. By continuing to browse this website, you accept cookies which are used for several reasons such as personalizing content/ads and analyzing how this website is used. Wilmar has a significant presence in Australia, New Zealand and the Asia Pacific. A joint venture between Wilmar and PZ Cussons - PZ Wilmar - restated its commitment to building a sustainable future for palm oil. Kerry Logistics Wilmar International. It operates through the following segments:. In 2021, Wilmar. Wilmar International owns 242,403 hectares of palm oil plantations in Malaysia and Indonesia, with 65% of that land in Indonesia. The best of the best: the portal for top lists & rankings: Strategy and business building for the data-driven economy: EBITDA of Wilmar International Limited FY 2015-2021, Wilmar International Limited's total assets FY 2015-2021, Regional revenue distribution Wilmar International Limited 2020, Leading global palm oil companies based on market capitalization 2021, Wilmar International Limited's net profit 2013-2021, Wilmar International Limited's revenue FY 2013-2021, Global oilseed production 2022/23, by type, Worldwide oilseed production in 2022/2023, by type (in million metric tons)*, Leading producers of palm oil worldwide from 2022/2023 (in 1,000 metric tons)*, Leading palm oil companies worldwide in 2021, based on market capitalization (in million U.S. dollars), Net profit of Wilmar International Limited from 2013 to 2021 (in million U.S. dollars), EBITDA of Wilmar International Limited from financial years 2015 to 2021 (in million U.S. dollars), Revenue of Wilmar International Limited from financial years 2013 to 2021 (in billion U.S. dollars), Total assets of Wilmar International Limited from financial years 2015 to 2021 (in billion U.S. dollars), Wilmar International Limited's total liabilities FY 2015-2021, Total liabilities of Wilmar International Limited from financial years 2015 to 2021 (in billion U.S. dollars), Share of Wilmar International Limited's employees 2021, by region, Distribution of employees of Wilmar International Limited in 2021, by region, Share of profit before tax of Wilmar International Limited FY 2021, by segment, Distribution of profit before tax of Wilmar International Limited in financial year 2021, by business segment, Sales volume of sugar milling Wilmar International Limited FY 2019-2021, Sales volume of sugar milling by Wilmar International Limited from financial years 2019 to 2021 (in million metric tons), Sales volume of oilseeds and grains Wilmar International Limited FY 2015-2021, Sales volume of oilseeds and grains by Wilmar International Limited from financial years 2015 to 2021 (in million metric tons), Sales volume of tropical oils Wilmar International Limited FY 2015-2021, Sales volume of tropical oils by Wilmar International Limited from financial year 2015 to 2021 (in million metric tons), Crude palm oil production volume Wilmar International 2021, Crude palm oil production volume of Wilmar International from 2014 to 2021 (in million metric tons), Fresh fruit bunches production volume Wilmar International 2014-2021, Fresh fruit bunches production volume of Wilmar International from 2014 to 2021 (in million metric tons), Wilmar International Limited's planted area with oil palms 2013-2021, Total planted area with oil palms of Wilmar International Limited from 2013 to 2021 (in 1,000 hectares), Size of oil palms plantations owned by Wilmar International Limited 2021, by country, Breakdown of planted area with oil palms of Wilmar International Limited in 2021, by country (in 1,000 hectares), Revenue of IOI Group from financial years 2015 to 2022 (in billion Malaysian ringgit), Revenue of Kuala Lumpur Kepong Berhad FY 2015-2022, Revenue of Kuala Lumpur Kepong Berhad from financial years 2015 to 2022 (in billion Malaysian ringgit), Revenue of Sime Darby Plantation Berhad FY 2016-2022, Revenue of Sime Darby Plantation Berhad from financial years 2016 to 2022 (in billion Malaysian ringgit), Revenue of Golden Agri-Resources Ltd 2014-2022, Revenue of Golden Agri-Resources Ltd (GAR) from 2014 to 2022 (in 1,000 U.S. dollars). Wilmar International President Manuel A. Roxas, Zamboanga del Norte, "WILMAR INTERNATIONAL LTD (WIL:Singapore Exchange): Company Description - Businessweek", "Human rights abuses in your shopping basket", "Palm oil landgrab in Uganda: Wilmar International's violations in Kalangala Island", "World's biggest palm oil trader shamed | Friends of the Earth Europe | Company involved in forest fires, deforestation and illegal activities", "REPORT: Palming off a National Park: Tracking Illegal Palm Oil Fruit in Riau, Sumatra", "Adani Wilmar completes 20 years of Fortune brand; to set up new plants across businesses", "Aftenposten: Oljefondet kvittet seg med "verdens verste selskap" (in Norwegian)", "Sindre Heyerdahl, E24. Announcement - changes to subsidiaries and associated companies (cont'd) Change in shareholdings in subsidiaries and associated