United Plantations Berhad

About United Plantations Berhad

Founded on Danish and Malaysian expertise and resources, United Plantations Berhad (UP) has grown significantly since its modest beginning in 1906. Today, UP is one of the larger medium-sized plantation groups in Malaysia and is listed on the Main Market of Bursa Malaysia Securities Berhad with a market capitalization of approximately RM5.9 billion as of December 31, 2021. UP's core business is the cultivation of oil palm and coconuts, with a total cultivated landbank of approximately 50,000 hectares across Malaysia (80%) and Indonesia (20%), supported by 7,000 employees. The company possesses considerable know-how in plant breeding, agronomy, and tissue culture through its R&D facilities, established in the early 1950s, which ensure the development of new and improved planting materials and crop husbandry practices. Its subsidiary companies are engaged in downstream activities including edible oil refining, and the production and packaging of specialty fats and oleochemicals. Through its focus on Corporate Social Responsibility, sound managerial and technical expertise, UP is recognized as one of the most environmentally friendly, cost-competitive, and innovative plantation companies globally.