Sime Darby Oils said the collaboration with Guangxi Beibu Gulf International Port Group is targeting a combined trading volume for shortening and refined palm oil of about 500,000 tonnes a year.
The two parties are expected to collaborate in areas such as port, logistics, trade and other interests in the Beibu Gulf Economic Region. “With the growing demand for palm oil products and the increasing trade volumes between China and Malaysia, we anticipate this partnership will promote the growth of a sustainable supply chain and help spur greater demand for palm oil in China.
BGP is engaged in port construction and operation, harbour industry, logistics, domestic and international trade, real estate development, environmental protection, and energy-saving technology.
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