Wilmar International
Wilmar International
Wilmar International Limited is a leading agribusiness group headquartered in Singapore. Founded in 1991, the company is one of the largest global processors and merchandisers of palm oil and lauric oils, as well as a major producer of consumer pack edible oils, specialty fats, oleochemicals, and biodiesel.
History
Wilmar International was established in 1991 by Kuok Khoon Hong and Martua Sitorus. The company initially focused on the palm oil business, rapidly expanding its operations across Asia, Africa, and Europe. Over the years, Wilmar has diversified its business portfolio to include sugar milling and refining, specialty fats, and oleochemicals.
Business Operations
Wilmar's business model is integrated across the entire value chain of the agricultural commodity business, from cultivation and milling to processing, branding, and distribution. The company operates through four main segments:
Palm Oil
Wilmar is one of the largest producers of palm oil globally. The company owns and operates palm oil plantations, mills, and refineries. It is involved in the entire supply chain, from cultivation to the production of refined palm oil products.
Consumer Products
Wilmar produces a wide range of consumer products, including cooking oils, margarine, and specialty fats. These products are marketed under various brand names and are distributed in numerous countries worldwide.
Oleochemicals
The company is a significant player in the oleochemicals industry, producing fatty acids, glycerine, and other derivatives used in the manufacture of soaps, detergents, and personal care products.
Sugar
Wilmar has expanded into the sugar industry, with operations in sugar milling and refining. The company is involved in the production and distribution of raw and refined sugar.
Sustainability Initiatives
Wilmar International is committed to sustainable practices in its operations. The company has implemented policies to ensure responsible sourcing of palm oil and has pledged to eliminate deforestation and human rights abuses in its supply chain. Wilmar is a member of the Roundtable on Sustainable Palm Oil (RSPO) and adheres to its principles and criteria.
Global Presence
Wilmar operates in over 50 countries, with a strong presence in Asia, Africa, and Europe. The company has a vast network of manufacturing plants, refineries, and distribution facilities, enabling it to serve a diverse customer base worldwide.
Related Pages
Template:Agriculture companies Template:Companies of Singapore
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