Friday, September 26, 2014

Golden Agri-Resources to enter joint venture with Spain's Cespa

Golden Agri-Resources, the Singapore-listed holding company of crude palm oil producer PT Sinar Mas Agro Resources and Technology (SMART) Tbk , plans to enter into a joint venture with Compania Espanola de Petroleos (Cespa) of Spain.

The joint venture will produce, distribute and sell fatty alcohol to the global market, the company's chief financial officer Rafael Buhay Concepcion Jr. said in a statement.

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