Quality education is an important factor in the drive towards poverty alleviation and a better life. Education is one of the three thrusts of Tanoto Foundation as it aims to battle poverty. It has a multi-prong programme that involves empowering students, educators, institutions and infrastructure.
On August 8, 2016, Sateri confirmed orders for machineries to expand its Viscose Staple Fibre (VSF) production capacity by 1 million tonnes. This will position Sateri as the largest VSF producer in the world by 2020. The total investment in the expansion is expected to exceed RMB10 billion (USD1.5 billion).
Read more: Sateri confirms machinery orders to expand VSF capacity by 1 million tonnes
Apical Group, one of the world's largest palm oil exporters, made a strategic acquisition of Spain-based Bio-Oils on July 5, 2016. Apical Group now holds 67.7% stake, which is valued at USD 49 million.
When APRIL Group's Indonesia operations PT RAPP started operations in Pangkalan Kerinci in the early 1990s, it not only provided employment for thousands and contributed to improving the socio-cultural and economic vibrancy of the area, but created many opportunities for locals via partnerships.
A record 300 Tanoto scholars convened at the recent annual Tanoto Scholars Gathering in Pangkalan Kerinci. Officially opened by Tanoto Foundation board of trustees member Anderson Tanoto, this year's Tanoto Scholars Gathering, as with previous Gatherings, saw a series of seminars, activities and events that fostered character-building, team-bonding, and also greater awareness and sense of responsibility to the community, country and climate. These are aimed a fostering Indonesia's next generation of leaders.
Sukanto Tanoto is a visionary entrepreneur and philanthropist. He is the Founder and Chairman of Royal Golden Eagle (RGE), which manages a global group of companies in resources manufacturing. Tanoto is also the co-founder of Tanoto Foundation, a philanthropy that aims to improve lives by alleviating poverty.
