Headquartered in Singapore, Musim Mas operates globally across the palm oil business spectrum with an operational presence in 13 countries across Asia-Pacific, Europe, North and South America. The group owns one of the largest palm oilrefinery networks in the world and is among the biggest players in the vegetable oil refining business. It also manufactures consumer goods in Indonesia, producing soap brands, and cooking oil brands such as Sunco. Musim Mas has a 37,000-strong workforce, supported by a comprehensive logistical network of chemical and costal tankers, barges, tugboats and bulk installations at major ports across Indonesia and other strategic parts of the world. Musim Mas is the first company in Indonesia to attain the Roundtable on Sustainable Palm Oil certification, and its Executive Chairman sat on RSPO's first executive board. The group launched a sustainability policy at end-2014, committing itself to the principles of no deforestation, respecting of human rights and social contribution to the lives of local peoples. Notably, Musim Mas is the only major southeast asian palm oil company to join the Palm Oil Innovation Group, which works to provide innovative solutions to the issues within the palm oil industry. They are also taking part in the fire-free alliance programme to work with local peoples to solve the issue to fire and haze which affects millions of people in the region annually. In 2015, Musim Mas collaborated with the International Finance Corporation - part of the World Bank Group, to help small farmers in Indonesia to improve their farming and alleviate sustainability issues linked to oil palm small farmers' productivity and farming patterns. Musim Mas Group is also taking active steps to reduce its Greenhouse Gas emissions by capturing methane gas – a waste gas which is 34 times more toxic than carbon dioxide –, and turning the gas into energy to power their mills and estates. The methane capture facilities are fitted for all of Musim Mas' mills.
Subsidiaries
Musim Mas merchandises and distributes its products via its marketing arm, Inter-Continental Oil and Fats Pte. Ltd.. Based in Singapore, ICOF serves all the major markets in the world, offering a comprehensive range of tropical oils and derivative products. Maschem B.V., a wholly owned subsidiary of the Musim Mas Group, has developed a state-of-the-art Ethoxylation Facility at the site of Dow Benelux B.V. in Terneuzen. The facility will produce surface active agents or more commonly known as surfactants based on alcohols, oils, esters, fatty acids and amines. The surfactants produced are used as raw materials in personal care products and detergents.
PT Musim Mas joined the Roundtable on Sustainable Palm Oil , and was also RSPO's first member from Indonesia. The Group’s President Director served on RSPO's first Executive Board.
2007
Musim Mas established its first office in Europe.
2008
Singapore is designated as global headquarters. ICOF America is established in the same year.
2009
PT Musim Mas attained RSPO certification, becoming the first plantation in Indonesia to do so. The Musim Mas Group started operations in Nellore, India, and Dongguan, China.
2010
Musim Mas initiated its entry into the bioenergy market.
2012
Musim Mas was the first major group to be certified for all of its plantations in Indonesia by the Roundtable on Sustainable Palm Oil.
2013
Musim Mas established its first office in Vietnam. It also became the first company to receive the Indonesia Sustainable Palm Oil certification.
2014
Musim Mas released a new sustainability policy, indicating that their palm oil will be deforestation free.
Musim Mas commissioned three biodiesel plants in Europe and first refinery in Tanjung Langsat, Malaysia.
2015
Musim Mas joins the Palm Oil Innovation Group, deemed as the 'gold standard' of the production of palm oil. Musim Mas' membership entry to the Palm Oil Innovation Group is seen in the industry as a stamp of validation for the company, as the founding members of the group include NGOs who have been vocal about the environmental impacts of palm oil.
Musim Mas Acquired a glycerin refinery in Groningen, The Netherlands.
2017
Musim Mas Group established a joint venture with Genting Plantations to set up a refinery in Lahad Datu, Malaysia. Sulfation plant in Barbastro, Spain has been acquired.
2019
Musim Mas Group became the first company in Southeast Asia to attain POIG verification and also first mill to be certified with RSPO P&C 2018 .
On 11 November 2014, Rainforest Action Network published a report “The Last Place on Earth – Exposing the threats to the Leuser Ecosystem – a global diversity hotspot deserving protection”, claimed that Musim Mas Group sourced from controversial plantation in Leuser Ecosystem – a rich and verdant expanse of intact tropical lowland rainforests, cloud draped mountains and steamy peatlands swamps. They also initiated a petition exercise to convince Musim Mas Group to break its ties to the destruction of the Leuser Ecosystem. In response to this, Musim Mas released a statement on 13 November 2014, saying that they will suspend sourcing from PT Pati Sari while actively engaging with them to have a better understanding of their supply base and find ways to exclude conflict palm oil without affecting small farmers. On 14 November 2014, they released a joint statement with PT Pati Sari, stating that they will remain committed to sustainability and smallholders, and will work together to address this risk in their supply chain and engage RAN on how best to address the concerns. In Central Kalimantan, 188 hotspots on three concessions of Musim Mas were detected.