First Resources
- Company typePublic
- Founded2026
- HeadquartersHatboro, United States
- Headcount11–50
- GTM typeB2B
- OfferingHardware or Manufacturing
First Resources firmographics
Firmographics- Name
- First Resources
- Legal name
- First Resources Ltd.
- Website
- https://1resource.com
- Company type
- Public
- Founded year
- 2026
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Ownership category
- akta.pro rank
First Resources industry classification
Industry- Product category
- Palm Oil Production
- NAICS
- Starch and Vegetable Fats and Oils Manufacturing (31122), Fats and Oils Refining and Blending (311225)
- SIC
- Fats & Oils (2070)
- akta.pro primary industry
- Palm Oil Milling, Refining & Fractionation (AFAKAEAB)
- akta.pro secondary industries
- Tropical Oils & Fractions (Palm, Palm Kernel, Coconut) (AFAJALAD), Edible Oils & Fats Trading/Wholesale (AFAIAKAC), Industrial Oil & Wax Crop Farming (Castor, Jojoba, Oil Palm for industrial uses) (AFAGAGAL)
Keywords
Where First Resources is headquartered
LocationHeadquarters
- HQ city
- Hatboro
- HQ country
- United States
- HQ region
- North America
Offices2 records
Markets served
First Resources business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Operations, Personnel, Others
Revenue model
- Palm Oil Production and Sales: Revenue generated from the sale of fresh fruit bunches (FFB), crude palm oil (CPO), and refined palm oil products. Sales increased 70.4% year-on-year to US$477.2 million in Q1 2026, driven by stronger production output, increased purchases of FFB and palm oil products.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Pay-as-you-go | Commodity pricing based on market rates |
Go-to-market motion1 record
Distribution channels1 record
Marketing channels1 record
First Resources product offering
Product offeringCore offering
First Resources Ltd. operates vertically integrated palm oil operations, running plantations in Indonesia that produce fresh fruit bunches (FFB) processed into crude palm oil (CPO), palm kernel oil, and refined palm oil products. These commodity products are sold to global industrial buyers in food manufacturing, biofuel, and oleochemical sectors.
Product overview
First Resources Ltd is a Singapore-listed palm oil producer operating plantations in Indonesia and refining palm oil products for global markets. The company focuses on upstream plantation operations and downstream palm oil processing, with revenue derived from sales of crude palm oil (CPO), palm kernel oil, and related products. Key demand drivers include Indonesia's national biodiesel programme and biofuel applications tied to energy prices.
Differentiator
Problem solved
Functional benefit
Products and services
- Crude Palm Oil (CPO) Crude palm oil extracted from fresh fruit bunches harvested at the company's Indonesian plantations; sold to global industrial buyers for use in food manufacturing, biofuel, and oleochemical applications.
- Palm Kernel Oil Palm kernel oil derived as a related product from the palm oil milling process; sold alongside CPO to industrial buyers for downstream food and oleochemical uses.
- Refined Palm Oil Products Downstream refined palm oil products produced from CPO at the company's Indonesian refineries; sold to global buyers for food and industrial applications.
- Fresh Fruit Bunches (FFB) Fresh fruit bunches harvested from Indonesian plantations, both consumed internally as feedstock for milling and purchased from third parties for processing into CPO.
Quantifiable outcome
- 53.1% year-on-year net profit growth in Q1 2026
- +1 more outcomes
Companies that use First Resources
Customer profileSegments1 record
Ideal customer profiles1 record
First Resources technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
First Resources partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Austindo Nusantara JayacoreFirst Resources completed the acquisition of Austindo Nusantara Jaya, contributing to expanded production capacity and plantation holdings in Indonesia. This acquisition strengthened the company's upstream operations.
Scale indicators3 records
Recent moves4 records
Expansion highlights3 records
First Resources competitors and assessment
Company assessmentDirect peers
- Golden Agri-Resources: One of the world's largest vertically integrated palm oil producers with Indonesian plantations and global distribution, closely matching First Resources' upstream-to-downstream model and target customer segments.
- IOI Corporation: Malaysian integrated palm oil producer with plantation ownership and downstream oleochemical operations, comparable in business model and customer base.
- Wilmar International: Asia's leading agribusiness group with major palm oil plantations, refining, and merchandising operations, directly comparable in scale, vertical integration, and downstream customer base.
- Felda Global Ventures (FGV): Malaysian-listed palm oil producer with upstream plantation assets and downstream refining, serving similar global food, biodiesel, and oleochemical customers.
- Musim Mas: Privately held Indonesian-Singaporean integrated palm oil group with plantations, refineries, and oleochemical plants, directly comparable in operating geography and value chain positioning.
- Kuala Lumpur Kepong: Malaysian-based plantation group with significant palm oil operations and downstream manufacturing, a direct competitor in regional CPO supply.
- Sime Darby Plantation: Major Malaysian-listed palm oil producer with integrated plantation and refining operations, competing directly with First Resources in global edible oil and biodiesel supply.
Broad incumbents
- Cargill: One of the largest privately held global agribusinesses, with significant palm oil origination and trading operations that overlap with First Resources' customer base.
- Bunge Limited: Global agribusiness major with broad oilseed processing and trading operations; overlaps with First Resources in the global vegetable oils value chain but is not a palm-specialist.
- Archer Daniels Midland (ADM): Global agricultural processor and food ingredient provider; competes with First Resources in vegetable oils and biofuel feedstock supply, though not a palm-specialist.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks4 records
Key highlights6 records
Customer concentration
First Resources financial estimates
Financial estimateRevenue estimate
Valuation estimate
First Resources leadership team
Management profileNumber of profiles
First Resources subsidiaries and ownership
Company hierarchySubsidiaries1 record
First Resources funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
First Resources M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about First Resources
What does First Resources do?
First Resources Ltd. operates vertically integrated palm oil operations, running plantations in Indonesia that produce fresh fruit bunches (FFB) processed into crude palm oil (CPO), palm kernel oil, and refined palm oil products. These commodity products are sold to global industrial buyers in food manufacturing, biofuel, and oleochemical sectors.
Is First Resources a public or private company?
First Resources is a public company. It is classified as public and is currently operating.
When was First Resources founded?
First Resources was founded in 2026. It employs 11 to 50 people.
Where is First Resources based?
First Resources is headquartered in Hatboro, United States, in the North America region.
How does First Resources make money?
One revenue line is on record: palm Oil Production and Sales.
Who are First Resources's main competitors?
Direct peers on record are Golden Agri-Resources, IOI Corporation, Wilmar International, Felda Global Ventures (FGV), Musim Mas, Kuala Lumpur Kepong and Sime Darby Plantation. Broad incumbents are Cargill, Bunge Limited and Archer Daniels Midland (ADM).
Does First Resources have an API?
No public API is recorded for First Resources.
What industry is First Resources in?
First Resources's product category is Palm Oil Production. Its primary akta.pro industry code is AFAKAEAB, Palm Oil Milling, Refining & Fractionation, with a secondary code of AFAJALAD, Tropical Oils & Fractions (Palm, Palm Kernel, Coconut). Its NAICS code is 31122 and its SIC code is 2070.