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SMART turns 55

Posted: Feb 06, 2017 2 minute read Wulan Suling 4122 views

This is a very special year for PT SMART Tbk (SMART) as we mark 55 years as an agri-business.

SMART started out in June 18, 1962 under the name of PT Maskapai Perkebunan Sumcama Padang Halaban. In those early years, we also ran tea and banana plantations. It was only in 2002 that we decided to focus solely on palm oil and sold off our other plantations.

Looking back, we’ve come a long way from a company with only around 7,000 hectares of plantation area in the 1960s. Today we manage nearly 140,000 hectares of palm oil plantations including plasma smallholders’ estates. We also operate 16 mills, four kernel crushing plants and four refineries across Indonesia. SMART has been listed on the Jakarta Stock Exchange since 1992.

Eka Tjipta Widjaja founding father of Sinar Mas
Eka Tjipta Widjaja founding father of Sinar Mas

Making people’s lives better

As a one of the biggest palm oil companies in Indonesia, SMART has a profound impact in the areas where we operate. One of the clearest examples is the number of jobs the company has generated over the years. Just 25 years ago we had around 7,000 employees; today we provide jobs for over 51,000 people in Indonesia – a seven-fold increase.

SMART has also been a part of positive change for many people in rural areas. We helped to raise the standard of living not just through job opportunities, but through provision of essential healthcare, public infrastructure, promoting small and micro enterprises that helped communities and crucially providing education for the next generation.

Setting new standards in productivity

Over the years SMART has been continuously improving and achieving new production and quality standards. With R&D by SMART Research Institute, our estates are developed using the latest techniques and high-yielding seeds, all part of our focus on sustainable growth. In 2012, we achieved a record-setting production of Crude Palm Oil of 765, 000 tonnes. Our average yield today is around 4.9 tonnes per hectare, higher than the national average.

In 2002, we received ISO 9001 certification for quality management of mills and a year later we achieved ISO 14001 certification for environmental management. SMART was one of the early adopters of sustainable palm oil production standards and joined the Roundtable for Sustainable Palm Oil (RSPO) in 2005.

We’re not just expert at growing palm oil, for over 25 years we’ve also been producing refined products that are sold in bulk for industrial use. SMART’s products are a part of everyday life and you can buy our consumer products such as well-known brands of cooking oil, Filma and Kunci Mas in any supermarket in Indonesia.

Our People – a key ingredient for success

The development of SMART into a major palm oil company in Indonesia could not have been accomplished without the contributions of the people who work at SMART. It is this crucial resource that will help the company continue to weather changes and respond to new challenges.

Our people are key to our success
Our people are key to our success

Throughout 2017, we’ll be featuring more stories about our achievements and the people who have made the company what we are today. Join us as we celebrate SMART’s 55th birthday.

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