PETALING JAYA: Riding on the success of its basic oleochemical business, top planter Kuala Lumpur Kepong Bhd (KLK) is looking at expanding further downstream into oleo derivatives and specialty oleochemical-related ventures. Chief executive officer Tan Sri Lee Oi Hian (pic) said the new ventures would likely be through mergers and acquisitions.
“KLK will need to source new technologies for such ventures which are mostly available in matured economies such as the United States, Europe, South Korea and China,” said Lee.