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In another move, a group of palm growers as well as palm oil processors and consumer goods producers came together in September to collectively address sustainability issues, according to an initiative led by Apical Group, the Singapore-based palm oil exporter that also produces palm oil in Indonesia.

Singapore-headquartered palm oil operator Apical has secured funding through a borrowing base facility syndicated to local and European institutions.

Singapore-headquartered palm oil operator Apical has secured $350 million in funding through a borrowing base facility syndicated to local and European institutions.