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Sinar Mas was founded by a Chinese Indonesian tycoon, Eka Tjipta Widjaja. Sinar Mas businesses operate in different sectors such as pulp & paper, real estate, financial services, agribusiness, telecommunications, and mining. The businesses are listed in the Indonesian and Singapore stock exchanges.
Asia Pulp & Paper was founded as Tjiwi Kimia by Eka Tjipta Widjaja who at the time was a refiner of coconut oil. In 1972 he started Pabrik Kertas Tjiwi Kimia along with Taiwanese investors with the purpose of making paper. [1]
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Perusahaan Perdagangan Indonesia (Indonesia Trading Company) is a nationalized company from several trading companies such as N.V. Borneo Sumatra Maatschappij (Borsumij), Internationale Crediet- en Handelsvereeniging "Rotterdam" (Internatio, one of the predecessors of Imtech), Lindeteves, and Geo Wehry.
Michael Widjaja is the CEO Sinar Mas Land Group as well as Vice President Director of PT Bumi Serpong Damai Tbk (BSDE). [1] [2] Before this, Widjaja worked for: EuroRev Inc, Los Angeles, 2003, PT Arara Abadi, Indonesia, 2003, Top Tier Trading, Los Angeles, 2005, Vice President Director of PT Duta Pertiwi Tbk, 2007- 2015, Vice President Commissioner of PT Dian Swastika Sentosa Tbk, 2009 - 2011 ...
Fuganto Widjaja (born 1980/1981) is an Indonesian billionaire businessman.. Fuganto Widjaja is the grandson of Eka Tjipta Widjaja, the founder of the Sinar Mas Group, an Indonesian palm oil and property conglomerate started before the Second World War.
In 2016 NGOs Greenpeace and WWF suspended partnership with APRIL Group after RAPP dug a canal through peat forest in breach of government regulation. [11] APRIL’s independent Stakeholder Advisory Committee accepted that the incident was the result of unintentional mistakes in interpreting and implementing government regulation.
In October 2015, Wilmar and Sinarmas, reportedly involved with the case of forest fires in Indonesia that led to the island of Sumatra and Kalimantan burn and cause catastrophic smog. [33] In 2018, a Greenpeace International report asserted that Wilmar International is "the biggest and dirtiest palm oil trader in the world". [34]