{"id":12677,"date":"2026-05-11T15:04:32","date_gmt":"2026-05-11T15:04:32","guid":{"rendered":"https:\/\/www.europesays.com\/korea\/12677\/"},"modified":"2026-05-11T15:04:32","modified_gmt":"2026-05-11T15:04:32","slug":"posco-secures-control-of-sampoerna-agro-in-krw-1-3t-deal","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/korea\/12677\/","title":{"rendered":"POSCO Secures Control of Sampoerna Agro in KRW 1.3T Deal"},"content":{"rendered":"\n

POSCO Holdings, Inc.\u2019s PKX unit POSCO International has taken a significant step in its\u00a0agro-business by\u00a0establishing\u00a0a fully integrated palm oil value chain, spanning from palm seed development to the production of refined palm oil used as a biofuel feedstock.\u00a0On\u00a0Nov. 19, the company gained management control of\u00a0Sampoerna\u00a0Agro, a leading Indonesia-listed palm plantation operator. This move involved an investment of\u00a0approximately KRW\u00a01.3 trillion, making POSCO International the company\u2019s largest shareholder.<\/p>\n

PKX Broadens Global Palm Plantation Footprint <\/p>\n

POSCO expanded its plantation footprint\u00a0with the acquisition of\u00a0Sampoerna\u00a0Agro\u00a0by an\u00a0additional\u00a0128,000 hectares,\u00a0an area more than twice the size of Seoul. This increases the company\u2019s total global palm plantation area to\u00a0roughly 150,000\u00a0hectares, including its established operations in Papua, Indonesia.\u00a0The newly added plantations are already fully mature and producing fruit, enabling POSCO to secure immediate and stable profit generation without the long waiting period typically required for new palm trees to reach harvest age.<\/p>\n

Sampoerna\u00a0Agro\u00a0also brings strong upstream capabilities. The company\u00a0operates\u00a0its own palm-seed subsidiary and research institute, together accounting for the second-largest share of Indonesia\u2019s\u00a0palm-seed\u00a0development market.<\/p>\n

POSCO also marked the launch of a new palm oil refinery in East Kalimantan, Indonesia, developed through its joint venture with GS Caltex under PT ARC (AGPA Refinery Complex). POSCO owns 60% of the venture,\u00a0which involves\u00a0an investment of\u00a0$210 million. The refinery is designed with an annual processing capacity of 500,000 tons, a scale comparable to\u00a0nearly 80%\u00a0of South Korea\u2019s yearly refined palm oil imports.<\/p>\n

This end-to-end integration\u00a0from seed development to refining\u00a0establishes POSCO as a fully integrated palm oil operator. This strengthens its competitiveness and supports national food security by lowering Korea\u2019s reliance on imported palm oil.\u00a0Producing refined palm oil for biodiesel aligns with POSCO\u2019s long-term growth strategy under its \u201cTwo Core + New Engine\u201d roadmap.<\/p>\n

Shares of PKX are down 3.1% year to date against its\u00a0industry\u2019s rise of 10.3%<\/p>\n

\"Zacks Zacks Investment Research <\/p>\n

Image Source: Zacks Investment Research<\/p>\n

PKX Zacks Rank and Key Picks <\/p>\n

PKX\u00a0currently carries a Zacks Rank of #4\u00a0(Sell).<\/p>\n

Some better-ranked stocks in the Basic Materials space are\u00a0Equinox Gold Corp.\u00a0EQX,\u00a0Glencore Plc.\u00a0GLNCY\u00a0and\u00a0CSW Industrials, Inc.\u00a0CSW, carrying a Zacks Rank #2 (Buy). You can see\u00a0the complete list of today\u2019s Zacks #1(Strong Buy) Rank here.<\/p>\n","protected":false},"excerpt":{"rendered":"POSCO Holdings, Inc.\u2019s PKX unit POSCO International has taken a significant step in its\u00a0agro-business by\u00a0establishing\u00a0a fully integrated palm…\n","protected":false},"author":2,"featured_media":942,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[380],"tags":[1001,6364,442,465,5322,9420,998],"class_list":{"0":"post-12677","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-posco","8":"tag-consensus-estimate","9":"tag-palm-oil","10":"tag-posco","11":"tag-posco-international","12":"tag-sampoerna-agro","13":"tag-seed-development","14":"tag-zacks-investment-research"},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/posts\/12677","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/comments?post=12677"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/posts\/12677\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/media\/942"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/media?parent=12677"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/categories?post=12677"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/tags?post=12677"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}