Singapore's Wilmar, US' Elevance to build biorefinery in Indonesia

Singapore-listed Wilmar, Asia's leading agribusiness group, said Tuesday that it has formed a joint venture with US-based Elevance Renewable Sciences to construct a biorefinery in Indonesia. The facility -- which will be able to refine multiple feedstocks such as palm, mustard, soybean, jatropha and waste oils -- will have an initial capacity of 180,000 mt/year when it comes online next year, with the ability to expand up to 360,000 mt/year of refined products.

It will be located within Wilmar's integrated manufacturing complex, which is currently under construction in Surabaya, Indonesia, Wilmar said in a filing with the Singapore Exchange. The joint venture will use Elevance's proprietary biorefinery technology to produce high-value performance chemicals, advanced biofuels and oleochemicals such as green olefins. Large, existing and rapidly-emerging demand exists for these products for use in surfactants, antimicrobials, lubricants, renewable biodiesel and green jet fuels, Elevance said.

"Wilmar's extensive capabilities and existing operations in Asia will allow us to quickly build and begin operating an integrated facility, accelerating the delivery of cost-effective, high-performing, renewable-based specialty chemicals to the market," said K'Lynne Johnson, CEO of Elevance.

Wilmar already operates three biodiesel plants in Pelintung in Indonesia's Riau province, with a total combined capacity of 1.05 million mt/year.
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