MOSCOW (MRC) -- Sinarmas Cepsa Pte Ltd (SCPL) and its parent companies, the chemicals business of CEPSA and agribusiness Golden Agri-Resources (GAR), signed an agreement to expand the production of bio-based chemicals at SCPL’s site in Lubuk Gaung, Indonesia, said Chemindigest.
The site is ideally positioned to serve customers worldwide and the existing facility, which started production in 2017, is fully utilised.
SCPL has a strong ambition to grow along the fatty alcohols value chain, with sustainable development at the heart of its strategy and operations. Global demand for fatty acids and natural alcohols is driven by growing demand for home and personal care products, as well as increasing demand for sustainable, bio-based solutions across a variety of the industries SCPL serves.
The expansion is expected to advance SCPL’s growth strategy, to contribute to solving environmental challenges, including climate change, and to support sustainable farming practices in Indonesia. Pending final investment decisions, this incremental production will bring additional employment and economic benefits to the local community.
“Sustainably sourced, bio-based alternatives are key requirements for our customers and the markets we serve” says Kung Chee Wan, CEO of SCPL. Wan adds, “We are excited to grow with our customers and increase the scale of our sustainable and traceable integrated supply chains”.
We remind, Cepsa has signed a deal with the Dutch port of Rotterdam to ship green hydrogen from southern Spain to northern Europe. The hydrogen will be produced at Cepsa’s San Roque Energy Park near the Bay of Algeciras, and will be exported through hydrogen carriers such as ammonia or methanol to the Port of Rotterdam.