Production of Fatty Alcohol from Hydrogenation Reaction
Executive summary:
1. Demand of Fatty Alcohol
2. Exporter and market
3. Where is the opportunity
4. Process Description ( Briefly touch)
5. Economical Feasibility Study
6. Environment, People, Surrounding, Reputation
Oleochemicals is the trend! (replacement of petrochemicals)
Recently, due to the relentlessly climbing price of crude oil prices, the major oleochemical producers from natural resources had been enjoying the recent onward surge in global natural fatty alcohol demand. Foresee the crude oil prices will keep increasing, with the largely availability of natural resources would let us seized this opportunity and bring them into action by adding value to new natural fatty aclcohol capacity.
Due to the abundance availaibilty of feedstock, Malaysia is recognized as a global hub for manufacture biodegradable detergent. We can foresee a bright outlook for palm-oil based detergent following the global trend towards more sustainable lifestyle.
Industry Drivers
High demand from consumer market
Wide availability of raw material
New uses and demand
Growing market for green chemical
Industry Challenges
Global downturn of Economy
Cash rich plantation companies eyeing the market and increases the threat to the existing participants.
Growth of biodiesel industry
Indonesian export tax
Indonesian government raised export taxes drastically to boost refining capacity and downstream activities. As a result, crude palm oil and crude palm kernel oil are cheaper for downstream producers there and refined products shipped out from Indonesian shores are tax-free.
Although Indonesia restructure the tax incentives system would cause a minor lose out but reviewing its future it still lacking of processing technology such as downstream refineries and skilful labor could add benefits for Malaysia ‘s producers. The hiking tax would actually drive the crude palm oil and palm kernel oil for downstream production. Malaysia, KLK Oleochemicals Group’s unit,
1. Demand of Fatty Alcohol
2. Exporter and market
3. Where is the opportunity
4. Process Description ( Briefly touch)
5. Economical Feasibility Study
6. Environment, People, Surrounding, Reputation
Oleochemicals is the trend! (replacement of petrochemicals)
Recently, due to the relentlessly climbing price of crude oil prices, the major oleochemical producers from natural resources had been enjoying the recent onward surge in global natural fatty alcohol demand. Foresee the crude oil prices will keep increasing, with the largely availability of natural resources would let us seized this opportunity and bring them into action by adding value to new natural fatty aclcohol capacity.
Due to the abundance availaibilty of feedstock, Malaysia is recognized as a global hub for manufacture biodegradable detergent. We can foresee a bright outlook for palm-oil based detergent following the global trend towards more sustainable lifestyle.
Industry Drivers
High demand from consumer market
Wide availability of raw material
New uses and demand
Growing market for green chemical
Industry Challenges
Global downturn of Economy
Cash rich plantation companies eyeing the market and increases the threat to the existing participants.
Growth of biodiesel industry
Indonesian export tax
Indonesian government raised export taxes drastically to boost refining capacity and downstream activities. As a result, crude palm oil and crude palm kernel oil are cheaper for downstream producers there and refined products shipped out from Indonesian shores are tax-free.
Although Indonesia restructure the tax incentives system would cause a minor lose out but reviewing its future it still lacking of processing technology such as downstream refineries and skilful labor could add benefits for Malaysia ‘s producers. The hiking tax would actually drive the crude palm oil and palm kernel oil for downstream production. Malaysia, KLK Oleochemicals Group’s unit,