Sifca Group, which owns Africa’s biggest palm-oil refinery located in Ivory Coast, said it plans to spend $417 million in the next five years on plantations and factories in Ghana, Nigeria and Liberia.
Dutch pension funds say they will remain invested in Wilmar International due to their successful efforts to engage with the controversial palm-oil company accused by many of land grabbing
European banks and pension funds continue to finance one of the largest and most destructive palm oil giants Wilmar International, according to new research released today by Friends of the Earth Europe.
Suitable land for palm-oil cultivation is running out in top producers Malaysia and Indonesia, which now account for about 85 percent of the global output. Wilmar is among several companies searching for land in West and Central Africa.
Norway’s US$710bn sovereign investment fund has pulled its investment from 23 Southeast Asian palm oil companies, claiming that they source palm oil unsustainably.
Wilmar International has taken a majority stake in a palm plantation venture in Indonesia’s Papua owned by Noble Group, giving the world’s biggest palm oil supplier a toehold in the province where it also hopes to grow sugar cane.
Wilmar has flagged the purchase of another 778 hectares of land in the Burdekin region south of Townsville, Australia as part of its campaign to lock up as much supply as possible.
Oil palm giant, Wilmar Nigeria Limited, and the Rainforest Resource and Development Centre (RRDC), an environmental rights group, are currently at logger heads over a massive land grab in a rural community in Cross River State, Southern Nigeria.
This case study is done by Aliansi Gerakan Reforma Agraria (AGRA) in close coordination with the Pesticide Action Network Asia and the Pacific (PAN AP).
Le groupe agro-industriel ivoirien SIFCA, détenu par les Singapouriens Olam et Wilmar, seraient prêt à débarquer en Afrique centrale pour y développer des plantations de palmiers à huile.
BIDCO project wreaks environmental havoc, hunger, and human rights abuse in Kalangala
Wilmar acquires three new plantations for 19,712 hectares in Nigeria's Cross River State.
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Thailand: Stop foreign land grabs
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