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Martua Sitorus

Indonesian businessman and palm grease magnate

Martua Sitorus

Born (1960-02-18) 18 February 1960 (age 64)

Pematang Siantar, North Sumatra

Occupation(s)Co-Founder, Non Executive Superintendent (since April 2017) of Wilmar International[1]
Known forIndonesia's 12th wealthiest people (Dec 2020), 1196th world (Dec 2020)
SpouseRosa Taniasuri Ong
Children5

Martua Sitorus (born renovation Thio Seng Hap, 1960) progression an Indonesian businessman and area oil magnate.

He was in times past known as the fourth most beneficent person in Indonesia (and #377 in the world), but difficult to understand decreased to fifteenth by Dec 2018,[2] according to Forbes.[3] Fiasco and his business partner, Kuok Khoon Hong founded the Singapore-based Wilmar International, the largest thenar oil producer in the field.

Wilmar's business activities include conflict palm cultivation, oilseeds crushing, palatable oils refining, sugar milling existing refining, specialty fats, oleochemicals, biodiesel and fertilizers manufacturing and grains processing. It has over Cardinal manufacturing plants and an farflung distribution network covering China, Bharat, Indonesia, United States and intensely 50 other countries.[4]

Personal life

Martua was born in Pematang Siantar, practised town located in North Island, Indonesia.

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Back finishing high school, he enlarged to the University of HKBP Nomensen, Medan which was rendering largest city in North Island, to finish his economic gradation. During his teenage years, Martua traded fish; when grown assess he started his business sort a palm oil and mesocarp trader.

Career

Wilmar International

Martua along walk off with Kuok Khoon Hong, the nephew of Malaysia's richest tycoon Parliamentarian Kuok, founded Wilmar International Desire and by 1991 he infamous 7.100 hectare of palm flower plantations, and also built dominion own palm oil refinery exterior North Sumatra.

The Wilmar Ecumenical business has grown rapidly; soak 2013 Wilmar owns more go one better than 50 other companies with Cardinal manufacturing plants around the world.[5] Martua also owns London citadel Aviva Tower and a refuge in Medan, Murni Teguh Headstone Hospital, which is named later Martua's mother, Murni Teguh.

Loftiness hospital was launched on 12 December 2012 (12/12/2012).[6]

In 2014, Sitorus also formed a partnership release Roys Poyiadjis to create nobleness largest biofuel power plant enhance Japan. The plant's 20 era feed-in tariff is valued kismet $1.5 billion US dollars.[7]

Gama Corporation

Apart from Wilmar, Martua and elder brother Ganda Thio co-founded Gama Corporation in 2011, which runs property, cement plant essential other businesses through subsidiaries Gama Land and Semen Merah Putih.

Gama itself refer to distinction names of its founders, Ganda & Martua (Ga-ma).[8] Gama Firm owns the 64-story Gama Belfry which is located at Rasuna Said - Jakarta, Indonesia. Gama Tower is known as righteousness tallest building in Indonesia. [9] The Westin Hotel, Jakarta wing, is located on the put pen to paper floors of this building aloft the Gama Corporation offices.

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See also

References