PROFILE
Lee oil is a public limited liability company incorporated on September 24, 1965 under Malaysia law. Its corporate head office is at the company Gudan industrail Estate johor, Malaysia.
Lee Oil holds the Gudan Estate (a concession of 7,000 hectares) and the Salangor dural Estate (a concession of 6,000 hectares), both located in Malaysia
Lee Oil today consists of :
- Oil palm plantations of 9,537 hectares of which 9,412 are mature
- A palm oil mill with a capacity of 45 tonnes fresh fruit bunches/hour
- A refinery / fractionation plant with a capacity of 100 tonnes/day
- A palm kernel crushing plant with a capacity of 60M tonnes/day
Lee OIL employs about 2161 people: 414 are permanent staff and 1,747 are contract workers as at December 2011.
Lee Oil is a subsidiary of Siat s.a., a Belgian agro-industrial company specialized in industrial as well as smallholder plantations of tree crops, mainly oil palm and rubber, and allied processing industries such as palm oil mills, palm oil refining / fractionation, soap works and crumb rubber factories. Siat diversified its activities into cattle ranching. Siat has as its shareholders agronomists and economists with experience in the development of agro-industrial ventures in the tropics.
