Cargill is investing US$200 million in a new palm oil refinery in Lampung, Indonesia, which will accelerate Cargill’s efforts to develop a sustainable, traceable palm oil supply chain for its customers.
The new refinery will play a key role in connecting sustainable crude palm oil production in Indonesia to demands in North America and Europe via a fully integrated supply chain from plantation to customer. With the new refinery, Cargill will be able to meet customers’ evolving expectations around sustainability and transparency by guaranteeing traceability to plantation and improved product quality standards.
Palm oil, an important ingredient in nourishing the world’s population, has experienced strong demand in recent years, with Indonesia as the largest producer and exporter. Palm oil is a high yielding and highly versatile oil that is not only used as cooking oil, but also used to create flavour and texture in many foods, and works as a stabilising, binding and foaming agent in many everyday household products.
The new state-of-the-art facility will be completed in late 2022, with palm oil from the refinery to be produced according to the principles set out in Cargill’s Policy on Sustainable Palm Oil and will help provide greater transparency through increased traceability-to-plantation.
Robert Aspell, President of Cargill Asia Pacific said, “This fully integrated supply chain offers our customers assurance that stringent production requirements and the highest product quality are achieved.”
The new refinery project in Lampung will further strengthen Cargill’s position as a supplier of choice for sustainable palm oil.
