Global agribusiness Louis Dreyfus Co (LDC) has officially launched its new 55,000 tonnes/year glycerine refining plant and a new edible oil packaging line in Lampung, Indonesia, World Grain reported on 27 May.
LDC said the new facilities were strategically located near key export hubs and aligned with its strategic growth plans and ongoing commitment to Indonesia, the world’s largest glycerine producer.
“This inauguration marks an important step in the development of our Food & Feed Solutions business,” said James Zhou, LDC’s global head of Food & Feed Solutions and chief commercial officer.
The new glycerine plant would help meet rising global demand for high-purity, USP-grade glycerine, projected to grow at a 2.5% CAGR for refined glycerine from 2023-40, World Grain reported LDC as saying.
When first announcing the expansion of its Lampung refining complex in 2023, LDC said the plant would complement its existing glycerine refining activities in the USA (Claypool, Indiana) and Germany (Wittenberg).
LDC said the Lampung expansion would strengthen its competitive position as a supplier to the pharmaceutical, personal care and cosmetics industries – key drivers of global refined glycerine demand.
In addition, the new edible oil packaging line – with some 64,800 tonnes/year of packaging capacity – offered various food grade packaging options and would leverage synergies with LDC’s existing Lampung operations to capture domestic and other market opportunities for packaged edible oil exports.