Starting from the top - Wilmar
Updated: Oct 20, 2018
During the course of 2017-2018, Milestone conducted experiments with Wilmer's oil, the experiments were successful. After technological due diligence, Wilmer informed Milestone, through a Singapore middleman, that Wilmar is convinced that Milestone's technology works and wants to continue testing.
After Milestone completes the regulatory procedures, the two will continue the testing at the Wilmer facilities in East Asia.
Following the success of these experiments, the companies will negotiate the use of Milestone technology at Wilmer facilities.
Milestone's Rִַַַ&D team is exploring the application of the technology in the CPO mills for the production of crude palm oil without acidity, as well as improving the refinery method for removal of the acidity with minimal heating in order to prevent the change the oil structure and the formation of carcinogenic fatty acids that are created by the high heating.
Wilmar International Limited, founded in 1991 and headquartered in Singapore, is today Asia’s leading agribusiness group. Wilmar is ranked amongst the largest listed companies by market capitalisation on the Singapore Exchange.
Wilmar’s business activities include oil palm cultivation, oilseed crushing, edible oils refining, sugar milling and refining, manufacturing of consumer products, specialty fats, oleochemicals, biodiesel and fertilisers as well as flour and rice milling. At the core of Wilmar’s strategy is an integrated agribusiness model that encompasses the entire value chain of the agricultural commodity business, from cultivation, processing, merchandising to manufacturing of a wide range of agricultural products. It has over 500 manufacturing plants and an extensive distribution network covering China, India, Indonesia and some 50 other countries. The Group has a multinational workforce of about 90,000 people. Wilmar engages in oil palm cultivation and milling, and is one of the largest oil palm plantation owners in Indonesia and Malaysia.
Apart from plantations, Wilmar also owns palm oil mills to process fruits from own and surrounding plantations. The key products of oil palm cultivation and milling are crude palm oil and palm kernel which are mostly supplied to our Tropical Oils Manufacturing.