Oleochemicals manufacturers currently operating in the Pasir Gudang industrial estate, India, will make investments of about RM 300 million under their expansion programme within the next two years. Pasir Gudang local council president Tan Sri Muhammad Ali Hashim said the additional investments were for downstream activities to cater for a rise in demand for palm oil by-products. He said there were at present five to seven oleochemicals manufacturers producing fatty acids, crude and refined glycerine, stearic acid and cuprylic acid in the area. Among the major manufacturers are Kulim (M) Bhd’s Natural Oleochemicals Sdn Bhd and Pan Century Oleochemicals Sdn Bhd. Ali, who is also Johor Corp.’s chief executive officer, said the palm oil by-products had wide applications including in food and beverage production and health and beauty products.
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