"Asia to drive growth to 2020" "Asia to drive growth to 2020!" "Indonesian Minister and RSPO open to collaboration on joint sustainable palm oil standard" 10/6/14, cosmeticsdesign-asia.com "Unilever to Begin Operation of North Sumatra Palm Oil Plant By End of the year" 5/6/14, thejakartaglobe.com According to Tata Strategic Management Group, increasing demand for biodegradable and sustainable products, coupled with recent changes in regulations, are increasing the importance of oleochemicals in various segments of the industry, notably polymers, lubricants and biosurfactants. Asia continues to drive demand in Oleochemicals, with Indonesia, Malaysia, China and India leading the trend. Indonesia's Ministry of Industry targets Indonesia to be the world's largest manufacturer of oleochemicals by 2020! As the largest producer of crude palm oil (CPO) in the world, Indonesia is likely to outnumber the world's industrial base oleochemicals in Malaysia, determined to further develop the processing industry to value add to the palm industry. With the recent biodiesel mandate in Indonesia, opportunities are aplenty for the biodiesel producers and suppliers. However, how will it impact the price of palm oil moving forward? With more companies joining the RSPO and moving towards sustainability and traceability, it is no longer a choice but a MUST to stay ahead of the game! What is the cost impact of RSPO certified products? What are the challenges of supplying RSPO certified oleochem and derivatives? Attend CMT's 2nd Oleochemicals Outlook on 26-27 August 2014 in Jakarta to get the latest insights in the Oleochemicals industry from the who's who in the entire value chain! |