Branching out beyond palm oil

FOR 45 years, palm oil has been the engine of IOI Corp Bhd’s growth. Now, Datuk Lee Yeow Chor wants to ensure the group’s future does not depend on a single commodity.

The group is putting its land, plantation waste and downstream expertise to work in new ventures spanning solar energy, biomass, coconut and higher-value ingredients, the chief executive officer tells StarBiz 7 in a rare media interview.