Procter & Gamble Beli Oleochemical Indonesia US$1,8 Miliar

Kapanlagi.com - Procter&Gamble (P&G) Chemicals akan membeli oleochemical dari Indonesia senilai US$1,8 miliar yang digunakan sebagai bahan baku bisnis barang konsumsi. "Procter & Gamble telah menandatangani kontrak kerjasama dengan Domba Mas Group untuk pembelian seluruh hasil produksi pabrik Olechemical," kata Direktur Pelaksana P&G Chemical Asia, Martin Herrington di Jakarta, Jumat (27/5).
Domba Mas Group adalah produsen utama minyak kelapa sawit dan minyak kernel yang sedang membangun pabrik oleochemical berskala dunia di Kuala Tanjung, Sumatera Utara yang mulai produksi paruh kedua 2005.
Menurut dia, P&G membeli 200.000 ton oleochemical per tahun dengan kontrak selama 10 tahun terdiri dari 160.000 ton fatty alkohol produksi PT Sawitmas Agro Perkasa ditambah fatty acid dan gliserin dan 40.000 ton lagi dari PT Domas Agrointi Prima.
Karena itu komitmen jangka panjang dilaksanakan untuk memperoleh oleochemical dari Indonesia dengan memperpanjang perjanjian pembelian fatty acid (asam lemak) dan fatty alcohol (asam lemak alkohol ) dari Domba Mas Group, katanya.
Martin Herrington mengatakan, Oleochemicals adalah bahan baku yang penting bagi bisnis barang konsumsi P&G dan ini akan menjadi bagian integrasi dari jaringan suplai global perusahaan.
"Kami telah memilih untuk bekerjasama dengan Domba Mas Group karena mereka telah memiliki teknologi kelas dunia dan mengembangkan lokasi yang tepat untuk membangun pabrik yang akan berskala dunia," katanya.
Produksi awal pabrik ini akan membuat Indonesia sebagai produser fatty alcohol natural terbesar di dunia, tegasnya.
Ditanya mengenai alasan kerjasama ini, Martin Herrington mengatakan, integrasi dengan perusahaan perkebunan ini menjamin pasokan bahan baku utama. Pabrik ini berskala dunia dengan logistik yang dirancang secara matang.
"Kami juga akan melanjutkan investasi di bidang pelatihan dan pengembangan, sehingga karyawan Domba Mas memiliki kapabilitas yang tinggi melalui pelatihan luar maupun dalam negeri," kata Presiden Direktur PT Procter & Gamble Home Products Indonesia, Raul T. Falcon.
P&G memiliki satu dari portofolio merek berkualitas seperti Pampers, Tide, Ariel, Alwasy, Whisper, Pantene, Bounty, Pringles, Folger, Charmin, Downy, Lenor, Lams Crest, Actonel dan mempunyai 98.000 pegawai yang bekerja hampir di 80 negara, kata Martin (*/dar)

Ecogreen Oleochemicals Profile

Project sponsor and major shareholders of project company
The company is owned through a holding company structure whose shareholders are: - Messrs. Eddy William Katuari and Fifi Sutanto (representing the Wings group) 47.7%; - Mr. Jimmy Masrin and PT Lautan Luas Tbk (representing the Lautan Luas group) 33.3% and - Mr. Robert Budi Hartono (representing the Djarum group) 19%. The main sponsor of the company is the Wings group, which is one of Indonesia’s largest producer and marketer of soaps and detergents. The Wings Group has seven main business activities – - consumer products; - packaging; - chemicals; - building materials; - real estate; - agribusiness and - financial services. Of these, the consumer products business is the largest in annual turnover. IFC has existing relationships with three of the Wings group companies (PT Sayap, PT Wings and PT Gawi). The other two members of the consortium are the Djarum group, one of the largest Indonesian cigarette manufacturers, and the Lautan Luas group which is Indonesia’s leading distributor and manufacturer of basic and specialty chemicals.

Total project cost and proposed IFC investment
The total project cost is estimated to be about $84.0 million. IFC’s investment would consist of an A Loan of up to $30 million.
Location of project and description of site
The new fatty acid plant will be integrated with the company’s fatty alcohol plant at its existing site at Belawan, Medan in Indonesia. Adequate land is available at the plant site and the existing infrastructure can be expanded with marginal incremental investments to support the new project. The site is also located close to a jetty for easy access to movement of material.

