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KLK EMMERICH GmbH announces Italian acquisition (Temix Oleo SpA) ? KLK EMMERICH GmbH (KLKE), a subsidiary of Kuala Lumpur Kepong Berhad (KLK), under its resource-based manufacturing division known as KLK Oleo, has agreed to acquire a controlling stake in Italy-based Temix Oleo SpA. ? KLK Oleo is an integrated oleochemical producer (oleochemical, derivatives and specialty chemicals) with manufacturing sites in Malaysia, Indonesia, China, and Europe. KLK, a leading international plantations group listed on the Malaysia stock exchange with a market capitalisation of approximately Euro 4.8 billion as at the end of September 2022. ? Temix Oleo is an oleochemical company focused on production of esters mainly based on renewable feedstock, and delivering solutions for lubricant, cosmetic, ceramic, coating, rubber and plastics industries. The company's plant is located in Calderara di Reno (Bologna). ? "Temix Oleo outstanding reputation is built on their customer-centric and high-quality service business model. We are excited to welcome the Temix Oleo team and their excellent product portfolio to be part of the KLK Group," said Mr. M. S. Sriganesh, Managing Director, KLKE. ? "This acquisition is an opportunity for Temix Oleo to continue to grow, in product portfolio and geographic areas, with focus on sustainability and innovation," said Mr. Roberto Cella, Managing Director Temix Oleo. ? Follow Chemical Weekly page for regular industry updates ? Subscribe to Chemical Weekly magazine: https://lnkd.in/e-cmHW4 ? Chemical Weekly is the official media partner for ChemExpo India 2023 (Apr 18-19, Mumbai). Free Visitors Registration NOW OPEN on: www.chemexpoindia.com ? #chemicals #chemical #chemicalindustry #specialtychemicals #chemicalweekly #oleochemicals #derivatives #acquisition #esters #renewablefeedstock #lubricant #cosmetic #ceramic #coating #sustainability #rubber #plastics www.chemicalweekly.com Chemical Weekly