Louis Dreyfus to expand Indonesia palm oil refining business, executive says

SINGAPORE : Agricultural commodity service provider Louis Dreyfus Firm (LDC) is expanding its palm oil refining replace in Indonesia, which is able to encompass development of a unique glycerine plant and greater manufacturing of biodiesel, a senior company legitimate stated.

LDC, which processes agricultural goods, has been expanding its operations in Asia to tap into the growing effect a question to for meals products.

“LDC is investing significantly to develop its refining complex in Lampung with the addition of a unique glycerine refining plant, fit to be eaten oil packing plant and warehouse,” Rubens Marques, LDC’s chief govt for South and Southeast Asia, told Reuters this week.

“These developments toughen our technique to diversify earnings via brand-added products by driving operational efficiency and synergies on the positioning.”

The glycerine refining plant in Lampung can have an annual manufacturing skill of 55,000 metric tons, basically serving producers of meals, pharmaceutical and non-public care products.

Plant development is expected to birth out this month and operations are scheduled to birth out interior 18 months, Marques added.

“Our biodiesel skill is furthermore being augmented on the positioning, to toughen no longer most efficient elevated manufacturing of biodiesel but furthermore as an extra supply of crude glycerine, a byproduct to be old within the newly established glycerine refinery.”

RICE & COFFEE

In efforts to make stronger its local presence, LDC role up a crew in 2023 to have an effect on rice origination in India, the world’s prime exporter of the grain, to purchase rice at as soon as from farmers and sell it in local as successfully as international markets.

“Our focal point on people in India targets to leverage local expertise, and we will continually assess the necessity for identical groups in diverse international locations to toughen our development plans and ambitions,” Marques stated.

Last yr, the corporate started an instantaneous espresso plant in Vietnam in a three device partnership with Instanta, which has an annual manufacturing skill of 5,600 metric tons.

“Coffee products from this plant are basically focused for export, catering to established markets within the EU as successfully as emerging markets in Asia,” he stated.