Wilmar buys another sugar refiner - report

Wilmar buys another sugar refiner - report

(ADPnews) - Oct 12, 2010 - Wealth Anchor Pte Ltd, a subsidiary of Singapore-based palm oil producer Wilmar International (SIN:F34), bought 100% of Indonesian sugar refiner PT Jawamanis Rafinasi (JMR), local daily The Indonesia Today reported yesterday.

JMR owns and operates a sugar refinery, producing 1,000 tonnes of sugar per day for international companies and big Indonesian food producers.

Wilmar bought another sugar refiner in July this year -- Sucrogen, the sugar and renewable energy unit of Australian CSR Ltd (ASX:CSR).

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