Wilmar International limited was founded in 1991 and is today one of the leading agribusiness group in Asia.
It is headquartered in Singapore and has huge market capitalization & Mr Kuok Khoon Hong is its chairman and CEO. Wilmar deals in several businesses such as oil palm cultivation, oilseed crushing, edible oil refining, sugar refining, specialty fats and oleochemicals, biodiesel and fertilizer manufacturing as well as flour and rice milling.
The integrated Agribusiness Model practiced at Wilmar includes entire value chain processes ranging from cultivation, processing to manufacturing wide range of agri-products. It has over 500 manufacturing plants and an extensive distribution channel spread over 50 other countries in Asia. The group has a huge task force of 92,000 people.
Wilmar has established itself as one of the most preferred company that delivers high quality processed agricultural products to its consumers and manufacturing industry. Its consumer –packed products have profound reach in many Asian and African markets. Wilmar is able to reap margin at each step of the value chain through economies of scale, integration and logistical advantages of its business model. Operational efficiency in the company helps them to attain cost effectiveness coupled with sustainable growth and responsible corporate citizenship practices.
Wilmar has reached at a point today to become the world’s largest processor and merchandiser of palm and lauric oils, manufacturer of oleo chemicals, fats, palm biodiesel and consumer oil packs . it is owner of the largest palm plantation and refineries in Indonesia and Malaysia. It is also one of the leading edible oil refiners and branded consumer pack oils.