IOI gets green trade financing facility

“IOI aims to take the lead in sustainable palm oil production and be at the forefront of sourcing for sustainably-produced palm oil,” said IOI managing director and chief executive Datuk Lee Yeow Chor.

PETALING JAYA: UOB Malaysia has extended a green trade finance facility under its UOB Green and Sustainable Trade Finance Framework to IOI Corp Bhd (IOI).

The integrated and sustainable palm oil company will utilise the financing facility to source certified palm oil to support its downstream resource-based manufacturing business. together with its business partners’ activities.