Singapore`s Wilmar plans US$400 mln CPO complex in E. Java

Antara News, Wednesday, February 24, 2010 21:37 WIB

Jakarta (ANTARA News/Asia Pulse) - Singapore-based Wilmar International Ltd (SGX:KD3), one of the world's largest producers of crude palm oil (CPO) hopes to start the operation of a US$400 million project in Gresik, East Java in the middle of this year.

Construction of the integrated industrial complex including cooking oil refinery, packaging, oleochemical, biodiesel and NPK fertilizer factories, began late 2009.

Wilmar is also building supporting infrastructure including a special quay and power plant, the newspaper Investor Daily said.

Source:
Business in Asia Today - Feb.24, 2010
published by Asia Pulse

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