Friday, March 26, 2010

Breaking News-RTRS-UPDATE 2-Cargill warns Indonesian planter, expansion seen curbed

JAKARTA, March 25 (Reuters) - Agribusiness giant Cargill Inc [CARG.UL] has threatened to delist Indonesian planter Sinar Mas as a palm oil supplier over allegations of illegal logging -- a move that may curb future industry expansion.
Cargill may join top palm oil buyers Unilever and Nestle who have already said they would stop buying palm oil from Sinar Mas after Greenpeace released a report showing the planter cleared rainforests.