BPH Global Secures Up to 200 Tonnes Monthly Seaweed Supply in New 2-Year Deal

Strategic Partnership with Maluku Government

BPH Global Ltd (ASX – BP8) has taken a significant step forward in its growth strategy by signing a binding commercial framework agreement with Perumda Panca Raya (PPR Maluku), a regional government-owned enterprise in Indonesia’s Maluku province. This two-year deal secures a reliable supply of high-quality seaweed sourced directly from Maluku’s pristine waters, a region known for its premium seaweed cultivation.

Under the agreement, PPR Maluku will supply between 100 and 200 tonnes of seaweed monthly, with quality and logistics terms clearly defined to ensure consistency. This partnership not only guarantees volume but also enhances BPH Global’s ability to meet rising demand in international markets.

Expanding Processing Capacity in Indonesia

To support this supply chain expansion, BPH Global plans to establish a new seaweed processing warehouse in Maluku, complementing its existing three facilities in South Sulawesi and Sulawesi. This new warehouse will increase the company’s total processing capacity to approximately 500 tonnes per month, reinforcing its operational footprint in Indonesia and enabling more efficient handling and quality control.

Currently, BPH operates a 550 m² leased warehouse in Makassar equipped with a quality-control lab and hydraulic press, alongside cooperative agreements and sub-leased facilities. The Maluku warehouse will extend regional coverage and support the company’s premium seaweed supply ambitions.

Bio-Stimulant Manufacturing Collaboration

Beyond raw material supply, the agreement includes a collaborative framework to develop a seaweed-based bio-stimulant manufacturing facility in Maluku. Bio-stimulants derived from seaweed are gaining traction as sustainable agricultural inputs that enhance crop growth, nutrient uptake, and stress resilience.

PPR Maluku will assist BPH Global by facilitating government liaison, community engagement, and exclusive supply programs with local farmers, including potential subsidies and cultivation support. While the framework agreement does not bind the parties to construction or financing commitments, it lays the groundwork for future formal arrangements.

Implications for Sustainable Agriculture and Market Position

This partnership aligns with BPH Global’s broader strategy to leverage Indonesia’s rich marine resources and government relationships to drive sustainable growth. By securing supply and advancing bio-stimulant development, the company positions itself at the forefront of premium seaweed supply and innovative agricultural solutions.

Managing Director Matthew Leonard highlighted the importance of this agreement in accelerating BPH Global’s bio-stimulant initiatives and strengthening its supply chain, underscoring the value of institutional support from PPR Maluku.