FELDA Holdings Berhad (FHB)
Our Diversified Associates
The World Around
Felda Holdings Bhd (FHB), our 49%-owned associate, is the largest producer of CPO in the world based on production volume, having produced 3.3 million MT of CPO in 2011.
FHB processes FFB into CPO and PK in its 70 palm oil mills in Malaysia, which have an aggregate annual capacity of approximately 20.4 million MT of FFB and are mostly located near the oil palm plantation estates on the FELDA-Leased and Managed Land. Further, FHB processes PK into PK Products, namely PKO and its by-product, PKE, in its four PK crushing plants.
FHB processes CPO, including CPO purchased from us, and PKO into bulk and consumer-packed oils and fats, such as RBD products, margarine, shortening, cooking oil, vegetable ghee and industrial fats. FHB operates five palm oil refineries in Malaysia, with a total capacity of approximately 2.5 million MT, as well as one refinery in Pakistan through its associate, MEO, and another refinery in China through its associate, Voray Holdings. FHB also produces oleochemicals through an associate, FPG, in Malaysia.
Manufacturing, Logistics & Others
FHB's manufacturing, logistics and others segment includes the production of rubber products from raw materials, including the cup lumps that we produce on our rubber plantations on the FELDA-Leased and Managed Land that F Rubber Industries, a subsidiary of FHB, purchases from us. In addition, FHB provides logistical services to support its own operations and provides products and services to third parties, including seedling and fertiliser production and R&D activities for our plantations business and sales, marketing and trading for our products. Further, FHB is engaged in cocoa product production, livestock operations and other activities, such as bulking, transportation and information technology.