Page 159 - CW E-Magazine (23-7-2024)

News from Abroad

GROWING PRESENCE
KLK expands oleochemicals processing capacity

in China

KLK Oleo, the oleochemicals manu-
facturing division of Kuala Lumpur
Kepong Berhad (KLK), the Malaysian
plantations group, has inaugurated a
new high-purity fatty acids and glyce-
rine plant in Zhangjiagang, Suzhou
located in the Jiangsu province of China,
bringing the facility’s processing
capacity to 500-ktpa.

Before 2024, the company already
had a processing capacity of 300-ktpa
of palm oil, triacetin, and fatty acid
ester products, with a production of
350-ktpa of fatty acids and derivatives.

Malaysia’s Deputy Minister of
Plantation and Commodities Datuk
Chan Foong Hin officiated the launch TPOZ was incorporated in January in realising this vision. It has enabled
of new facility. 2004 while its first plant was commis- us to cater to a growing market, cater-
sioned in 2006. It produces fatty acids, ing to both domestic consumption and
The oleochemical complex located glycerine, soap noodles, triacetin and international export,” said Mr. Kow
on 58-acres is owned and operated fatty acid esters. Tiat Yong, Deputy CEO of KLK Oleo.
by KLK Oleo’s wholly-owned subsi- “Our objective has always been clear:
diary, Taiko Palm-Oleo (Zhangjiagang) “Our journey began with the vision to enhance our production capacity and
Co. Ltd. (TPOZ). The expansion makes of becoming an integrated player in the seize the opportunities presented by the
TPOZ one of the largest and most tech- oils and fats sector, both locally and burgeoning market in China,” he added.
nologically advanced oleochemical internationally. The presence of our faci- KLK did not disclose the capital expen-
production plants in China. lity in Zhangjiagang has been pivotal diture for the new plant.

PAPER & PACKAGING
Kodiak acquires Southern Adhesives and Coatings

Kodiak, a US-based supplier of Oklahoma (USA), where they manu- these industries are divided into three
specialty chemicals for the steel, auto- facture speciality powders and process categories – hot melt, waterborne, and
motive, energy, and aerospace indus- fluids for the wire drawing industry. solvent-based systems.
tries, has announced the acquisition
of Southern Adhesives and Coatings. Southern Adhesives and Coatings, “By acquiring Southern Adhesives
This is Kodiak’s second acquisition this based in Madeira, Ohio, is a boutique and Coatings we continue to execute
year, and it strategically enables them supplier to the paper and packaging our growth strategy – expanding our
to target the paper and packaging indus- industries, providing speciality pro- product portfolio, while consolidating
tries. ducts for applications such as laminat- manufacturing in our state-of-the-art
ing paper and cardboard, gluing labels, facilities located in Cincinnati, Ohio
Earlier this year, Kodiak acquired and lining food packages – including and Wayne, Oklahoma,” said Mr. Kevin
Aztech Lubricants and Technologies in beverage cans. The adhesives used in Dickey, CEO of Kodiak.

Chemical Weekly July 23, 2024 159

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