companies (cont'd) 5. [34], According to Friends of the Earth, Wilmar and Bidco Africa through Bidco Uganda, have been involved in long running dispute over land with local communities. An annual subscription is available with a discount. Wilmar Intl owns a total of 629.52 Million outstanding shares. Wilmar International is a leading company in the palm oil sector. . First Pacific said the sale of Goodman Fielder - one of its biggest holdings - fulfilled a management commitment to streamline the company's investment portfolio. This implies the analysts working for those institutions have looked at the stock and they like it. It operates through the following segments: Tropical Oils; Oilseeds and Grains; Sugar; and Others. It's therefore worth looking at Wilmar International's earnings history below. It operates across the entire . Wilmar International Limited, founded in 1991 and headquartered in Singapore, is today Asia's leading agribusiness group. The Oilseeds and Grains segment comprises the merchandising and processing of a wide range of agricultural products including non palm and lauric edible oils, oilseeds, flour and rice milling, corn processing and downstream products like wheat and rice noodles in consumer pack, medium pack and in bulk. In comparison, the second and third largest shareholders hold . The list of new provisions and modified clauses in the 2023 NBA Collective Bargaining Agreement is a long one. Wilmar International | LinkedIn Wilmar Africa Limited | LinkedIn Let's delve deeper into each type of owner of Wilmar International, beginning with the chart below. "OLJEFONDETS GIGANTTAP P AKTIV FORVALTNING: Mener Gjedrem blffer om investeringene" (in Norwegian)", "Raising the bar on palm oil: Wilmar using satellites to track deforestation, Corbion signs up to sustainable network", "Tracking sustainable palm oil: Unilever uses geospatial analytics for "sophisticated" deforestation crackdown", "Top palm oil producer Wilmar drops out of climate change group | ASEAN Today", "Wilmar debuts on Dow Jones Sustainability Index", "Watchdogs lament palm oil giant Wilmar's exit from forest conservation alliance", "Communities force Wilmar to address bad practices", "STATEMENT FROM THE RSPO ON THE IMPORTANCE OF TRANSPARENT AND RESPONSIBLE SOURCING OF FRESH FRUIT BUNCHES", "Perusahaan Grup Wilmar dan Sinar Mas Paling Banyak Menyumbang Titik Api", "Oreo maker linked to destruction of orangutan habitat for palm oil in Indonesia", "Palm oil giant Wilmar unfazed as watchdogs cry foul over Papua deforestation", "Ugandan oil palm conglomerate taken to court over land-grab claims", "Ugandan farmers take on palm oil giants over land grab claims", "Statement concerning UNDP, Business Call to Action and Bidco Africa Ltd", "Social and Environmental Compliance Unit - Case Registry", "UNDP to Investigate Rights Violations at BIDCO", "Bidco is not fit to join UNDP's project UN", THE GREAT PALM OIL SCANDAL: LABOUR ABUSES BEHIND BIG BRAND NAMES, "No Deforestation, No Peat & No Exploitation Policy", "TFT and Climate Advisers Welcome Wilmar's Transformative Policies to Protect Forests and People | Climate Advisers", "48 hours that changed the future of rainforests", "Wilmar's 'no deforestation' commitment could revolutionise the way food is grown", "Singapore businesses mark 10 years of CSR push | News | Eco-Business | Asia Pacific", CapitaLand (Integrated Commercial Trust * Investment), Mapletree (Commercial Trust * Industrial Trust * Logistics Trust), Indonesia Commodity and Derivatives Exchange, https://en.wikipedia.org/w/index.php?title=Wilmar_International&oldid=1160683302, Companies listed on the Singapore Exchange, Multinational companies headquartered in Singapore, Agriculture companies established in 1991, Articles with dead YouTube links from February 2022, Short description is different from Wikidata, Articles containing simplified Chinese-language text, Articles containing traditional Chinese-language text, Articles with unsourced statements from November 2018, Articles with unsourced statements from June 2019, Articles with unsourced statements from June 2023, Creative Commons Attribution-ShareAlike License 4.0. #1164 Peter Lim on the 2023 Billionaires - After cashing out of palm oil giant Wilmar more than a decade ago, former stockbroker Peter Lim focused on property, Updated Nov 22, 2021, 4:21 PM IST. . [35][37], In February 2016, the United Nations Development Programme (UNDP) received a petition from the Bugala Farmers Association in Uganda related to UNDP's association with Bidco Africa Ltd.