IOI Corp Bhd - Company Profile
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IOI Corp Bhd (IOI) is a vertically integrated company that conducts plantation and resource-based manufacturing businesses. It involves in the cultivation of oil palm, including seed breeding, cultivation, and the extraction of crude oil from oil palm crops through milling operations. The company refines palm oil, and processes refined palm oil and palm kernel oil to produce oleochemicals, and specialty oils and fats products. Its products find applications in various industries, including food, personal care, pharmaceutical, chemicals, household, and cosmetic industries. The company has business presence in Asia-Pacific, Europe, the Americas, and Africa. IOI is headquartered in Putrajaya, Kuala Lumpur, Malaysia.
IOI Corp Bhd premium industry data and analytics
Products and Services
Products |
---|
Oleochemicals |
Specialty Oils and Fats |
Oil Palm |
XYZ |
XYZ |
XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
Year | Event | Description |
---|---|---|
2023 | Contracts/Agreements | In December, the company and UMW Industrial Power Services entered into an agreement to provide maintenance service for Jenbacher biogas engines at seven palm oil mills in Lahad Datu and Sandakan, Sabah, Malaysia. |
2023 | Contracts/Agreements | In April, the company through its Bunge Loders Croklaan JV with Bunge Ltd entered into an agreement with Fuji Oil New Orleans, LLC to acquire its refinery located in IMTT’s (International-Matex Tank Terminals) Avondale Terminal, Louisiana, the US. |
2022 | Corporate Awards | In November, the company received a Gold award under the equities category for the plantation sector at The Edge’s ESG Awards 2022. |
Competitor Comparison
Key Parameters | IOI Corp Bhd | Wilmar International Ltd | Golden Agri-Resources Ltd | Musim Mas Holdings Pte Ltd | Mewah International Inc |
---|---|---|---|---|---|
Headquarters | Malaysia | Singapore | Singapore | Singapore | Singapore |
City | Putrajaya | Singapore | Singapore | Singapore | Singapore |
State/Province | Kuala Lumpur (Federal Territory of) | - | - | - | - |
No. of Employees | 28,010 | 100,000 | 99,800 | 37,681 | 1,865 |
Entity Type | Public | Public | Public | Private | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
Name | Position | Board | Since | Age |
---|---|---|---|---|
Lee Yeow Chor | Director; Managing Director; Chief Executive Officer | Executive Board | 1996 | 56 |
Kong Kian Beng | Chief Financial Officer | Senior Management | 2021 | 46 |
Thomas Kummer | Chief Operating Officer - Germany, Oleochemical | Senior Management | 2016 | 54 |
Koo Ping Wui | Chief Operating Officer - Johor, Oleochemical | Senior Management | 2020 | 59 |
Tan Sri Peter Chin Fah Kui | Chairman | Non Executive Board | 2014 | 78 |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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