Johor Plantations Group Berhad to Build an Integrated Sustainable Palm Oil Complex Powered by Renewable Energy

KUALA LUMPUR (Jan 26'24): Johor Plantations Group Bhd has inked a venture agreement with Fuji Oil Asia Pte Ltd, a subsidiary of Japan's Fuji Oil Group, to develop a specialty oils and fats refinery operating on renewable energy in the newly established company, JPG Fuji Sdn Bhd. This refinery will be located in Pasir Logok, Kota Tinggi.

JPG Plantation has 23 estates (22 in Johor & 1 in Pahang), 5 palm oil mills, 5 biogas plants, a biomethane processing plant and a palm fibre oil extraction plant.

Fuji Oil Group is a renowned global food ingredient manufacturer.


KUALA LUMPUR (Nov 18): Johor Plantations Group Bhd has appointed Johor Corporation (JCorp) affiliated company JL Projects Sdn Bhd as the project manager consortium (PMC) for the construction of its integrated sustainable palm oil complex (ISPOC).

The ISPOC is a large-scale facility that combines several stages of the palm oil production process in a single location. It comprises a palm oil mill for processing fresh fruit bunches (FFB) into crude palm oil (CPO), a specialty oils & fats refinery, a kernel crushing plant to produce palm kernel oil (PKO) – a first for JPG, a bio-energy power plant for sustainable energy generation, as well as an animal feedmill in a single location.

Palm oil mill byproducts, specifically biomass and biogas, to produce green energy will create new value within the circular economy, efficiently utilising resources which can minimise environmental impacts such as deforestation and biodiversity loss, leading to a potential reduction of greenhouse gas emissions.

Its a three-year contract sum represents 9.9% of the ISPOC’s estimated gross development cost to be RM313.04 million to RM500 million.

The refinery is expected to be completed by mid-2026.


KUALA LUMPUR (Dec 22):Johor Plantations Group Bhd (JPG) appointed Tg Langsat Development Sdn Bhd (TLD) as the main earthworks and infrastructure contractor for the Integrated Sustainable Palm Oil Complex (iSPOC) project in Johor with a contract value of RM39.04 million.

JPG is a Roundtable of Sustainable Palm Oil (RSPO)-certified producer since 2009.

Red palm oil is exported to the biodiesel industry at up to 90% of CPO price with a production capacity of 2,476 MT

Biomethane Sold to Gas Malaysia Green Ventures Sdn Bhd and injected into Gas Malaysia's National Gas Distribution System (NGDS); 250,000 MMBtu/year equivalent to 381,679 LPG Gas Cylinders Generating 38.1 million GWh of Energy and reducing 97,889 MT CO2eq GHG Emissions

Bio-CNG 350,000 MMBtu/year equivalent to 534,351 LPG Gas Cylinders Generating 51.7 million GWh of Energy and reducing 119,654 MT CO2eq GHG Emissions

Fuji Global Chocolate (M) Sdn. Bhd. Plot D32, Jalan DPB/6, Pelabuhan Tanjung Pelepas, 81550 Gelang Patah, Johor, Malaysia.

Driven by expectations of potentially weaker future production, crude palm oil (CPO) prices are anticipated to trend upward this week.

Palm oil trader David Ng (phonetic translation) stated that traders will closely monitor the flooding situation in Malaysia and the upcoming supply and demand report from the Malaysian Palm Oil Board (MPOB).

"Regarding the flooding, this will depend on weather patterns. However, the floods could support higher commodity prices, and we expect CPO prices to fluctuate between RM5,100 and RM5,250 per tonne," he said.

Over the past week, December CPO futures rose by RM98 to settle at RM5,336 per tonne, while January 2025 futures climbed RM117 to RM5,242 per tonne, and February futures increased by RM108 to RM5,128 per tonne.

Similarly, March CPO futures gained RM80 to RM4,983 per tonne, April futures rose by RM47 to RM4,819 per tonne, and May futures edged up RM22 to RM4,662 per tonne.

Total trading volume rose from 402,631 contracts in the previous week to 441,315 contracts, while open interest increased to 234,629 contracts compared to 227,559 contracts previously.

Meanwhile, the December South Malaysian price rose by RM80 to reach RM5,380 per tonne.