About SIPEF
SIPEF is a Belgian agribusiness group listed on Euronext Brussels. It specialises in the production of sustainable, high quality and traceable palm products and bananas. In Indonesia and Papua New Guinea, the Group produces palm products including fresh fruit bunches (FFB), crude palm oil (CPO), palm kernels (PK), and crude palm kernel oil (CPKO). SIPEF’s banana operations are located in Côte d’Ivoire. The Group is in the final stages of phasing out its operations in tea.
In 2024, SIPEF had 24,204 employees across five countries. The majority are employed or contracted through the Group’s subsidiaries in Indonesia, Papua New Guinea, and Côte d’Ivoire.
SIPEF manages a total of 86,757 hectares of own production area. In 2024, its total revenue was KUSD 443 810.
SIPEF through the years
Société Internationale de Plantations et de Finance (SIPEF) was incorporated in 1919 with the primary objective of promoting and managing plantation companies in tropical regions. At its inception, the company operated through two agencies: one in Kuala Lumpur, Malaysia, and the other in Medan, Indonesia.
Our sustainable approach
At SIPEF, we set the standard for responsible tropical agriculture, demonstrating that nature, communities, and ecosystems can thrive alongside commercial success to achieve truly sustainable long-term growth. By placing sustainability at the core of our business model, we ensure a positive contribution to the communities and economies in which we operate.