Adding Value to
Wilmar’s Palm Oil Business
Wilmar International is Asia’s leading agribusiness group, and one of the largest listed companies by market capitalization on the Singapore Exchange. The company’s business activities include oil palm cultivation, oilseeds crushing, edible oils refining, sugar, specialty fats, oleochemicals and biodiesel manufacturing and grains processing. Wilmar has over 300 manufacturing plants and an extensive distribution network covering China, India, Indonesia and some 50 other countries to support a well established processing and merchandising business. Wilmar also manufactures and distributes fertilizers and owns a fleet of vessels. The Group is backed by a multi-national workforce of approximately 90,000 people.
Palm plantations generate significant quantities of residual biomass including empty fruit bunches, mesocarp fibers from pressed fruits, and cake from the processed palm kernel. Historically, the majority of this biomass has been burned and returned to the electrical grid, generating minimal value-add to Wilmar’s operation.
In July of 2013, Inventure commissioned design, engineering and manufacturing of two nutritional ingredient plants for Wilmar in China. The first facility will be operational in mid-2015.