PT. Bakrie Sumatera Plantations Tbk. which is doing a JV collaboration with its business partner, ASD Costa Rica to establish PT. ASD-Bakrie Oil Palm Seed Indonesia (ASD-Bakrie) in order to develop the latest high quality palm varieties which are adapted to local conditions.
Formed in 2008, PT. ASD-Bakrie Oil Palm Seed Indonesia has been established to expand their production quantity until 20 million seeds per year. ASD-Bakrie is now principally engaged in research, plant breeding, seed production and processing sales and marketing of oil palm seed.
ASD-Bakrie promotes greater financial return and opportunity among partners by enabling them to develop, manage and maximize yields of their oil palm plantation.