Kuala Lumpur Kepong Bhd is seeking acquisition opportunities for its oleochemicals business to expand capacity and meet rising global demand for its products, Chief Executive Officer Lee Oi Hian told reporters at a briefing near Kuala Lumpur.
The company is also exploring opportunities to expand its landbank to 300,000 hectares for rubber and oil palm from 250,000 hectares.
The Malaysian company may build at least two more palm oil mills in the next few years in Indonesia to add to three other mills there which are currently under construction, he told reporters in Petaling Jaya, Selangor.
It also plans to start construction on three refineries in Indonesia soon, he said. -- Bloomberg
The company is also exploring opportunities to expand its landbank to 300,000 hectares for rubber and oil palm from 250,000 hectares.
The Malaysian company may build at least two more palm oil mills in the next few years in Indonesia to add to three other mills there which are currently under construction, he told reporters in Petaling Jaya, Selangor.
It also plans to start construction on three refineries in Indonesia soon, he said. -- Bloomberg
