Procter and Gamble Chemicals Announces Oleochemical Supply Agreement With Sawit Mas of Indonesia
Posted by Labels: Domba Mas, Procter and GambleProcter and Gamble today re-affirmed its commitment to long-term sourcing of oleochemicals from Indonesia by extending its agreement to purchase fatty acids and alcohols from the Domba Mas Group.
Procter and Gamble has signed contracts with the Domba Mas Group in excess of US$ 1.0 billion for the purchase of the output of the oleochemical site being built by the DOMBA MAS GROUP at Kuala Tanjung in Sumatera Utara over a ten-year period. The products will include over 200,000 tons/year of oleochemicals: 160,000 tons of fatty alcohols from two units - the first of capacity 40,000 tons built by PT Domas Agrointi Prima, the second of 120,000 tons to be built by PT Sawitmas Agro Perkasa - plus fatty acids and glycerine. The products will be used as raw materials in Procter and Gamble's Beauty and Fabric Care businesses around the world, and also marketed to the global chemical industry by Procter and Gamble Chemicals. The Kuala Tanjung site will employ up to 800 people adding value to the products of Domba Mas's palm-oil plantation business. The start-up of this site will make Indonesia the world's largest producer of natural fatty alcohol.
"We are highly committed to this project and to our Indonesian partners, the Domba Mas Group", said Ian Edwards, global Vice President, Procter & Gamble Chemicals. "Oleochemicals are important raw material for Procter and Gamble's consumer products businesses, and this will be an integral part of our global supply network". Martin Herrington, Managing Director, P and G Chemicals, Asia added: "We have chosen to work with the Domba Mas Group because they have selected world-class technology and developed a great location for what will be a world-scale plant. We are collaborating closely with them and provide strong technical and manufacturing support to ensure that the project will be a success, producing top-quality raw materials to meet the needs of our customers worldwide."
"PandG is committed to the long-term growth and development of our business in Indonesia. This is demonstrated by both our significant investments in new product introductions containing the latest world class technologies to meet the needs of the Indonesian consumer as well as developing business partnerships in the Indonesian economy. We also continue to invest in the training and development of our Indonesian employees as we hire additional employees to support our growth and to invest in their capability development, primarily through training, both overseas and locally" said Raul T. Falcon, The President Director of PT Procter and Gamble Home Products Indonesia.
About Procter and Gamble Chemicals P and G Chemicals, a business unit of the Procter and Gamble Company, is a global marketer of fatty alcohols, methyl esters, fatty acids, glycerine and tertiary amines. P and G Chemicals has sales offices in Cincinnati, Ohio, London, England, Mexico City, Mexico, Singapore and Kobe, Japan.
Two billion times a day, P&G brands touch the lives of people around the world. The company has one of the largest and strongest portfolios of trusted, quality brands, including Pampers®, Tide®, Ariel®, Always®, Whisper®, Pantene®, Bounty®, Pringles®, Folgers®, Charmin®, Downy®, Lenor®, Iams®, Crest®, Actonel®, Olay® and Clairol Nice 'n Easy®. The P&G community consists of nearly 98,000 employees working in almost 80 countries worldwide.
Procter and Gamble has signed contracts with the Domba Mas Group in excess of US$ 1.0 billion for the purchase of the output of the oleochemical site being built by the DOMBA MAS GROUP at Kuala Tanjung in Sumatera Utara over a ten-year period. The products will include over 200,000 tons/year of oleochemicals: 160,000 tons of fatty alcohols from two units - the first of capacity 40,000 tons built by PT Domas Agrointi Prima, the second of 120,000 tons to be built by PT Sawitmas Agro Perkasa - plus fatty acids and glycerine. The products will be used as raw materials in Procter and Gamble's Beauty and Fabric Care businesses around the world, and also marketed to the global chemical industry by Procter and Gamble Chemicals. The Kuala Tanjung site will employ up to 800 people adding value to the products of Domba Mas's palm-oil plantation business. The start-up of this site will make Indonesia the world's largest producer of natural fatty alcohol.
"We are highly committed to this project and to our Indonesian partners, the Domba Mas Group", said Ian Edwards, global Vice President, Procter & Gamble Chemicals. "Oleochemicals are important raw material for Procter and Gamble's consumer products businesses, and this will be an integral part of our global supply network". Martin Herrington, Managing Director, P and G Chemicals, Asia added: "We have chosen to work with the Domba Mas Group because they have selected world-class technology and developed a great location for what will be a world-scale plant. We are collaborating closely with them and provide strong technical and manufacturing support to ensure that the project will be a success, producing top-quality raw materials to meet the needs of our customers worldwide."
"PandG is committed to the long-term growth and development of our business in Indonesia. This is demonstrated by both our significant investments in new product introductions containing the latest world class technologies to meet the needs of the Indonesian consumer as well as developing business partnerships in the Indonesian economy. We also continue to invest in the training and development of our Indonesian employees as we hire additional employees to support our growth and to invest in their capability development, primarily through training, both overseas and locally" said Raul T. Falcon, The President Director of PT Procter and Gamble Home Products Indonesia.
About Procter and Gamble Chemicals P and G Chemicals, a business unit of the Procter and Gamble Company, is a global marketer of fatty alcohols, methyl esters, fatty acids, glycerine and tertiary amines. P and G Chemicals has sales offices in Cincinnati, Ohio, London, England, Mexico City, Mexico, Singapore and Kobe, Japan.
Two billion times a day, P&G brands touch the lives of people around the world. The company has one of the largest and strongest portfolios of trusted, quality brands, including Pampers®, Tide®, Ariel®, Always®, Whisper®, Pantene®, Bounty®, Pringles®, Folgers®, Charmin®, Downy®, Lenor®, Iams®, Crest®, Actonel®, Olay® and Clairol Nice 'n Easy®. The P&G community consists of nearly 98,000 employees working in almost 80 countries worldwide.
Please visit http://www.pginvestor.com/www.pg.com for the latest news and in-depth information about P andG and its brands.
Jakarta, 26, 2005
0 comments:
Posting Komentar