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Apical Group Ltd (www.apicalgroup.com) is one of the largest exporters of palm oil in Indonesia. The Group operates four refineries, one biodiesel plant and a crushing plant in Indonesia and China. Our new refineries use state-of-the-art technologies, reflecting our commitment to developing world-leading facilities and products.
Apical is managed by RGE Pte Ltd (www.rgei.com), which also manages other world-class resource-based manufacturing companies, delivering quality end-products to businesses and millions of people around the world. While Apical was formed in 2006 to consolidate the downstream palm oil business of RGE, the downstream business activities actually started much earlier in 1989 with the acquisition of a 300 tons per day palm oil refinery in Tanjung Balai, Sumatra, by the Asian Agri group (www.asianagri.com). Today, Apical operates the Tanjung Balai refinery and partners Asian Agri for long-term and reliable CPO supplies.
Apical is managed by RGE Pte Ltd (www.rgei.com), which also manages other world-class resource-based manufacturing companies, delivering quality end-products to businesses and millions of people around the world. While Apical was formed in 2006 to consolidate the downstream palm oil business of RGE, the downstream business activities actually started much earlier in 1989 with the acquisition of a 300 tons per day palm oil refinery in Tanjung Balai, Sumatra, by the Asian Agri group (www.asianagri.com). Today, Apical operates the Tanjung Balai refinery and partners Asian Agri for long-term and reliable CPO supplies.
Overview
Location
Indonesia, Menteng
Employees
1001-5000
Phone
+60 3-2785 8888
Total raised
$750M
Founded date
2006
Funding Rounds 1
| Date | Series | Amount | Investors |
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Mentions in press and media 20
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| Jul 30, 2025 | Apical Advances EUDR Readiness Ahead of Full Regulatory Implementation | SINGAPORE – Media OutReach Newswire – 30 July 2025 – Apical has successfully implemented a robust management system to ensure full compliance with the European Union’s Deforestation Regulation (EUDR), which is set to take effect in December... |
| Nov 11, 2024 | Nestle, P&G investigate palm oil sourcing after green group's Indonesia deforestation report | JAKARTA: Consumer brands including Nestle and Procter & Gamble said they conducted investigations after an environmental group said palm oil sourced from an illegally cleared wildlife reserve in Indonesia may have found its way into the... |
| Jul 4, 2024 | Apical Doubles Palm Oil Refining Capacity in West Sumatra, Indonesia | PADANG, INDONESIA – Media OutReach Newswire – 4 July 2024 – Apical, a leading vegetable oil processor, held a groundbreaking ceremony today at its PT Padang Raya Cakrawala (PRC) facility to mark the construction of a new crude palm oil (CPO... |
| Mar 22, 2024 | Apical Invests US$1 Billion to Expand Palm Oil Downstream Products in Dumai, Riau | SINGAPORE, March 22, 2024 /PRNewswire/ -- Apical, a leading vegetable oils processor with an expanding global footprint, has announced that it has invested US$1 billion in Dumai, Riau to boost the production of its value-added products in I... |
| Jul 28, 2023 | Apical Celebrates World Milk Day by Empowering Farmers and Nurturing Communities | Spreading the goodness of milk with the distribution of over 24,000 milk cartons SINGAPORE, July 28, 2023 /PRNewswire/ -- As the world comes together to celebrate World Milk Day, Apical, a leading processor of vegetable oil is going to grea... |
| Apr 3, 2023 | Government of DKI Jakarta Together with Apical, Tanoto Foundation and T.CARE Launch Rumah Anak SIGAP | JAKARTA, Indonesia, April 3, 2023 /PRNewswire/ -- The Government of DKI Jakarta Province alongside Apical, Tanoto Foundation and T.CARE launched Rumah Anak SIGAP (SIGAP Children's Home), an early childhood center in Ciracas, East Jakarta. R... |
| Feb 10, 2023 | Apical, IDH sign partnership for the Sustainable Living Village Programme in Aceh Singkil | ACEH SINGKIL, Indonesia, Feb. 10, 2023 /PRNewswire/ -- Apical, a leading global vegetable oil processor with an expanding global footprint, together with non-profit organisation, IDH the Sustainable Trade Initiative (IDH), has officially si... |
| Feb 3, 2023 | RGE closes inaugural US$550 million Sustainability-Linked Derivative with MUFG | Sustainability-Linked Derivative (SLD) supports RGE’s strategy of pivoting its financing towards SLLs, a total of US$1.6 billion secured in 2022 Besides hedging the interest rate risk of its latest SLLs, the SLD shows RGE’s confidence in de... |
| Oct 14, 2022 | Apical tackles poverty by boosting culinary entrepreneurship amongst women in Indonesia | PANGKALAN KERINCI, Indonesia, Oct. 14, 2022 /PRNewswire/ -- Apical Group, a leading global vegetable oil processor, joined forces with the local government in Indonesia to tackle poverty and unemployment by conducting capacity building trai... |
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FAQ about Apical
When was Apical founded?
Apical was founded in 2006.
How much funding has Apical raised?
Apical has raised $750M in total across 1 funding round.
What has the press written about Apical?
Parsers VC has collected 20 articles mentioning Apical, among them “Apical Advances EUDR Readiness Ahead of Full Regulatory Implementation” (Jul 30, 2025) and “Nestle, P&G investigate palm oil sourcing after green group's Indonesia deforestation report” (Nov 11, 2024).
Is Apical still active?
Yes, Apical is active; its latest activity on Parsers VC dates from Dec 25, 2025.