AGRIBUSINESS | Staff Reporter, Singapore

Wilmar to cut ties with Indonesian palm suppliers involved in illegal fires

It bans burnings on plantations.

According to a Bloomberg report, Wilmar International Ltd. (WIL), the world’s largest palm oil trader, plans to cut ties with Indonesian suppliers that clear land with illegal fires after blazes engulfed Singapore in a record haze.

Wilmar, which bans burning on its own plantations, relies on third parties for more than 90 percent of the crude palm oil for its refineries.

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