Instead of the entire China market, the consortium could focus on cooking oil market in the southern region of China including Guangdong, Guangxi, Hainan and Fujian Province, where there is longer period in a year that palm olein could avoid from solidification problem, allowing it to be marketed throughout the year.
How many palm oil refineries are there in Malaysia?
With current refining capacity of 3.5 million MT per annum, we are one of the largest palm oil processors in the world. We currently have four refineries in Malaysia, two packing plants in Malaysia and one packing plant in Singapore.
What is cooking oil in Malaysia?
Cooking oil in Malaysia consists of edible vegetable oils derived from olives, peanuts, and safflowers, to name just a few of the many plants that are used. Liquid at room temperature, cooking oils are sometimes added during the preparation of processed foods. They are also used to fry foods and to make salad dressing.
How much palm oil is consumed in China?
The total consumption of palm oil among these industries accounts for approximately 70% of the total palm oil consumption in China. Nevertheless, most of the chefs, homemaker and bakers are not very familiar with the functional attributes of palm oil or palm fats or the health and nutritional benefits of palm oil.