5. Wilmar International
The company is a leader in the agribusiness field and its activities include oil palm cultivation, oilseed crushing, edible oil refining, and sugar milling and crushing.
Wilmar International, which was established in 1991, has more than 500 manufacturing plants and a distribution network that extends to China, India, and about 50 other countries.
It is one of the largest palm oil plantation owners and the world’s largest processor of palm oil. The total size of the planted area in its palm oil plantations is a massive 240,956 hectares. The bulk of this is located in Indonesia, with about a quarter in Malaysia while the remainder is in Africa.
Aside from palm oil, Wilmar is also a titan in the sugar industry. It is the largest sugar producer in Africa and recently formed a joint venture with Brazil’s Raizen Energia to form one of the world’s largest exporters of Brazilian sugar.
Market Capitalization: S$23.5 billion
Total Revenue: S$38.8 billion
Net Profit: S$1.1 billion
Total Assets: S$37.9 billion
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