Palmco to increase fatty acids and glycerine production
- Book ID
- 104389614
- Publisher
- Elsevier Science
- Year
- 2002
- Weight
- 31 KB
- Volume
- 2002
- Category
- Article
- ISSN
- 1351-4210
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β¦ Synopsis
Oleochemicals sales to stay strong, says Southern Acids
Southern Acids (M) Bhd expects the sales of its oleochemicals division to remain strong following the subsiding impact of 11 Sep 2001 attacks and slowly picking up world economy. However, the company is of the view that profits could suffer if the raw materials prices continue to increase and if the increases are not transferred to selling prices. In order to remain competitive, Southern Acids (M) is working to increase its productivity besides focusing on research and development.
π SIMILAR VOLUMES
2007 up to the peak in mid-2008, the oils and fats sector saw prices grow by more than 100%. The strong increase in commodity prices triggered fears of growing worldwide inflation and declining food inventories. Government policy changes aimed at curbing inflation and falling food stocks further dro