Wilmar plans CPO complex in Java

Singapore-based Wilmar International Ltd., one of the world’s largest producers of crude palm oil (CPO) hopes to start the operation of a US$400 million project in Gresik, East Java in the middle of this year. Construction of the integrated industrial complex including cooking oil refinery, packaging, oleochemical, biodiesel and NPK fertilizer factories, began late 2009. Wilmar is also building supporting infrastructure including special quay and power plant, the newspaper Investor Daily said. Most of the facilities are still under construction. (February 24, 2010)