KUALA LUMPUR, Oct 2 (Reuters) - Malaysia's Sime Darby Plantation Bhd SIPL.KL flagged concern on Fri
KUALA LUMPUR, Oct 2 (Reuters) – Malaysia’s Sime Darby Plantation Bhd SIPL.KL flagged concern on Friday relating to a attainable ban by customs authorities in the USA, a key rising marketplace for the agency on the planet’s second largest producer and exporter of palm oil.
After reviews this week recognized Sime Darby as the subsequent goal of an import ban by U.S. Customs and Border Safety (CBP), the corporate mentioned it had not been given a possibility to clarify a petition filed towards it.
Regardless of makes an attempt to interact with the company, it added in an announcement, Sime Darby had been unable to deal with issues raised within the petition filed with the CBP by a non-government organisation.
Sime Darby’s annual exports to the USA are valued at about $5 million, it added.
(Reporting by Liz Lee; Enhancing by Clarence Fernandez)
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