Agribusiness

Wilmar International swamped with high inventory and delays

Double trouble as palm oil prices pick up and its plantation expansions run behind schedule.

Wilmar International swamped with high inventory and delays

Double trouble as palm oil prices pick up and its plantation expansions run behind schedule.

Golden Agri Resources facing a slow growth harvest

Drop to 5% production growth expected in 2012, says Phillip Capital in a new report.

Reyphon Agriceutical appoints Xiang Zhijing as Group Finance Manager

Ms. Xiang will be tasked to handle finance and accounting matters of the Group.

Olam invests $49m to till Nigerian soils

It will set up a 6,000 hectare greenfield, fully integrated, mechanised and irrigated paddy farming and rice milling facility in one of Nigeria’s...

Californication: Wilmar ties up with Gavilon for Stockton facility

They will import and process palm, coconut and palm kernel oils to serve the California and neighboring West Coast markets.

Global Palm’s expansion to slow down in 2012

OCBC says not to expect much as GPR has further lowered its new planting target for 2012 to just 770 ha.

What you need to know about the commodities sector

Analyst described the outlook as mixed at best.

SPRING invests $45mn in food manufacturing industry

The initiative aimed to improve productivity by 20% as Singapore’s food industry enjoys a good reputation here and overseas.

Is sweet success near for Wilmar subsidiary and Proserpine?

Sucrogen now awaits creditors’ approval after striking a deal with Proserpine Administrators.

Samko Timber appoints Johan Yanto as Chief Financial Officer

Mr. Yanto will replace Untoro Angkawijaya, who had been given a new responsibility in the Group to oversee/develop a new business unit.

Who lost S$2.8m in Olam’s commodity financial business?

It recorded a quarterly loss of S$2.8m versus 1QFY11’s S$4.4m profit.

Olam International profit up 15.1% to S$34.2mn

The company was able to weather the growing and spreading sovereign debt crisis as well as a looming banking and financial crisis in Europe, among...

China Minzhong profit up 77.9%

The company cited better product mix, improved yield from maturing farmland, and higher operating efficiency as the drivers.

Golden Agri-Resources profit up 11% to US$110m in the third quarter

GAR profit for the first nine months more than doubled to US$520m, thanks to the recovery of palm products output.

CEO resignation unrelated to quarterly loss, says Noble Group founder

Richard Elman, now acting chief executive, said Ricardo Leiman’s departure was planned for some time.

In a nut shell: Olam enters hazelnuts business

Olam will acquire 100% of equity interests in hazelnuts exporter from Turkey.

Noble Group reports first quarterly loss in over a decade

The company lost US$17m – an overturn from last year’s gain of over US$157m; so what happened?