SIPEF NV
Sipef SA is a Belgium-based agro-industrial company. The core business of the company is to produce many different commodities, principally palm oil as well as rubber, tea, and bananas. The company operates through five segments namely Palm segment consisting palm kernels and palm kernel oil in Indonesia and Papua New Guinea; Rubber segment produces a variety of rubber products such as ribbed smoked sheets, scraps, and lumps; Tea segment includes the sale of cut, tear, curl (CTC) tea brand; Bananas and flowers segment includes the sale of bananas and flowers originating from Ivory Coast, and Corporate segment includes administrative activities of the company. The company operates in Indonesia, the Netherlands, Singapore, France, and other countries.