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Triputra Agro and Aisin Takaoka Established Joint Venture Company to Produce Biocoke in Palm Oil Shell – Base



Doc. of TAPG for InfoSAWIT/PT Triputra Agro Persada Tbk., and Aisin Takaoka Co., Ltd, established joint venture company to produce biocoke from palm oil shell, Monday (24/6/2024).
Triputra Agro and Aisin Takaoka Established Joint Venture Company to Produce Biocoke in Palm Oil Shell – Base

InfoSAWIT, JAKARTA – Palm oil and wood plantation company, PT Triputra Agro Persada Tbk (TAPG) and Aisin Takaoka Co., Ltd, of Aisin Corporation that most of the shares belonged to Toyota Motor Corporation, cooperated to establish joint venture company to produce biocoke in palm oil shell – base in Indonesia. The collaboration reflected the commitment of the two to develop green energy to realize neutral carbon.

Biocoke in palm oil shell – base was the innovation results and developed by Aisin Takaoka and would be the first in the world. The technology would be about to produce alternative fuel for foundry industries that for all these years depended on coking coal. Taking advantages on palm oil shell as the material to produce biocoke would be the way for the two companies to encourage green energy utilization because biocoke would minimize carbon emission and waste, which become the main issue in foundry industries.

The joint venture company would be targeted to produce in the second semester of 2024 to fulfill biocoke needs globally.

Makoto Okuda, President of Aisin Takaoka said that biocoke from palm oil shell – base would be fully replacing coal utilization in foundry industries without reducing the quality of firing activity.

“Biocoke in palm oil shell – base would be developed to minimize carbon emission in the foundry industries which for all these years, became the main challenge in the industries, namely for us as the leader. And with Triputra Agro Persada, we would have the same policy to develop green energy to realize neutral carbon,” Okuda said, as in the official statement to InfoSAWIT, Tuesday (25/6/2024).

Triputra Agro Persada is chosen as the partner in the cooperation because it is one of biggest crude palm oil (CPO) producers in Indonesia. It has the same sustainability vision to be neutral carbon – company.

President Director of Triputra Agro Persada, Tjandra Karya Hermanto fully supported the establishment of joint venture company with Aisin Takaoka.

“We are very proud of having cooperation with Aisin Takaoka, as one leader in foundry industry. This would be the same with our sustainability commitment with the target, to be a neutral carbon – company in 2036,” Tjandra said.

Through the initiative "New Journey of TAPG Sustainability," Triputra Agro Persada conducted many sustainability efforts to realize its commitment to be a neutral carbon – company. In 2023, the company operated biogas power plant in palm oil liquid – base to minimize emission from the waste to supply power for its kernel crushing plants, and take advantages on renewable energy. The company consistently escalate the cover of high carbon stock and high conservation value areas. (T2)

 


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