Felda Global Ventures’ Holdings Sdn Bhd’s (FGV) plans to penetrate the European Union with its palm oil products now that it has established a gateway into Europe via Turkey-based company, Felda-Iffco Gida Sanayi ve Ticaret, a JV between FGV and Dubai-based Iffco Holdings Ltd. The Felda-Iffco refinery in Turkey has a 3.2% share of the palm oil market in the country and it plans to increase it to 8.4% next year. Sept 2011.
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