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Cargill to expand vegetable oil processing operations in Malaysia

Cargill will be investing US$50 million to expand its vegetable oil processing operations in Malaysia.

According to the company, the move will double its speciality fats production capabilities and increase overall processing capacity in Malaysia to 950,000 metric tonnes per year.

“We view Malaysia as an important hub to strengthen our downstream, value-added products business to enable us to better serve the growth of our valued customers in over 70 countries around the world,” said Thomas Polhill, managing director of Cargill Palm Products Sdn.Bhd, and country representative.

“Over 90 per cent of the downstream products from our new facility will be exported to foreign markets, which contribute directly to the foreign exchange earnings of Malaysia."

The construction of the plant is already underway and expected to be operational by mid-2011. The investment will create 100 jobs for Malaysians.

 

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