Tereos-Wilmar JV authorised
Thursday 12 July 2012
The European Commission approved, on 12 July, the creation of a joint venture by the French cooperative agro-industrial group Tereos and Singapore-based Wilmar Group. The new company, Dongguan Yihai Kerry Syral Starch Technology Co Ltd, will operate in China and South-East Asia in the sectors of manufacturing and sale of food ingredients, natural food additives and biofeed. Tereos specialises in the processing of sugar beet, sugar cane and grains into a variety of starch products, alcohols, bioethanol and coproducts for animal feed. Wilmar is active in oil palm cultivation, oilseeds crushing and processing and merchandising of edible oils, specialty fats, oleochemicals, biodiesel and grains.