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Eagle High Plantations, formerly known as BW Plantation, is an Indonesian company active in oil palm plantations and palm oil manufacturing. [1] It is listed since 2009 on the Indonesia Stock Exchange as BWPT. [2]
It is listed on the Alternative Investment Market (AIM) of the London Stock Exchange. Equatorial Palm Oil plc was founded in 2005. [2] Effective 20 December 2013, KL-Kepong International Ltd, a wholly owned unit of Kuala Lumpur Kepong Berhad acquired 63.181% interest in Equatorial Palm Oil PLC. [3]
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Golden-Agri Resources (GAR) is a Singaporean palm oil company, listed on the Singapore Stock Exchange since 1999. [1] In May 2015, its market capitalization was $4.1 billion. [2]
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In August 2021, Colgate-Palmolive publicly disclosed the "forest impact of its palm oil supply chain in the Indonesian province of North Sumatra", showing the impact on the rainforests and the indigenous people who live there. [34] In November 2023, Colgate-Palmolive received a "D-" on their RAN scorecard. [35]
Wilmar was founded by Kuok Khoon Hong and Martua Sitorus on 1 April, 1991 [15] and commenced operations as a palm oil trading company.. Forbes named Kuok the twelfth richest person in Singapore in 2021 [16] and Martua is the twelfth richest person in Indonesia.
Malaysia's oil palm average yield for the last 20 years has been stagnant at four tonnes per hectare per year. [9] Nestlé stopped buying palm oil from IOI in 2016. [10] The United Nations Environment Programme says palm oil production is the leading cause of deforestation, which is occurring at a rate of about two per cent per year.