About 36 percent of the oil palm plantations that were located in Malaysia and owned by the IOI Corporation Berhad in 2023 were of prime age, while 33 percent were already past their prime. Oil palms reach maturity at around three years after planting, and reach their peak production age between the seventh and 18th years after planting. IOI's biggest income generates from the palm oil plantations, and the Malaysian company is one of the world's largest palm oil companies. Besides owning refineries in the US and the Netherlands, IOI also owns palm oil plantations in Indonesia, with Bumitama Gunajaya Agro as its associate company.
Oil palm hectarage owned by IOI Group that are located in Malaysia in 2023, by age
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IOI Group. (September 25, 2023). Oil palm hectarage owned by IOI Group that are located in Malaysia in 2023, by age [Graph]. In Statista. Retrieved November 19, 2024, from https://www.statista.com/statistics/1097997/ioi-group-oil-palm-plantations-in-malaysia-by-age/
IOI Group. "Oil palm hectarage owned by IOI Group that are located in Malaysia in 2023, by age." Chart. September 25, 2023. Statista. Accessed November 19, 2024. https://www.statista.com/statistics/1097997/ioi-group-oil-palm-plantations-in-malaysia-by-age/
IOI Group. (2023). Oil palm hectarage owned by IOI Group that are located in Malaysia in 2023, by age. Statista. Statista Inc.. Accessed: November 19, 2024. https://www.statista.com/statistics/1097997/ioi-group-oil-palm-plantations-in-malaysia-by-age/
IOI Group. "Oil Palm Hectarage Owned by Ioi Group That Are Located in Malaysia in 2023, by Age." Statista, Statista Inc., 25 Sep 2023, https://www.statista.com/statistics/1097997/ioi-group-oil-palm-plantations-in-malaysia-by-age/
IOI Group, Oil palm hectarage owned by IOI Group that are located in Malaysia in 2023, by age Statista, https://www.statista.com/statistics/1097997/ioi-group-oil-palm-plantations-in-malaysia-by-age/ (last visited November 19, 2024)
Oil palm hectarage owned by IOI Group that are located in Malaysia in 2023, by age [Graph], IOI Group, September 25, 2023. [Online]. Available: https://www.statista.com/statistics/1097997/ioi-group-oil-palm-plantations-in-malaysia-by-age/
