23 Numbers That Show Why Wilmar International Limited Is an Asian Agri-Business Powerhouse

Wilmar International Limited (SGX: F34) was founded over 25 years ago.

The conglomerate is considered to be Asia’s leading agri-business group and its business activities stretch far and wide across the continent. It deals with palm oil, sugar, grains and more.

Wilmar’s 2015 annual report provides more information about its scale in Asia. Here’re 23 key figures investors might want to know about:

  1. Wilmar has over 500 manufacturing plants and an extensive distribution network covering some 53 countries including China, India, and Indonesia. The conglomerate has a massive workforce of about 92,000 people.
  2. Wilmar’s key market – Asia – has 30% of the world’s land area and 60% of the global population. Wilmar also has a considerable business footprint in the top three most populous Asian countries: China, India, and Indonesia. Their population sizes are estimated at 1.36 billion, 1.26 billion, and 248.4 million, respectively. By 2050, it is estimated that Asia will have a population of 5.3 billion.
  3. Wilmar’s scale within China is massive. It has over 300 manufacturing plants and more than 22,000 employees. Wilmar estimates that it has a 45% share of the consumer pack edible oils market, making it the largest in China.
  4. Over in India, Wilmar has a 50:50 joint venture with the Adani Group. The JV controls 20% of the consumer pack edible oils market in the country and is considered a leading edible oils refiner and oilseed crusher. Wilmar has over 40 manufacturing plants in India.
  5. Over in Indonesia and Malaysia, Wilmar is one of the largest oil palm plantation owners with a planted area of about 167,000 hectares and 58,000 hectares, respectively. Wilmar also has a market share of over 30% in branded consumer pack oils in both countries, making it the largest producer. The company is one of the top two sugar refiners in Indonesia as well. The conglomerate has over 180 manufacturing plants and more than 60,000 employees in Indonesia and Malaysia.
  6. Among the 2015 highlights, Wilmar partnered Hong Kong-based First Pacific Company Limited in a 50:50 joint acquisition of Goodman Fielder. The latter is considered to be Australasia’s leading food company. Wilmar believes that the acquisition is an opportunity to create a leading Asia-Pacific consumer food business.
  7. Wilmar is also making further inroads into Vietnam. Wilmar and Saigon Union of Trading Cooperatives (Vietnam’s largest supermarket chain) formed a 51:49 joint venture in October 2015 called Nam Duong International Foodstuff Corporation. Wilmar is the top producer of consumer pack edible oils in Vietnam.
  8. Over at Myanmar, Wilmar formed a 55:45 joint venture with Great Wall Food Stuff Industry in April 2014. The joint venture is now Myanmar’s largest producer of sugar. Wilmar is also Myanmar’s largest seller of palm oil.

All the data above gives investors a sense of Wilmar’s scale of operations and its business activities in Asia. To learn more, take a look at its annual report.

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The information provided is for general information purposes only and is not intended to be personalised investment or financial advice. Motley Fool Singapore contributor Chin Hui Leong doesn’t own shares in any companies mentioned.