TITLE

PALM OIL DEALS THRIVE DESPITE GLOBAL CONCERNS

AUTHOR(S)
Hui, Cheok Soh
PUB. DATE
June 2007
SOURCE
ICIS Chemical Business;6/4/2007, Vol. 2 Issue 69, p13
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the consolidation and merger of companies in the palm oil industry. Indofood Agri Resources, the agriculture unit of the world's top noodle maker PT Indofood Sukses Makmur, said it would buy Indonesia's PT London Sumatra for $1 billion. The acquisition will increase Indofood Agri's oil palm plantations by 84% to 138,081 hectares and more than double its crude palm oil production to 640,000 tonnes per year.
ACCESSION #
25376893

 

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