2011
Provident Biofuels is in Business
First Shipment and Commercial Agreement
In 2011, Provident had it's first shipment to Thailand and signed a long term supply agreement with Tuas Power
2012
First Shipment to Tuas Power
Tuas Power First Shipment
In 2012, Provident Biofuels delivers its first shipment for its first long term supply agreement to Tuas Power
2013
Growing our business to Japan
First Shipment to Japan
Provident Biofuels extends its business to Japan in 2013
2014
Growing our business to Korea
New Supply Agreement in Korea
Signed long term supply agreement with GS Global for supply to GS EPS in Korea
2015
Delivers first shipment to Korea
Timeline Story
First shipment to GS Global/GS EPS
2017
New source of growth - Malaysia
Further Growth of business
First shipment from Malaysia to Japan
Signed long term supply contract with Japanese end-user
2018
Our 100th Shipment to Singapore
A new milestone - 100th Shipment
In 2018, Provident Biofuel delivers its 100th shipment to Singapore
2019
New frontier for Japan and Korea
1MT to Japan & 50th Shipment Korea
In 2019, Provident Biofuels delivers its 50th Shipment to Korea
In July 2020, Provident Biofuels exported 1,000,000MT to Japan
May 2020
Contribution to Indonesian Community
Having a stake in Community
Partnered with local supplier, PT Jatim and the Indonesian Labour Union to distribute food to the communities near PT Jatim’s stockpile during the Ramadan season and when Covid-19 was at its peak in Indonesia
Sep 2020
Certification for Traceability and Sustainability
Making a commitment to reduce GHG
Provident Biofuels made a commitment to reduce Greenhouse Gases (GHG) emissions by obtaining global certification for traceability and sustainability of our biomass business and operations
Dec 2020
Strengthening our investment into sustainability
Provident takes sustainability to global standards
Provident Biofuels established our first ESG policy incorporating many of the United Nations Sustainable Development Goals (UNSDG), principles of UN Global Compact, International Labour Organisation (ILO) standards, United Nations Universal Declaration of Human Rights, International Corruption Acts and Employment Acts.
Provident Biofuels published our very first Environmental, Social and Governance Report for the period 1 July 2019 to 30 June 2020
Provident Biofuels, together with Hanwa, initiated a pilot study with Roundtable on Sustainable Biomaterials (RSB) on the possibility of obtaining RSB certification and compliance for the entire supply chain from CPO mills to end users
Apr 2021
Green Gold Label on Shipment & UN Global Compact
Achieves Green Gold Label & Posting of COP based on UN Global Compact
Provident Biofuels applied to join and obtain the Green Gold Label (GGL) certification for all future PKS shipments
Posted a Communication on Progress (COP) that describes our company’s efforts and progress to implement the principles of the UN Global Compact
May 2021
First Audit of Chain of Custody Certification
Annual Chain of Custory Certification Audit
First Annual audit of the Company for Chain of Custody Certification by the GGL and RSB to be conducted by external auditors
