Kuala Lumpur -(FGV) has officially and commercially launched its oleochemical factory locating in Quincy, Massachussetts, United States of America, which is run by its subindustry, Twin Rivers Technologies Holdings (TRTH).
Reported byutusan.com.my, TRTH is the biggest company in North America producing oleochemicals and FGV acquired it since November 2007. It is normal if the consumers of the company are the multinational companies, such as, Procter & Gamble (P&G), Unilever, Evonik Goldsmith, BASF Corp., Goodyear dan Corsitech.
TRTH is predicted to get the total income about US$205 millions (RM676,5 millions), from the capacity about 160thousands of tons of oleochemical products. The company got profits about US$4,368 millions (RM14,414 millions) last year. But for this year, it is predicted to get the targets about US$13 millions (RM42,9 millions),
TRTH is near to Quincy bay and it is the excess of the company to other ones. TRTH has also its own port to ease the import of the material, such as, raw palm oil from the Southeast Asia. (T2)










