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.
View the full report here.
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