Bakrie Sumatera Plantations
Bakrie Sumatera Plantations is an agricultural subsidiary of Bakrie Group headquartered in Jakarta, Indonesia. Bakrie Sumatera Plantations manages an estimated one hundred thousand hectares of rubber and palm oil plantations, a railroad for transporting rubber, and several land banks.
History
Bakrie Sumatera Plantations was founded in 1911 as N.V. Hollandsch Amerikaanse Plantage Maatschappij, opening its first rubber plantation in Kisaran. In the late 1910s, the company was acquired by United States Rubber Plantation Inc., Sumatra, a subsidiary of United States Rubber Company. In 1986 Bakrie Group acquired the company from USRC, renaming it to "PT Bakrie Sumatera Plantations" in 1990.In 1990, Bakrie Sumatera Plantations opened a palm oil plantation in Pasaman, and acquired another one in Bah Jambi from P.T. Agrowiana the next year. In 1992 Bakrie Sumatera Plantations began converting several of its rubber plantations into palm oil plantations due to palm oil's higher profitability and greater endurance of climate change. While the company's palm oil plantations do not make use of its railroad system, as of 2016, Bakrie Sumatera Plantations still used its railroad to transport rubber.