About 61 percent of the oil palm plantations that were located in Indonesia and owned by the IOI Corporation Berhad in 2021 were of prime age, while 30 percent were still immature. 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 was generated from its palm oil plantations. The Malaysian company is one of the world's largest palm oil companies. Beside 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 that are located in Indonesia and owned by IOI Group in 2021, by age
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IOI Group. (September 30, 2021). Oil palm hectarage that are located in Indonesia and owned by IOI Group in 2021, by age [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/1098591/ioi-group-oil-palm-plantations-in-indonesia-by-age/
IOI Group. "Oil palm hectarage that are located in Indonesia and owned by IOI Group in 2021, by age." Chart. September 30, 2021. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/1098591/ioi-group-oil-palm-plantations-in-indonesia-by-age/
IOI Group. (2021). Oil palm hectarage that are located in Indonesia and owned by IOI Group in 2021, by age. Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/1098591/ioi-group-oil-palm-plantations-in-indonesia-by-age/
IOI Group. "Oil Palm Hectarage That Are Located in Indonesia and Owned by Ioi Group in 2021, by Age." Statista, Statista Inc., 30 Sep 2021, https://www.statista.com/statistics/1098591/ioi-group-oil-palm-plantations-in-indonesia-by-age/
IOI Group, Oil palm hectarage that are located in Indonesia and owned by IOI Group in 2021, by age Statista, https://www.statista.com/statistics/1098591/ioi-group-oil-palm-plantations-in-indonesia-by-age/ (last visited December 22, 2024)
Oil palm hectarage that are located in Indonesia and owned by IOI Group in 2021, by age [Graph], IOI Group, September 30, 2021. [Online]. Available: https://www.statista.com/statistics/1098591/ioi-group-oil-palm-plantations-in-indonesia-by-age/