Eriez® announces its manufacturer’s representative agency PT Jayatech Palmindo, a leading equipment and service provider for the palm oil industry, recently opened new branch locations in Pekanbaru, Sampit, and Pontianak, Indonesia. PT Jayatech Palmindo continues to serve customers from its head office in Medan, where they offer equipment service and repairs. “The expansion of PT Jayatech Palmindo throughout Indonesia supports Eriez’ dedication to growing our reach in the APAC … [Read more...] about Eriez® Expands On-The-Ground Presence to Better Serve the Indonesia Palm Oil Industry
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Golden Agri-Resources delivers a robust performance in the first half of 2022 amidst industry volatility
Golden Agri-Resources Ltd ("GAR" or the "Company") continued to perform robustly during the first semester of 2022, delivering a strong set of results amidst increased volatility in the industry. EBITDA reached US$807 million, a 54 percent increase year on year. Underlying profit and net profit were also strong at US$407 million and US$390 million, respectively. This performance was achieved on the back of a 23 percent year-on-year increase in revenue to almost US$5.5 billion, mainly … [Read more...] about Golden Agri-Resources delivers a robust performance in the first half of 2022 amidst industry volatility
Cargill expands specialty fats production in Malaysia
Following a growing customer demand for specialty fats, Cargill has invested $100 million to further upgrade its dedicated facility in Port Klang, Malaysia. This plant will host dry palm fractionation equipment and other state-of-the-art tools to help it continue to supply the ingredient to the Asia-Pacific region. Additionally, the company intends to enhance its Malaysia Edible Oils R&D Center by improving currently installed lab equipment. These upgrades will allow the company to house … [Read more...] about Cargill expands specialty fats production in Malaysia