About Us - PT Sinar Mas Agro Resources and Technology Tbk (PT SMART Tbk)

Who we are

PT Sinar Mas Agro Resources and Technology Tbk (PT SMART Tbk) is one of the world’s leading seed-to-shelf agribusinesses. We grow oil palms with farmers and produce food and fuel for today and for the future with sustainability at the heart of our operations.

For us, producing palm oil is part of a bigger purpose. It’s about cultivating every seed with care, embracing cutting-edge technology, and delivering quality products to empower people to live, thrive, and grow. Watch our corporate video to see how we make it happen.

PT SMART Tbk also known as SMART is a subsidiary of Golden Agri Resources (GAR), operating under the Sinar Mas Agribusiness and Food brand in Indonesia. SMART was founded in 1962 and listed on the Indonesia Stock Exchange in 1992.

The sheer scale and vertically integrated nature of our operations enable our team to ensure efficiency, quality and sustainability across our supply chain. Our operations are innovation-driven and sustainability led, to ensure that we remain a global leader in sustainable palm oil production and your partner of choice.

We are at forefront of agronomy and technology, thanks to our focus and investment in R&D. Our downstream refining and specialty product facilities manufacture high-quality products for the global agronomy, food, oleochemical, and bioenergy markets.

With great palm oil production comes great corporate social responsibility. 100 percent of our plantations have social and community development programmes in place.

The GAR Social and Environmental Policy (GSEP) is our roadmap to realising our twin objectives of sustainable growth and leading a sustainable palm oil industry.

SMART’s History

1962	Incorporated under the name of PT Maskapai Perkebunan Sumcama Padang Halaban.
1992	Listed its shares on the Indonesia Stock Exchange.
2002	Started to concentrate on the core business by divesting tea and banana plantations.
2005	Completed conversion of US$ 205 million shareholder’s loan into equity. 1-to-5 stock split. Became an active member of Roundtable on Sustainable Palm Oil (RSPO).
2008	Built a new refinery in South Kalimantan.
2011	Received first RSPO certification.
2012	Received first International Sustainability & Carbon Certification (ISCC) certification. Issued corporate bonds totalled Rp 1 trillion.
2014	Received first Indonesian Sustainable Palm Oil (ISPO) certification.
2015	Expanded oleochemical facilities in Belawan by 152,000 tonnes per annum. Completed 100% mapping of supply chain to mills or Traceability to the Mill.
2016	Operated a biodiesel plant in South Kalimantan with installed capacity of 1,000 tonnes per day.
2017	Launched high-yielding clonal planting materials – Eka 1 and Eka 2. Achieved 100% Traceability to the Plantation for all owned mills.
2019	Successfully produced low 3-MCPD⁴ oil.
2020	Issued corporate bonds totalled Rp 2.18 trillion.
2022	Net profit achieved highest record of Rp 5.5 trillion. Issued corporate bonds totalled Rp 2.5 trillion. Completed the expansion of biodiesel plant of 1,500 tonnes per day.
2025	Set a new record in net sales reaching almost Rp 87 trillion. Launched Dami Mas MTK, Indonesia’s first-drought-tolerant oil plam seed. Recognised at the Endress+Hauser Indonesia Sustainability Recognition Forum for our energy efficiency at refinery. Received the Subroto Award 2025 in the category of Bioenergy from the Ministry of Energy and Mineral Resources for the fourth time. Established SMART’s fifth Shelf-Registered Bond Programme and first Sukuk Ijarah Programme with total issuance of Rp 1 trillion.

Learn about what we do

As of 31 December 2024