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What is First Resources: Growth & Valuation Insights about?

♦ Small but growing fast. First Resources (FR) is a small (by Indonesian standards) but efficient pure plantation company listed in Singapore. FRhas 113,010ha of landbank in Indonesia. It currently operates 8 palm oil mills with total capacity of 435t/hr, while it has also ventured downstream, via a 250,000 tonne capacity refinery and a 250,000 tonne capacity biodiesel plant. It is currently in the midst of constructing a 300,000 tonne fractionation plant within the same downstream manufacturing complex, w

Author

Rhb Invest

Language

EN