IOI Corporation Berhad is a Malaysia‐based conglomerate principally engaged in the cultivation and processing of oil palm, the manufacture of oleochemicals and specialty fats, and property development. Established in 1969 as part of the IOI Group founded by the late Tan Sri Lee Shin Cheng, the company has grown to become one of the world’s leading producers of palm oil products and downstream derivatives. IOI’s operations span multiple business segments, with core activities encompassing plantation management, resource‐based manufacturing and real estate initiatives.
In its plantation division, IOI cultivates and harvests oil palm across extensive estates in Malaysia and Indonesia. The fresh fruit bunches (FFB) are processed at company‐owned mills to produce crude palm oil (CPO) and palm kernel, which are sold on both domestic and international markets. IOI places strong emphasis on sustainable agricultural practices and has implemented certification programs in line with global responsible palm oil standards.
The group’s resource‐based manufacturing arm converts palm‐derived feedstocks into a wide array of oleochemical products, including fatty acids, glycerine, soaps, detergents, personal care ingredients and biofuel feedstocks. These products serve customers in Europe, North America, Asia and other regions, supplying key inputs to the food, cosmetics, pharmaceutical and industrial sectors. IOI’s integrated model—from plantation to processing—supports cost efficiencies and quality control across its value chain.
In addition to its agribusiness and manufacturing operations, IOI Corporation develops residential, commercial and industrial properties in Malaysia. The company’s real estate projects are concentrated in the Klang Valley and Penang, featuring mixed‐use townships, condominiums and office complexes. Leadership is provided by Group Executive Chairman Dato’ Lee Yeow Chor, under whose guidance IOI continues to expand its footprint while maintaining a commitment to corporate governance, sustainability and stakeholder value.
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