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Golden Agri launches oleochemical plant
Indonesian factory gives the palm oil producer its first major downstream fatty alcohol facility
Published Thu, Sep 14, 2017 · 09:50 PM
Singapore
GOLDEN Agri-Resources on Thursday launched a 200 kilotonne-per-year oleochemicals plant in Indonesia, giving the world's second largest palm oil producer its first major downstream fatty alcohol facility.
The plant is owned by Sinar Mas Cepsa, a joint venture between Golden Agri, the palm oil unit of Indonesia's Sinar Mas group, and Spain-based oil and gas group Cepsa, and it represents a 300 million euro (S$481.6 million) investment from its owners, according to a statement by Golden Agri.
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