Category Archives: CP Indonesia

Charoen Pokphand (CPIN) encourages the development of closed house breeding systems

Charoen Pokphand Indonesia Tbk ( CPIN ) continues to improve the development of a close house chicken cage development system to improve efficiency in poultry products. At present, around 30% of the farms managed by CPIN and their partners have used the closed house breeding system. Charoen Pokphand President Director Thomas Effendy said that the […]

Charoen Pokphand scraps plan to acquire 7-Eleven

Retail operator Modern Internasional announced on Monday that the acquisition of 7-Eleven convenience stores by Charoen Pokphand Indonesia had been cancelled because both parties had not reached an agreement. “The deal was scrapped because related parties could not reach an agreement,” Modern Internasional director Chandra Wijaya said in a statement published on the Indonesia Stock […]

Charoen Pokphand says forced by govt to cull chicks

Charoen Pokphand Indonesia, which has been accused of colluding with 11 other companies to drive up the price of day old chicks by creating a shortage of supply, says the companies were in fact ordered by the government to cull chicks. Charoen Pokphand found itself on a list by the Business Competition Supervisory Commission (KPPU), […]

Charoen Pokphand looks to growth in second-tier cities

Poultry company Charoen Pokphand Indonesia director Eddy Dharmawan Mansjoer (from left to right), independent commissioner Suparman Sastrodimedjo, president director Tjiu Thomas Effendy, independent commissioner Herman Sugianto, director Ong Mei Sian and director Ferdiansyah Gunawan Tjoe chat after a press conference after the company’s shareholders meeting in Jakarta on Wednesday. Charoen Pokphand Indonesia has given out […]

Charoen Pokphand secures $500 million loans

Indonesia’s largest poultry company, PT Charoen Pokphand Indonesia (CPIN) signed a syndicated loans agreement — worth the equivalent of US$500 million — with 20 banks in Jakarta on Monday. The company, which is part of Thailand’s agro and food conglomerate Charoen Pokphand, said it would use the loans to refinance its debts and fund future […]

CP Prima to build new aquafeed plant

As one of the largest aquafeed producers in Indonesia, Central Proteinaprima (known by the abbreviation of CP Prima) a company of Charoen Pokphand Group continues to expand. Not long ago in Jakarta, president director of CP Prima, Mahar Sembiring Atanta revealed that the company is building a new aquafeed plant in Lampung province. “The construction […]