Palm | Kelapa Sawit

JAKARTA, Aug 5 (Reuters) - Indonesian palm oil giant PT SMART Tbk , accused by green groups of clearing valuable forest, aims to expand its plantations by 50,000 hectares a year, the company's president director said on Thursday.
SMART last month rejected fresh claims by Greenpeace that the firm was clearing peatland and high conservation value forests, which shelter endangered species and trap vast amounts of climate-warming greenhouse gases.
SMART runs the Indonesia palm oil operations of its Singapore-listed parent company Golden Agri-Resources (GAR) . GAR is controlled by the Widjaja family, whose business empire Sinar Mas has interests in pulp and paper, finance and property.