Sime Darby Oils in JV with ADVOC to market oils, fats products in MENA

From left: Asanee Mallamphut, head Asia Pacific - customised, Sime Darby Oils; Mohd Haris Mohd Arshad, managing director, Sime Darby Oils; Dr. B.R. Shetty, chairman, Abu Dhabi Vegetable Oil Company (ADVOC); Binay Shetty, vice-chairman & CEO of BRS Ventures and Nirman Shetty, director ADVOC.

KUALA LUMPUR: Sime Darby Oils (SDO) and Dr. B.R.Shetty owned Abu Dhabi Vegetable Oil Company (ADVOC) are teaming up to market oils and fats products in the Middle East and North Africa (MENA) region.

The companies said in a joint statement they would operate in the region as a single sales and marketing team, focusing on basic and specialty fats. These include bakery fats, shortening, industrial margarines, spread fats, dairy replacers, confectionary fats and cocoa butter substitutes and replacers.

Subscribe now to our Premium Plan for an ad-free and unlimited reading experience!

Next In Business News

Trading ideas: UMW, HB Global, SCIB, Lambo Group, UmediC, Bioalpha, Kanger, EITA Resources
Australian home price growth slows as Sydney, Melbourne cool
Salary increments likely to hold steady
Eerie calm signals S&P rally has staying power
New rules to reduce risk of greenwashing by banks
China youths head for countryside living as job crisis mounts
Half of top 500 S. Korean firms undecided on 2024 plans
Bitcoin breaks US$40,000 as momentum builds
Alaska Air to buy struggling peer Hawaiian Holdings for US$1.9bil
SCIB gets RM17mil contract

Others Also Read