[38] It's hard to say for sure but this suggests they have entwined business interests. Wilmar Sugar Australia is a subsidiary of the Singapore-based company Wilmar International that incorporates sugar production business and renewable energy cogeneration. It will also take over US$95m in shareholder loans and may pay Oceanica another US$50m after 2020 if Goodman Fielder meets certain earnings targets. . Insider ownership is positive when it signals leadership are thinking like the true owners of the company. Responsible Operations. Every company has them, and we've spotted 3 warning signs for Wilmar International (of which 2 are a bit concerning!) WILMAR INTERNATIONAL LIMITED Company Profile - Dun & Bradstreet T Wilmar International Ltd. is an investment holding company, which engages in the processing, merchandising, and distribution of agricultural products. Wilmar joined forces with Aidenvironment, a consultancy to develop a group mapping database that allows Wilmar's suppliers to be monitored in relation to its No Deforestation, No Peat & No Exploitation Policy (NDPE) policy. [39] In May 2016, UNDP visited Kalangala to further investigate the issues surrounding the matter. 1991 Specialties Leading Agribusiness Group, Tropical oils, Oilseeds and Grains, Oil palm cultivation, Sugar refining and milling, Rice and flour milling, Fertiliser, Shipping, Oleochemicals,. [30], In July 2013, a report published by the WWF which documented that Wilmar (as well as the Indonesian company Asian Agri) were purchasing palm oil fruit which was grown illegally in Tesso Nilo National Park, Sumatra. ABN 44 081 051 792. Wilmar International owns a total of 625.26 Million outstanding shares. (SPACs), Transportation, Infrastructure & Logistics. In 2013, Wilmar changed its approach and endorsed sustainability principles, and now encourages their suppliers and customers to do likewise. Wilmar International Wilmar is ranked amongst the largest listed companies by market capitalisation on the Singapore Exchange. Who owns WILMAR INTERNATIONAL LTD? Top stakeholders of Wilmar Please note, institutional investors have a lot of resources and new technology at their disposal. WWE SmackDown results from the O2 Arena in London as Roman Reigns Returns ahead of the Bloodline Civil War at WWE Money in the Bank. . Arnab Dutta. However, environmentalists have been concerned that such widespread cultivation has led to deforestation and air pollution, and is a threat to endangered species. Insiders often own a. Smallholder Programmes. Analyze quarterly positions in Wilmar International with up to 7 years of data, all consolidated into one spreadsheet. Founded in 1991 and headquartered in Singapore, Wilmar International is ranked among the largest listed companies by market capitalisation on the Singapore Exchange. Again according to Friends of the Earth International, the projects implications include: Forced displacement, poor labour standards, deforestation, and insecurity amongst other. [5] It was ranked 211th in the Fortune Global 500 list in 2020. The key products of oil palm . [11] In July 2007 Friends of the Earth and two local environmental organizations criticized Wilmar's illegal forest felling in Kalimantan, in Indonesia. Wilmar International Limited is a Singapore-based company, which is engaged in investment holding and the provision of management services. The company was founded by Kuok Khoon Hong and Martua Sitorus in 1991 and is headquartered in Singapore. Global Presence - Wilmar International Use Forbes logos and quotes in your marketing. At the core of Wilmar's strategy is an integrated agribusiness model that encompasses the entire value chain . Our data reflects individual insiders, capturing board members at the very least. Adani Wilmar Limited (AWL) is a joint venture incorporated in January 1999 between Adani Group, a the leader in International Trading & Private Infrastructure with businesses in key industry verticals such as resources, logistics and energy, and Wilmar International Limited - Singapore, Asia's leading Agri business group. Profit before tax of Wilmar International Limited FY2015-2021, Revenue breakdown of Wilmar International Limited FY 2019, by business unit, Distribution of permanent and temporary workers Wilmar International 2021, by region, Number of Wilmar's oilseeds and grains industrial plants in China FY 2020 by type, Wilmar International Limited's number of industrial plants in China FY2020, by type, Size of sugarcane estates owned by Wilmar International Limited FY 2021, by country, Facebook: quarterly number of MAU (monthly active users) worldwide 2008-2023, Quarterly smartphone market share worldwide by vendor 2009-2023, Number of apps available in leading app stores Q3 2022. To make our study more interesting, we found that the top 3 shareholders have a majority ownership in the company, meaning that they are powerful enough to influence the decisions of the company. Wilmar's largest shareholder is family-owned shareholding company the Kuok Group, followed by Kuok Khoon Hong. Join A Paid User Research SessionYoull receive a US$30 Amazon Gift card for 1 hour of your time while helping us build better investing tools for the individual investors like yourself. The Dallas Mavericks will retain 10-time NBA All-Star Kyrie Irving, fulfilling their biggest free agency goal. Wilmar International | Company Overview & News - Forbes It doesnt have a name yet, but the Professional Womens Hockey Players Association (PWHPA) will be the official union for the forthcoming league. Also, play competitive Wordle and learn more about each day's word. Born into one of the richest families in Southeast Asia which built on successes in agricultural trading during the British colonial era, he began his career in the agricultural business in 1973, establishing oil palm plantations in Asia and Africa. