IOI oleochemical business set for robust 1H25


PETALING JAYA: IOI Corp Bhd’s oleochemical division is expected to perform well in the first half of financial year 2025 (1H25), on the back of improved selling prices and strong demand in Europe.

AmInvestment Bank Research said European buyers have been stockpiling palm products since July 2024, ahead of the implementation of the European Union Deforestation Regulation (EUDR).

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IOI , Oleochemicals , palm

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