Wilmar JV in tie-up with major palm oil refiner in India

Singapore

A JOINT venture of Wilmar International is tying up with India's biggest palm oil refiner Ruchi Soya to create a new company that will cater to increasing domestic food demand in India.

The joint-venture company to be formed between Ruchi Soya and Adani Wilmar - itself a joint venture between Wilmar and Adani Enterprises - will own and manage all procurement, sales and marketing businesses of both parties. Integrating these functions will help both to increase efficiencies and rationalis…