Sime Darby Plantations eyes Latin America deals


The Bursa Malaysia-listed firm has Latin America

KUALA LUMPUR: Sime Darby Plantation Bhd, the world’s largest oil palm planter, is looking to buy refineries in Latin America as it grapples with poor margins and mounting costs at home.

The Bursa Malaysia-listed firm has Latin America “on the radar” as it looks to expand its global refining capacity, said Mohd Haris Mohd Arshad, the chief operating officer of the downstream business.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Sime Darby , eyes , Latin America , Mohd Haris , margins , downstream ,

Next In Business News

Wasco to gain from transition to renewables
CPO prices to stay range-bound in February
Steel Hawk unit secures Sabah contract
Oxford Innotech wins RM4.8mil data centre job
MAG makes new executive leadership appointments
KIP-REIT expects higher traffic at its malls
Glovemakers shift focus as China floods markets
Strata overhang to ease if prudence continues
Carimin acquires 19.5% stake in Sealink International for RM40mil
Sunway to proceed with IJM takeover�

Others Also Read