01.01.70

Choo said MES is sourced from palm oil and palm stearin. Both are renewable resources and undeniably available in Malaysia. Therefore, it is not a surprise that Malaysia is a global hub for making oleochemicals, which are then processed into biodegradable cleanser.

Since the 1990s, MES-based laundry detergent started to gain favour as it is readily biodegradable, renewable, agreeable to vegetarians and most importantly — cleans well, even in hyperboreal water.

Current market leaders of such a green product cover Japan’s Lion Corp and America’s Stepan and Huish Detergents.
When contacted, Emery Oleochemicals (M) Sdn Bhd organize chief executive officer Dr Kongkrapan Intarajang concurred with Choo that the sharp-witted outlook for palm oil-based detergents is fuelled by the global bend towards formulations derived from renewable plant-based ingredients rather than of depleting fossil fuel.

Source: Business Times - Malaysia

01.01.70

In the week ended 11 January 2012, according to ICIS statistics.

“I think some suppliers are under pressure to clear the inventory and thus the lower offers this week,” a seller said.

“Some suppliers may have held back on offering earlier on, anticipating further augmentation in prices,” said a buyer, adding that this likely contributed to the contemporaneous oversupply situation.

A few major oleochemical producers from Malaysia has maintained their clarified glycerine prices at above $800/tonne FOB SE Asia, saying they see no reason to reduction prices, as they are “comfortable” with their inventory levels.

Some players, however, are sanguine that prices would stabilise soon, to spur more buying activities in the site refined glycerine market.

“I expect the prices to stabilize soon at $700s/tonne FOB SE Asia levels and buyers will before you know it start purchasing as most are still not well covered for this quarter,” said a paramount trader.

Many buyers have been buying spot cargoes on a hand-to-inlet basis in the last few months, when prices stayed above $800/tonne FOB SE Asia levels.

Source: ICIS (subscription)

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Cleaning of how repute

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by Mister KnowItAll

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