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Sime Darby Plantation considers exiting West Africa palm oil ops


KUALA LUMPUR: Sime Darby Plantation , the world’s biggest oil palm planter by land holdings, is considering exiting its palm and rubber operations in the West African nation of Liberia, industry sources said.

The potential move comes as the Malaysian company’s return on investment in Liberia has been lower than expected due to disappointing planting activity amid stricter new international environmental standards, the two sources said.

Corporate News , Plantations

   

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