IOI Oleochemical Overview
Company Headquarters: Pulau Pinang, Malaysia
Founded: 1970
Workforce: ~300
Company Working: IOI Oleochemical is a leader of manufacturing and supply of fatty acids, glycerin, soap noodles and fatty esters and specialty oleochemical derivatives. The company has global presence more than 80 countries, it also has extensive and strong logistic distributions inclusive of bulk storage facilities in Europe, Japan and the United States. IOI Oleochemical customer based include world’s largest multi-national corporations. The company serves to various end use industries including pharmaceutical, personal care, cosmetic, food and performance chemicals. The company follows integrated value chain and have number of production facilities all over Malaysia.
Strategy
IOI Oleochemical is focuses on expansion of its oleochemical derivatives to more than 80 countries worldwide mainly to Japan, China and Europe the company had expanded and ventured into new range of fatty ester portfolio under IOI Esterchem in 2014. The company seek to strive for continuous improvements in quality and capacity to serve the global customer base better over the years. Recently the company has acquired tow production facilities in Germany.