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay . About Us - Wilmar International [10][11][12], Unilever is one of the main customers of Wilmar. Its business activities include oil palm cultivation, oilseed crushing, edible oils refining, sugar milling and refining, manufacturing of consumer products, specialty fats, oleochemicals, biodiesel and fertilisers as well as rice and flour milling. Copyright 2023 FactSet Research Systems Inc. All rights reserved. High Carbon Stock (HCS) Biodiversity Wildlife Ranger Programme Conservation and Research Partnerships Wildlife Awareness Outreach Programmes. Wilmar International is a global agribusiness firm with a focus on palm oil, sugar and grains. [citation needed], According to Friends of the Earth Netherlands, Wilmar International starts forest fires and violates the rights of local populations. Completed the merger with Kuok Group's palm plantation, edible oils, grains and related businesses in a deal worth US$2.7billion, as well as a restructuring exercise to acquire the edible oils, oilseeds, grains and related businesses of Wilmar Holdings Pte Ltd (WHPL), including interests held by Archer Daniels Midland Asia Pacific (ADM) and its subsidiaries in these businesses, for US$1.6billion; Formed a joint venture (JV) with Olam International Ltd and SIFCA Group, one of Africa's largest agro-industrial groups with significant interests across palm oil, cotton seed oil, natural rubber and sugar sectors in Africa. The company operates manufacturing plants and an extensive distribution network in countries across North America, Europe, South America, Africa, and Asia-Pacific. The Hong Kong-listed investment company said it would use the proceeds to finance debt reduction and for share repurchase. Sign up here, Sri Lanka's parliament to vote on debt restructuring plan amid economic crisis, Cambodia's Hun Sen kicks off campaign for virtually unopposed election, Chinese military delegation visited UK, France - ministry, Iowa auditor says new law will restrict his office's access to information, Japan says Russian warships spotted near Taiwan, Okinawa islands. We can see that Wilmar International does have institutional investors; and they hold a good portion of the company's stock. [35], According to The Guardian in March 2015, the land grab issue has plagued the community of Kalangala for a number of years. In comparison, the second and third largest shareholders hold about 22% and 6.0% of the stock. Cancel anytime to end your subscription, and you won't be charged again. Wilmar International is applauded by Greenpeace for their efforts to becoming a more sustainable palm oil company by adopting a "No Deforestation, No Peat Land, No Exploitation Policy" in 2014. Wilmar International Company Profile - Craft One of the world's largest processors and merchandisers of palm oil, it manages plantations in Indonesia and Malaysia. NB: Figures in this article are calculated using data from the last twelve months, which refer to the 12-month period ending on the last date of the month the financial statement is dated. This can be negative in some circumstances. It operates through the following segments: Tropical Oils; Oilseeds and Grains; Sugar; and Others. Wilmar International has a workforce of around 90,000, with more than 500 manufacturing plants and an extensive distribution network covering China, India, Indonesia and about 50 other countries and regions. Apps that offer alternative ways to use Reddit, such as Apollo and Rif Is Fun, will shut down over Reddits highly controversial API pricing changesthough other apps will remain using new subscription models. Unilever and Wilmar are members of the Roundtable on Sustainable Palm Oil (RSPO) which brings together retailers, producers and NGOs like Oxfam and WWF. Most would say this shows a good alignment of interests between shareholders and the board. Wilmar International Limited, a Singapore based agricultural business, is the third leading palm oil production company in the world, in terms of market capitalization. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. We can see that private companies own the lion's share in the company with 42% ownership. Ranking palm oil companies worldwide 2021 | Statista Acquired Natural Oleochemicals, a leading oleochemicals producer with significant market share in Europe and Asia and a growing presence in the US. Notably, sometimes top-level managers are on the board themselves.