Management Message

Since ITOCHU Corporation participated in management of PT. Aneka Bumi Pratama(ABP) in 1996, we, ABP, have expanded our factory in Palembang and Jambi. With the development of information technology and higher environmental awareness, now we are standing at the edge of new era 2020s, which we need to adapt the rapid change of business environment. We have to evolve “Sustainability” not only of crumb rubber factory itself, but also of entire natural rubber supply-chain. Under such circumstances, ITOCHU Corporation launched Project TREE in 2018. Project TREE is an activity to expand Due diligence and Capacity building of Supply-chain in natural rubber industry based on the establishment of Traceability using Blockchain technology.

In Europe, EUDR (EU Deforestation-Free Products Regulation) has come into force. EUDR provisions will apply from 30 December 2024. EUDR is a regulation that prohibits the entry into or export from the EU market of products that do not meet legality and sustainability requirements. ABP will cooperate with ITOCHU to contribute to the expansion of EUDR-compliant natural rubber through Project TREE. In the future, Project TREE will be open to other companies in the same industry, aiming for the sustainability of the entire natural rubber industry.