Home THE DAILY EDGE Business Wilmar hopes to grow sugar business in Indonesia, Brazil
Wilmar hopes to grow sugar business in Indonesia, Brazil

Tags: CSR | Sucrogen | Wilmar International

Written by Reuters   
Tuesday, 06 July 2010 17:47
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Singapore’s Wilmar International (WLIL.SI), the world’s largest listed palm oil firm, said on Tuesday it was keen to grow its sugar business by setting up operations in Indonesia and Brazil. 

It made the comment during an analyst and media briefing about its plans following its agreement to buy Sucrogen, Sydney-based CSR’s (CSR.AX) sugar business, for US$1.5 billion ($2.09 billion). 
 
“Sucrogen will allow Wilmar to build a leading position in sugar, starting with Indonesia,” the Singapore-listed firm said in a powerpoint presentation.
 
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Wilmar hopes to grow sugar business in Indonesia, Brazil
Tuesday, 06 July 2010

Last Updated on Tuesday, 06 July 2010 17:49