About Us - PT Sinar Mas Agro Resources and Technology Tbk (PT SMART Tbk)

Who we are

PT Sinar Mas Agro Resources and Technology Tbk (PT SMART Tbk) is one of the world’s leading seed-to-shelf agribusinesses. We grow oil palms with farmers and produce food and fuel for today and for the future with sustainability at the heart of our operations.

PT SMART Tbk also known as SMART is a subsidiary of Golden Agri Resources (GAR), operating under the Sinar Mas Agribusiness and Food brand in Indonesia. SMART was founded in 1962 and listed on the Indonesia Stock Exchange in 1992.

The sheer scale and vertically integrated nature of our operations enable our team to ensure efficiency, quality and sustainability across our supply chain. Our operations are innovation-driven and sustainability led, to ensure that we remain a global leader in sustainable palm oil production and your partner of choice.

We are at forefront of agronomy and technology, thanks to our focus and investment in R&D. Our downstream refining and specialty product facilities manufacture high-quality products for the global agronomy, food, oleochemical, and bioenergy markets.

With great palm oil production comes great corporate social responsibility. 100 percent of our plantations have social and community development programmes in place.

The GAR Social and Environmental Policy (GSEP) is our roadmap to realising our twin objectives of sustainable growth and leading a sustainable palm oil industry.

SMART’s History

1962	Incorporated under the name of PT Maskapai Perkebunan Sumcama Padang Halaban.
1992	Listed its shares on the Indonesia Stock Exchange.
2002	Started to concentrate on the core business by divesting tea and banana plantations.
2005	Completed conversion of US$ 205 million shareholder’s loan into equity. 1-to-5 stock split. Became an active member of Roundtable on Sustainable Palm Oil (RSPO).
2008	Refineries were accredited with ISO 22000 certification for food safety management. Building new refinery in South Kalimantan.
2011	Received first RSPO certification.
2012	Achieved record in CPO production of 765,000 tonnes. Received first International Sustainability & Carbon Certification (ISCC) certification. Issued corporate bonds totalled Rp 1 trillion.
2014	Received first Indonesian Sustainable Palm Oil (ISPO) certification.
2015	Expanded oleo-chemicals facilities in Belawan by 152,000 tonnes per annum.
2016	Operated the first biodiesel plant in South Kalimantan with installed capacity of 1,000 tonnes per day.
2017	Launched high-yielding new planting materials – Eka 1 and Eka 2. Achieved 100% Traceability to the Plantation for all owned mills.
2019	First low 3-MCPD plant is in operation in Surabaya
2020	Issued corporate bonds totaled Rp 2.18 trillion
2021	Set new record in net sales of Rp 57 trillion and net profit of Rp 2.8 trillion Issued corporate bonds totaled Rp 4.8 trillion Received the 12th IICD Corporate Governance Award 2021 for Most Improved category from Indonesian Institute for Corporate Directorship Awarded Indonesia Best CSR with Outstanding Program in Forest Conservation of Indonesia Corporate Social Responsibility Awards 2021 by Warta Ekonomi

Learn about what we do

As of 31 December 2021