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Why is Cargill Building a new palm oil refinery?
Cargill is building a new US$200 million (€170 million) palm oil refinery. The new plant in Lampung will accelerate Cargill’s efforts to develop a sustainable palm supply chain and provide verified deforestation free products to customers.
Will POSCO build a palm oil refining plant?
POSCO International Co., a trading arm of South Korea’s steel giant POSCO Co., will build a palm oil refining plant to foray into the growing refined vegetable oil market, the company said on Tuesday.
What is edible oil refinery plant & vegetable oil refining plant?
We possess technological expertise in the manufacturing of Edible Oil Refinery Plants and Vegetable Oil Refinery Plants. Our machinery is suitable for crushing and refining of all types of oil seeds such as groundnut, sunflower, soyabean, palm kernel, mustard, copra, sesame seed, rapeseed, linseed, cotton seed etc.
How will a new palm oil refinery benefit Indonesia?
With the new refinery, the firm will be able to meet customers’ evolving expectations around sustainability and transparency by guaranteeing traceability to plantation and improved product quality standards. Palm oil has experienced strong demand in recent years, with as the largest producer and exporter.
What will Indonesia's new refinery do?
The new refinery will play a key role in connecting sustainable crude palm oil production in to demands in North America and Europe through a fully integrated supply chain from plantation to customer.
What is palm oil refining?
Palm oil refining is the process of filtering out impurities from oil produced in palm oil plantations. Refined palm oil is used for cooking and beauty products, and as a bioenergy source. POSCO plans to sell the refined vegetable oil both and other countries, including South Korea and China.