Cepsa expands bio-based chemicals production
Chemical

Cepsa expands bio-based chemicals production

The expansion is expected to advance SCPL’s growth strategy, to contribute to solving environmental challenges, including climate change, and to support sustainable farming practices in Indonesia

  • By ICN Bureau | November 14, 2022
Sinarmas Cepsa Pte Ltd (SCPL) and its parent companies, the chemicals business of CEPSA and agribusiness Golden Agri-Resources (GAR), today signed a Memorandum of Understanding to expand the production of bio-based chemicals at SCPL’s site in Lubuk Gaung, Indonesia. The site is ideally positioned to serve customers worldwide and the existing facility, which started production in 2017, is fully utilised.
 
SCPL has a strong ambition to grow along the fatty alcohols value chain, with sustainable development at the heart of its strategy and operations. Global demand for fatty acids and natural alcohols is driven by growing demand for home and personal care products, as well as increasing demand for sustainable, bio-based solutions across a variety of the industries SCPL serves.
 
The expansion is expected to advance SCPL’s growth strategy, to contribute to solving environmental challenges, including climate change, and to support sustainable farming practices in Indonesia. Pending final investment decisions, this incremental production will bring additional employment and economic benefits to the local community.
 
“Sustainably sourced, bio-based alternatives are key requirements for our customers and the markets we serve” said Kung Chee Wan, CEO of SCPL. “We are excited to grow with our customers and increase the scale of our sustainable and traceable integrated supply chains.”

Register Now to Attend NextGen Chemicals & Petrochemicals Summit 2024, 11-12 July 2024, Mumbai

Other Related stories

Startups

Petrochemical

Energy

Digitization