Wilmar International Limited (Chinese: 丰益国际) is a Singaporean food processing and investment holding company that provides management services to its 400+ subsidiary companies. Founded in 1991, it is one of Asia’s leading agribusiness groups alongside the COFCO Group. It ranks amongst the largest listed companies by market capitalisation on the Singapore Exchange (SGX), being the second largest as of September 2010. It was ranked 248th in the Fortune Global 500 list in 2018. It was ranked 3rd in the World’s Most Admired Company (Food Production) by Fortune in 2019.
Wilmar International business activities include oil palm cultivation, edible oils refining, oilseeds crushing, consumer pack edible oils processing and merchandising, specialty fats, oleochemicals, and biodiesel manufacturing, grains processing and merchandising, and sugar milling and refining. It has over 500 manufacturing plants and an extensive distribution network covering China, Indonesia, India and some 50 other countries. The group is backed by a multinational workforce of over 90,000 people.
Wilmar’s merchandising and processing segment encompasses merchandising of palm oil and laurics-related products, operations of palm oil processing and refinery plants and crushing, further processing and refining of a range of edible oils, oilseeds, grains and soybean. Its consumer products include edible oils, rice, flour and noodles in the China, Indonesia, Vietnam and India. Its plantation and palm oil mills segment engages in oil palm cultivation and milling. Other segments include manufacturing and distribution of fertiliser and ship-chartering services.
Traded as: SGX: F34; OTC Pink: WLMIY
Industry: Food processing
Founder: Kuok Khoon Hong; Martua Sitorus
Products: Palm oil, protein meal, consumer pack edible oils, sugar, specialty fats, oleochemicals and biodiesel