Eng - IOI Group

OLEOCHEMICALS MANUFACTURING
The principal activities of the Oleochemical sub-segment are the
manufacturing and sales of fatty acids, glycerine, soap noodles
and fatty esters. These versatile products are used in a wide variety
of applications, including manufacturing of detergents, surfactants,
shampoo, soaps, cosmetics, pharmaceutical products, food
additives and plastics. The oleochemical products are exported to
more than 60 countries worldwide mainly to Europe, Japan and
China. Its customers include some of the world’s largest multinational
corporations.
Refining
IOI Group owns four palm oil refineries, three located in Malaysia
and one in Netherlands. They have a combined annual refining
capacity of 3,300,000 MT.
In Malaysia, two of the refineries are situated in Pasir Gudang,
Johor. They have a combined annual refining capacity of 1,100,000
MT. The third refinery in Malaysia is located in Sandakan, Sabah and
has an annual refining capacity of 1,000,000 MT. The fourth refinery
located in Rotterdam, Netherlands has an annual refining capacity
of 1,200,000 MT. Our refineries are strategically located along the
major shipping routes with direct port access.
The oleochemicals manufacturing activities are undertaken in Penang
and Johor by various wholly-owned subsidiaries of IOI Oleochemical
Industries Berhad and the Pan-Century group of companies. With
a combined total capacity of 710,000 MT, the Oleo sub-segment is
one of the leading vegetable-based oleochemical producers in the
world.
The successful integration of the overall supply chain and the
streamlining of its product branding has enabled the Oleo subsegment
to attain greater economies of scale and to better meet
and satisfy customer needs. This is in line with the Group’s business
philosophy to develop our existing customers into long term business
partners.
These refineries produce palm and palm kernel oil fractions for
export as well as feedstock for the Group’s downstream activities.
Our manufacturing premises are ISO 9001:2000 and HACCP
accredited. In addition, in line with the Group’s commitment to
the Roundtable Sustainable Palm Oil (“RSPO”), our refineries are
RSPO-certified to handle segregated RSPO oil on a large scale.
With the Group’s integrated business model from plantation to
specialty fats and oleochemicals, our refineries play an important
role in the supply chain and we are in a favourable market position
to cater our customers’ needs.
annual report 2011 • ioi corporation berhad
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