PT SMART Tbk. is an integrated palm-based consumer company under the umbrella of SINAR MAS GROUP, one of well established conglomerate in Indonesia.
The company owns and manages plantations, mills and refineries which manufactured branded and unbranded cooking oil, branded margarine and shortening. SMART's products are divided into three categories Retail, Industrial and Bulk. Retail products are designed for household consumption. Whereas industrial products are aimed at supplying noodle factories, confection factories, bakeries, fast food chains, hotels, hospitals, restaurants, and so forth. The latter category fetches the premium gross margin as customer requirements are tailor-made to specifications. The branded products cater not only for local but also for international consumption. Finally, bulk products are unbranded and unpacked goods targeted for mass consumption.
Whilst for our upstream operation, we implement an on-going plantation expansion program and concurrently replanting the old or less productive trees. The integrated structure within the company has ensured good quality and steady supply of raw material, CPO, for its product requirement at a competitive cost.
The company has embarked into an extensive research and development program both at refineries and at plantation areas to optimize the plantation output in order to cope with the growing demand of our products.
Indonesia¡¦s economic expansion and rising consumer demand are creating business opportunities for the company. Backed by its highly experienced management team over decades, established brand names and large oil palm plantations at Sumatra and Kalimantan, PT SMART Tbk., will continue to benefit from Indonesia¡¦s rising of disposable income and abundance supply of raw material.
To strengthen its position, PT SMART Tbk. entered into a strategic partnership and joint ventures such as with four prominent Japanese companies, PT Sinar Oleo Chemical International, in manufacturing downstream palm oil products such as oleo chemical, used in leading cosmetics and personal cares company. The company also has a joint venture with the Ayala Group of Philippines, PT Sinar Pure Foods International, in tuna canning operations.
Through an integration and pursuit of excellence in its major products and services, PT SMART Tbk. is destined to become the prominent edible palm-based consumer player in the global market.
P.T. SMART Tbk. has been embarking on a major management innovation program to create a high performance Olympic Culture. For this objective we wish to recruit dynamic, highly motivated and committed candidates for future leaders in our several business units.
FINANCE ANALYST ( FA ) Post Date: 18 Dec 08
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