The holding company
of the Wilmar Group is Wilmar Holdings Pte. Ltd. in Singapore. This
company was founded in 1991 by Kuok Khoon Hong, a nephew of the Malaysian
tycoon Robert Kuok, and the Indonesian businessman Martua Sitorus. As Kuok
is nick-named William, the name Wilmar probably is a combination
of the names of the two founders. Later the American commodity trader
ADM and the Chinese procurement agency COFCO became shareholders.
Wilmar International
Limited, headquartered in Singapore, is Asia’s leading agribusiness group.
Wilmar is ranked amongst the largest listed companies by market capitalization
on the Singapore Exchange.
Wilmar’s business activities include oil palm cultivation,
oil seed crushing, edible oil refining, sugar milling and refining, specialty
fat, oleo chemical, biodiesel and fertilizer manufacturing and grain
processing. At the core of Wilmar’s strategy is a resilient integrated
agribusiness model that encompasses the entire value chain of the
agricultural commodity processing business, from origination and processing to
branding, merchandising and distribution of a wide range of agricultural
products. It has over 500 manufacturing plants and an extensive distribution
network covering China, India, Indonesia and some 50 other countries. The Group
is backed by a multinational workforce of about 92,000 people.
Wilmar’s portfolio of high quality processed
agricultural products is the preferred choice of the food manufacturing
industry, as well as the industrial and consumer food businesses. Its
consumer-packed products occupy a leading share in its targeted markets.
Through scale, integration and the logistical advantages of its business model,
Wilmar is able to extract margins at every step of the value chain, thereby
reaping operational synergies and cost efficiencies. Wilmar remains a firm
advocate of sustainable growth and is committed to its role as a responsible
corporate citizen.
The Asian company had sales of R$ 38.8 billion in 2015.
The Asian company had sales of R$ 38.8 billion in 2015.
(Fonte: A research paper prepared for Milieudefensie (Friends of
the Earth Netherlands) by Profundo july 2007 / site da empresa)
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