Sipef NV (0JSU)

Profile

https://www.sipef.com

Sipef NV is a Belgian agribusiness group specializing in the production of sustainable, high-quality, and traceable tropical agricultural commodities, primarily palm oil and bananas. Incorporated in 1919 as Société Internationale de Plantations et de Finance, it manages 86,757 hectares of own production area across Indonesia and Papua New Guinea for palm products—including fresh fruit bunches, crude palm oil, palm kernels, and crude palm kernel oil—and Côte d’Ivoire for bananas. The company employs 24,204 people across five countries and reported total revenue of KUSD 443,810 in 2024. Sipef NV emphasizes responsible tropical agriculture through its Balanced Growth Strategy, focusing on production efficiency, environmental stewardship, operational excellence, and respect for employees and communities. Notable features include 100% traceability of palm oil and banana products, 87% RSPO-certified palm oil with a plan for 100% by 2030, and phasing out tea operations. It also engages in rubber and horticulture segments, contributing to global supply chains for agro-industrial commodities while prioritizing regenerative practices, certifications, and smallholder partnerships. Headquartered in Schoten, Belgium, Sipef NV plays a key role in sustainable agribusiness, balancing commercial success with ecosystem preservation.