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WLMIY Wilmar International Ltd (PK)

23.20
0.084 (0.36%)
05 Jul 2024 - Closed
Delayed by 15 minutes
Name Symbol Market Type
Wilmar International Ltd (PK) USOTC:WLMIY OTCMarkets Depository Receipt
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  0.084 0.36% 23.20 22.85 23.67 23.20 22.85 23.12 12,945 21:01:13

New Britain Palm: Agreement to Supply Oil to Europe

27/06/2013 10:55am

Dow Jones News


Wilmar (PK) (USOTC:WLMIY)
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From Jul 2019 to Jul 2024

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LONDON--Palm oil producer New Britain Palm Oil Ltd (NBPO.LN), Thursday announced an agreement with Olenex C.V.--a joint venture between Archer Daniels Midland Company or ADM and Wilmar International Ltd--to supply ADM and Wilmar with palm oil.

MAIN FACTS:

-The agreement between Olenex's parent companies and New Britain Palm Oil includes the supply of palm oil from New Britain Palm Oil to Wilmar's Brake facility in Germany, as well as the supply of palm oil from New Britain Palm Oil's refinery in Liverpool, U.K., to ADM's Pura Food Ltd. operations in London.

-New Britain Palm Oil shares at 0916 GMT up 3.0 pence, or 0.5%, at GBP4.96, valuing the company at GBP741.2 million.

-Write to Nick Kostov at nick.kostov@dowjones.com

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