Description of company and purpose of project
PT Ecogreen Oleochemicals (Ecogreen, the company), an Indonesia based company, is implementing a $84 million project involving establishing a new 60,000 tonnes per annum (tpa) capacity fatty acid production plant, incremental working capital and debt refinancing. The company is one of the leading global producers of natural fatty alcohols, its core product group, as well as co-products and intermediates such as fatty acids, methyl esters and glycerin. The company produces natural or vegetable oil based fatty alcohol, largely used for the production of detergents, shampoos, conditioners, skin applications and similar consumer products. They are also used as stabilizers in the production of plastics and lubricants. The company has 110,000 tpa natural fatty alcohol production capacity at two production plants located in Belawan, Medan (30,000 tpa) and Batam (80,000 tpa) in Indonesia. Ecogreen’s FY02 turnover was $86 million, of which about 95% was from exports to Asia-Pacific, North and South America and Europe. In addition to its production plants, the company has affiliated marketing and distribution companies which have long term lease finished goods storage facilities in Rotterdam, Germany; Houston,Texas; and Newark, New Jersey. The project is part of the company’s long-term strategy to improve its international competitiveness through better utilization of assets and strategic management of raw material inventory. About half of the new fatty acid capacity will be used to support an 8,000 tpa fatty alcohol capacity increase at Belawan, Medan plant through debottlenecking and to supply to an affiliate soap noodle production company. The surplus will be sold in the merchant market. The working capital and the debt refinancing are aimed at helping the company structure a flexible working capital facility with a core component to fund the permanent working capital and a stand-by facility to finance raw material purchases at low price points.
Environmental and social issues - Category
This is a Category B project according to IFC’s Procedure for Environmental and Social Review of Projects because a limited number of specific environmental and social impacts may result which can be avoided or mitigated by adhering to generally recognized performance standards, guidelines or design criteria. The review of this project consisted of appraising technical and environmental/social information submitted by the project sponsor. The following potential environment, health and safety and social impacts were analyzed. Environmental issues include: development of corporate environmental and health and safety management programs; raw material sourcing; air quality impacts (including odor) and abatement; waste water quality, temperature and treatment if necessary; energy efficiency in general; on-site solid waste management procedures; handling and storage of fuel, oils and hazardous materials; and workplace noise. Health and safety issues include: fire safety and emergency response; pressure vessel integrity; safety training, and housekeeping. Social issues in Ecogreen’s plants include community relations and community development activities. Further details are provided in the Environmental Review Summary separately available with this document.
Location of environmental documents in locally affected community

The environmental documentation will be made available at the following locations: PT.Ecogreen Oleochemicals Jalan Raya Pelabuhan IV, Gabion-Bagan Deli, Belawan 20414, Indonesia Phone. (62-61) 6941020, Fax. (62-61) 6941645 PT.Ecogreen Oleochemicals Jalan Pelabuhan Kav. 1, Kabil, Pulau Batam 29435, Indonesia Phone. (62-778) 711002, Fax. (62-778) 711007
To contact the project company, please write to:
Mr. Hardy Johan, Director PT.Ecogreen Oleochemicals Jalan Raya Pelabuhan IV, Gabion-Bagan Deli, Belawan 20414, Indonesia Phone. (62-61) 6941020, Fax. (62-61) 6941645 PT.Ecogreen Oleochemicals Jalan Pelabuhan Kav. 1, Kabil, Pulau Batam 29435, Indonesia Phone. (62-778) 711002, Fax. (62-778) 711007

Procter and Gamble Chemicals Announces Oleochemical Supply Agreement With Sawit Mas of Indonesia

Procter and Gamble today re-affirmed its commitment to long-term sourcing of oleochemicals from Indonesia by extending its agreement to purchase fatty acids and alcohols from the Domba Mas Group.
Procter and Gamble has signed contracts with the Domba Mas Group in excess of US$ 1.0 billion for the purchase of the output of the oleochemical site being built by the DOMBA MAS GROUP at Kuala Tanjung in Sumatera Utara over a ten-year period. The products will include over 200,000 tons/year of oleochemicals: 160,000 tons of fatty alcohols from two units - the first of capacity 40,000 tons built by PT Domas Agrointi Prima, the second of 120,000 tons to be built by PT Sawitmas Agro Perkasa - plus fatty acids and glycerine. The products will be used as raw materials in Procter and Gamble's Beauty and Fabric Care businesses around the world, and also marketed to the global chemical industry by Procter and Gamble Chemicals. The Kuala Tanjung site will employ up to 800 people adding value to the products of Domba Mas's palm-oil plantation business. The start-up of this site will make Indonesia the world's largest producer of natural fatty alcohol.
"We are highly committed to this project and to our Indonesian partners, the Domba Mas Group", said Ian Edwards, global Vice President, Procter & Gamble Chemicals. "Oleochemicals are important raw material for Procter and Gamble's consumer products businesses, and this will be an integral part of our global supply network". Martin Herrington, Managing Director, P and G Chemicals, Asia added: "We have chosen to work with the Domba Mas Group because they have selected world-class technology and developed a great location for what will be a world-scale plant. We are collaborating closely with them and provide strong technical and manufacturing support to ensure that the project will be a success, producing top-quality raw materials to meet the needs of our customers worldwide."
"PandG is committed to the long-term growth and development of our business in Indonesia. This is demonstrated by both our significant investments in new product introductions containing the latest world class technologies to meet the needs of the Indonesian consumer as well as developing business partnerships in the Indonesian economy. We also continue to invest in the training and development of our Indonesian employees as we hire additional employees to support our growth and to invest in their capability development, primarily through training, both overseas and locally" said Raul T. Falcon, The President Director of PT Procter and Gamble Home Products Indonesia.
About Procter and Gamble Chemicals P and G Chemicals, a business unit of the Procter and Gamble Company, is a global marketer of fatty alcohols, methyl esters, fatty acids, glycerine and tertiary amines. P and G Chemicals has sales offices in Cincinnati, Ohio, London, England, Mexico City, Mexico, Singapore and Kobe, Japan.
Two billion times a day, P&G brands touch the lives of people around the world. The company has one of the largest and strongest portfolios of trusted, quality brands, including Pampers®, Tide®, Ariel®, Always®, Whisper®, Pantene®, Bounty®, Pringles®, Folgers®, Charmin®, Downy®, Lenor®, Iams®, Crest®, Actonel®, Olay® and Clairol Nice 'n Easy®. The P&G community consists of nearly 98,000 employees working in almost 80 countries worldwide.

Please visit http://www.pginvestor.com/www.pg.com for the latest news and in-depth information about P andG and its brands.

Jakarta, 26, 2005