Sinarmas Cepsa announces biobased chemicals capacity expansion in Indonesia
Type of post: NEWS IN BRIEF.
Sinarmas Cepsa Pte Ltd (SCPL) and its parent companies, the chemicals business of CEPSA and agribusiness Golden Agri-Resources (GAR), have signed a Memorandum of Understanding to expand the production of bio-based chemicals at SCPL’s site in Lubuk Gaung, Indonesia.
Press release: "Sinarmas Cepsa Pte. Ltd. signs agreement to expand bio-based chemicals production", 08/11/2022.
Related post: "Sinar Mas Cepsa starts up production at vegetable-based alcohols plant in Indonesia", 15/09/2017.
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.