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Monday, February 7, 2011

Wilmar to invest $900 mln in palm oil product plants in Indonesia

Singapore's Wilmar , the world's largest listed palm oil firm, will invest $900 million to build factories producing products from palm oil in Indonesia, an Indonesian government minister said on Monday.

"Wilmar will build six factories of CPO end products such as soap and margarine. The company will start to build in the first quarter this year,' said Minister of Industry M.S Hidayat. Source: Reuters

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