Johor Plantations Group Berhad is venturing with Fuji Oil Asia Pte. Ltd. (Fuji Oil), a subsidiary of the Fuji Oil Group, a renowned global food ingredient manufacturer based in Japan, to develop a specialty oils and fats refinery operating on
renewable energy.
The collaboration was formalised through a signing ceremony in Osaka, Japan, marking a significant milestone in the production of palm oil in Malaysia. This strategic partnership brings together the expertise and commitment of two industry leaders and aligns with both companies’ dedication to environmental responsibility and innovation.
The venture aims to establish new standards for transparency, innovation, and quality in the palm oil industry by leveraging JPG’s extensive experience in sustainable palm oil cultivation and Fuji Oil’s advanced processing technologies. This collaboration also enables JPG to tap into Fuji Oil’s wealth of experience in marketing, sales, technical capabilities, and well-established customer relationships with renowned multinational companies in the confectionery and packaged food
sector.
Through the establishment of this specialty oils and fats refinery, JPG will facilitate the production of higher-value and quality palm oil derivatives and specialty products to enhance the market competitiveness for both JPG and Fuji Oil. The additional revenue streams across the entire value chain will also help cushion JPG against potential risks, bolster resilience in the dynamic market environment, and allow for higher margins for the company’s palm oil products.
