What United Plantations does

United Plantations Berhad is a Malaysian oil palm plantation company founded in 1906 and headquartered in Teluk Intan, Malaysia. It is publicly listed on Bursa Malaysia under ticker UPEN (KLSE: UTDPLT) and operates as an upstream-to-midstream palm oil producer, generating revenue from the cultivation of oil palm estates and the milling and sale of crude palm oil and related products. The firm employs between 5,001 and 10,000 people, indicative of sizable estate, milling, and supporting operations consistent with one of the larger incumbents in the Malaysian plantation sector.

The company's revenue model is commodity-linked, with realized prices benchmarked against Malaysian CPO reference prices and volumes driven by planted hectarage, yield per hectare, and milling throughput. Per the provided financial data, top-line revenue expanded across FY2021-FY2025, with EBITDA margins sustained in a high-30s to mid-40s percent range and operating income growing in parallel, suggesting both volume scaling and favorable price realization during the period. Capital structure reflects a publicly traded Malaysian public limited company ("Berhad") with no disclosed parent entity.

Customer and end-market detail is not present in the source data, but the operating profile is consistent with sales into a diversified base of refiners, oleochemical processors, food manufacturers, and biodiesel producers. There is no disclosed AI/ML, technology platform, or product roadmap data in the input, and the leadership dataset in the source is limited to a founder reference (Aage Westenholz). Overall, United Plantations is best characterized as a century-old, publicly listed Malaysian upstream palm oil operator with stable cash generation and modest, price-sensitive top-line growth.

Name

United Plantations

Legal name

United Plantations Berhad

Website

https://unitedplantations.com

Company type

Public

Founded year

1906

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

United Plantations Berhad is a publicly listed Malaysian oil palm plantation company founded in 1906, operating upstream estates and milling to produce crude palm oil for sale to refiners, oleochemical buyers, and biodiesel producers.

Ownership category

akta.pro rank

Product category

Palm Oil Production

NAICS

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

Industrial Oil & Wax Crop Farming (Castor, Jojoba, Oil Palm for industrial uses) (AFAGAGAL), Commodity Edible Vegetable Oils (Refined/Bleached/Deodorized) (AFAJALAA)

Keywords

• Oil palm plantation
• Palm oil production
• Crude palm oil
• Plantation agriculture
• Edible oils manufacturing

Headquarters

HQ city

Teluk Intan

HQ country

Malaysia

HQ region

Asia

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Infrastructure

Core offering

United Plantations Berhad is an oil palm plantation company that cultivates oil palm and produces crude palm oil and palm kernel products. The company operates plantations in Malaysia and sells palm-derived products to industrial buyers in the edible oils, oleochemical, and food processing sectors.

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 oil palm plantations in Malaysia, sold to refineries, oleochemical producers, and food processors for further processing.
• Palm Kernel Products Palm kernel and palm kernel oil derived from the milling of fresh fruit bunches, sold to industrial processors for use in oleochemicals, food, and feed applications.

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Recent moves3 records

Expansion highlights3 records

Broad incumbents

• Wilmar International: Asia's largest agribusiness group, heavily involved in palm oil and edible oils refining. Overlaps with United Plantations in palm oil refining and merchandising, but operates at much larger scale and broader scope.
• Cargill: Global agribusiness giant with palm oil sourcing, trading, and processing operations. Overlaps with United Plantations in palm oil supply chains and refining, though operates across a much broader portfolio of agricultural commodities.

Direct peers

• First Resources Limited: Singapore-listed palm oil producer with Indonesian plantations. Directly comparable in integrated plantation-to-refinery model, though geographically focused on Indonesia rather than Malaysia.
• IOI Corporation Berhad: Malaysian integrated palm oil producer with plantation, milling, and refining operations. Closely comparable in scale, vertical integration, and end-market focus to United Plantations.
• PPB Group Berhad: Malaysian conglomerate with significant agricultural/palm oil operations through Wilmar stake. Has comparable Malaysian plantation exposure and is publicly listed on Bursa Malaysia.
• Golden Agri-Resources: Indonesia-headquartered palm oil plantation company with integrated operations. Comparable in business model as a major producer, though operating across more geographies including Indonesia.
• Musim Mas Group: Indonesia-based integrated palm oil company with plantations, mills, and refineries. Comparable in vertical integration and product portfolio, though privately held and Indonesia-focused.
• Sime Darby Plantation Berhad: One of the world's largest palm oil plantation companies, listed in Malaysia. Directly comparable to United Plantations across upstream plantations, milling, and downstream refining, with similar Malaysian operating base and customer base.
• Felda Global Ventures (FGV): Malaysian palm oil producer with large plantation holdings, partially government-linked. Comparable in upstream plantation focus and Malaysian operating base, though structured differently.
• Kuala Lumpur Kepong Berhad (KLK): Malaysian plantation and oleochemicals company with significant palm oil operations. Comparable in plantation ownership, refining capacity, and downstream diversification strategy.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights5 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about United Plantations