Friday, December 9, 2011

Sime to expand oil, fats biz in S. Africa

JOHANNESBURG (Dec 9): 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 on Thursday.

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 is also currently involved in setting up plantations in Liberia. - Bernama

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