PZ Cussons' Nigeria palm refinery starts work in Q3
- Reuters
- 23 December 2011
Its joint venture with Singapore's Wilmar will invest 100 billion naira in Nigeria over the next 5-7 years to develop oil palm plantations that will feed the refinery.
Its joint venture with Singapore's Wilmar will invest 100 billion naira in Nigeria over the next 5-7 years to develop oil palm plantations that will feed the refinery.
The Thai company is seeking to acquire four far north Queensland sugar mills, more than 6,000 hectares of agricultural land and other infrastructure assets owned by MSF Sugar
The palm oil industry is "at the dawn of a new period of expansion" in part thanks to increasing interest from food groups, which are moving into production to ensure supplies of an increasingly important commodity.
Elders has begun a sale of all its forestry plantations totalling 50,000ha across the country. Much of the land purchased is expected to be planted with sugar cane, bananas or returned to beef grazing, and COFCO and Wilmar International have indicated their interest.
"We encourage countries to speed up reforms to modernise land rights," says new CEO.
Touché au cœur durant la crise postélectorale, le premier groupe privé de la Côte d'Ivoire panse ses plaies. Mais pas seulement. Le voilà qui, déjà, réamorce sa stratégie de croissance en Afrique de l’Ouest, notamment dans l’hévéa et le palmier à huile.
The Anak Dalam Sungai Beruang say the Wilmar Group subsidiary, Asiatic Persada, forced them off their ancestral homelands.
African and South American palm oil players are flocking to join the Roundtable on Sustainable Palm Oil, highlighting a growing trend of the industry’s rapid expansion outside main producing region Southeast Asia
Newly uncovered customs data unearthed by Rainforest Action Network links agriculture trading giant Cargill to recent acts of violence, intimidation and home demolition against Indigenous villagers on the Indonesian island of Sumatra.
Australians do realise the value of what is being sold, a land agent and rural property specialist said, "but their hands are tied because they can't raise the money".
Subsidiary of Singapore's Wilmar pays $115m for Australia's largest sugar mill operator and plans to buy back former cane land now used for timber plantations to expand sugar production.
Indonesia, the world's No.1 palm oil producer, signed into law a 2-year freeze on new permits that may prompt palm oil firms to seek new ways to grow supply to meet rising demand from India and China, such as buying more land in Africa
BF Group: sustainable investment in Ghana
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