Musim Mas serves multiple industries worldwide with a broad portfolio of palm oil products and derivatives. Its core product categories include crude palm oil (CPO), palm kernel oil (PKO), specialty fats, oleochemicals, biodiesel, emulsifiers, and other functional ingredients. These products find application across food manufacturing, personal care, oleochemicals, and bioenergy sectors, making the company a critical upstream and midstream supplier to CPG brands globally. The company's vertically integrated model enables it to control quality, safety, and efficiency at every stage of the value chain, from oil palm cultivation through to refined and value-added end products. This integration positions Musim Mas as a reliable, high-volume supplier capable of meeting the complex sourcing requirements of large-scale manufacturers and branded CPG companies. Musim Mas has established a strong record in sustainability certification. In 2004, PT Musim Mas became the first Indonesian company to join the Roundtable on Sustainable Palm Oil (RSPO), with its chairman serving on the inaugural RSPO Executive Board. By 2012, the company became the first major oil palm group to achieve 100% RSPO certification across all plantations with mills. In 2019, it was the first palm oil major to receive verification from the Palm Oil Innovation Group (POIG). The company also operates Indonesia's largest independent smallholder development program run by a private company, providing training and resources to improve the productivity and sustainability practices of independent smallholder farmers, who represent over 40% of national oil palm production. With a global workforce and manufacturing assets including multiple palm oil mills, refineries, oleochemical facilities, and biodiesel plants, Musim Mas has the scale and infrastructure to serve as a strategic long-term supplier to CPG manufacturers across food, nutrition, personal care, and industrial sectors.