Royal Golden Eagle (RGE) was founded in 1973 by Sukanto Tanoto, who is also its chairman, and manages a global group of resource-based manufacturing companies with interests in paper, palm oil, plywood, construction and energy. The company currently employs over 50,000 people world-wide, and its assets are estimated to be valued at US$ 15 Billion. RGE manufacturing companies are based in Indonesia, China and Brazil, with sales offices world-wide.
While RGE was originally established as a plywood business, it has expanded various other sectors over the years to produce and distribute a diverse range of quality products. The following companies are involved in the subsequent business sectors.
Asia Pacific Resources International Holdings Limited (APRIL) and Asia Symbol – These companies both produce pulp and paper, together annually producing 4.3 million tons of pulp and 1.27 million tons of fine paper, generating work for over 90 000 people.
Asian Agri and Apical – Asian Agri produces crude palm oils and runs 160 000 hectares of palm plantation. Apicals’ operations include four refineries, and it is one of Indonesia’s largest exports of palm oil.
Bracell – Operates in Brazil and is one of the largest specialty cellulose producers in the world.
Pacific Oil and Gas – Focuses on developing and producing oil and gas in Indonesia. The company develops, builds, operates and owns competitively priced enterprises throughout the energy supply chain and is currently busy developing gas-fired power plants in China and coal-fired plants in Indonesia.
RGE business groups strive to be environmentally conscious and to operate on sustainable growth. RGE operations work on the company’s guiding philosophy of People, Planet, Profit, which means operations should be “good for the community, good for the country, good for the climate and good for the company.”