22 April 2004

Pan-Century to invest RM400m to boost operations

Pan-Century Oleochemicals Sdn Bhd (PCO) will invest RM400 million into its Pasir Gudang operations as part of a major expansion exercise which includes its merger with sister company Pan-Century Edible Oil Sdn Bhd (PCEO). The company also intends to physically expand by constructing additional buildings.

Both PCO and PCEO, situated side by side in the Pasir Gudang Industrial Estate, are owned by the Aditya Birla Group, India’s second largest conglomerate. PCO manufactures glycerine and fatty acids with a capacity of 125,000 tonnes per annum. PCEO is one of the world’s largest integrated palm oil refinery at a single location with an annual capacity exceeding 1 million mt of refined palm oil, fatty acids, soap noodles and hydrogenated palm olein.

Source: www.oleoline.com vom 2004-04-22.

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