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NewsSime to boost oil & fat biz in South Africa
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Sime to boost oil & fat biz in South Africa
by hlk Fri 09 Dec 2011, 13:48
JOHANNESBURG:Sime Darby Group plans to further expand its oil and fats
business in South Africa with the setting up of a packaging facility and
another refinery in the future.
Its South Africa unit, Sime Darby Hudson & Knight (Pty) Ltd, was
expected to set up the packaging facility, a company official said.
The official said this at a briefing for Minister of Plantation
Industries and Commodities, Tan Sri Bernard Dompok, and his delegation
during a visit to the refinery in Boksburg yesterday.
The official said the expansion, which started with the packaging
facility, was in the final preparation stage as the group found new
marketing opportunities for its products in neighbouring territories and
countries.
"The new refinery will come in later when demand has increased
sufficiently," he said.
The Sime Darby Hudson & Knight refinery has a capacity for 160,000 tonnes with about 80 per cent utilisation.
About half of the refinery output is for Unilever.
Sime Darby group is a major investor in the oil and fats business in Africa.
Apart from the refinery, it also currently developing plantation in Liberia. - BERNAMA
business in South Africa with the setting up of a packaging facility and
another refinery in the future.
Its South Africa unit, Sime Darby Hudson & Knight (Pty) Ltd, was
expected to set up the packaging facility, a company official said.
The official said this at a briefing for Minister of Plantation
Industries and Commodities, Tan Sri Bernard Dompok, and his delegation
during a visit to the refinery in Boksburg yesterday.
The official said the expansion, which started with the packaging
facility, was in the final preparation stage as the group found new
marketing opportunities for its products in neighbouring territories and
countries.
"The new refinery will come in later when demand has increased
sufficiently," he said.
The Sime Darby Hudson & Knight refinery has a capacity for 160,000 tonnes with about 80 per cent utilisation.
About half of the refinery output is for Unilever.
Sime Darby group is a major investor in the oil and fats business in Africa.
Apart from the refinery, it also currently developing plantation in Liberia. - BERNAMA
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