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PT Citra Borneo Utama Tbk. (CBUT) Would Multiply Refinery Capacity and Would Trade Premium Palm Cooking Oil



Doc. of InfooSAWIT/Director of PT Citra Borneo Utama Tbk., Ronny Hertantyo Raharjo.
PT Citra Borneo Utama Tbk. (CBUT) Would Multiply Refinery Capacity and Would Trade Premium Palm Cooking Oil

InfoSAWIT, PALANGKARAYA - PT Citra Borneo Utama Tbk. (CBUT) planned to significantly increase refinery capacity in this very short. Now the company operates within 2.500 metric tons (MT) crude palm oil (CPO) per day or 850.000 MT per year. In the second quarter next year, CBUT would be having additional refinery commissioning to increase the total refinery capacity to be 4.000 MT CPO per day next year.

"We do hope the new refinery would be commercially operating in the second semester next year, multiply 1.500 MT CPO – capacity per day," Director of PT Citra Borneo Utama Tbk., Ronny Hertantyo Raharjo said to InfoSAWIT, Wednesday (2/10/2024).

To realize it, CBUT planned to do business in the premium palm cooking oil trade. For all these years, the company just focused on selling bulk palm cooking oil to the domestic and international scale – markets.

Ronny thought, the preparations, such as, permit, trade brand, and packaging tools, are ready to launched the premium palm cooking oil trade. It was scheduled to be this year or by the early of 2025. "But the logistic factors would be the consideration to make sure that the people would have the access to purchase the premium palm cooking oil,” he said.

The company also targeted the local and national scale - markets to sell its products even though it still considered the condition and logitstic sectors.

Besides producing palm cooking oil, PT CBUT has fractionation mill within 2.500 MT refined, bleached, and deodorized Palm Oil (RBDPO) capacity per day or 850.000 MT per year; kernel crushing mill within 600 MT capacity and kernel per hour or 219.000 MT per year. The company’s product portfolio would cover 565.076 MT RBDPO; 322.447 MT olein, 77.313 MT stearin; 21.523 MT palm fatty acid distillate (PFAD); and 9.991 MT crude palm kernel oil (CPKO).

The strategic expansion emphasized that PT Citra Borneo Utama Tbk., would be committed to increase its production and diversify the products to fulfill the increasing market demands. (T2)


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