Recently, SUMEC International Technology Co., Ltd. (hereinafter referred to as SUMEC) and KT Chemical successfully signed a long-term agreement for the annual purchase of 200,000 tons of palm stearin. This is the first time a technology company engaged in the import of palm stearin, giving new impetus to the expansion of new varieties of commodity operations.
Reserves of key raw materials are an important part of ensuring supply and production. Palm oil is the most produced and most consumed vegetable oil worldwide. It has the largest international trade volume in the world and is widely used in catering, food manufacturing and petrochemical industries. Palm oil is the solid fraction extracted from palm oil after freezing and crystallization. It is a good natural raw material for shortening, pastry, margarine, Indian ghee, etc., a good choice for animal feed and oleaginous products, and can also partially replace tallow and suet in soaps. SUMEC’s active development of palm oil import business will help ensure the safety of raw material supply for domestic enterprises and maintain the stability and smoothness of the industrial chain and supply chain.
For a long time, based on the operation of bulk commodities and the import of mechanical and electrical equipment, SUMEC has adhered to the professional business philosophy, and been committed to providing customers with four-in-one business solutions of resource supply, business consulting, financial support, and logistics services. It fully integrates upstream commodity resources and downstream customer resources, and continues to build the bulk commodity supply chain system, open up the industrial chain, expand the supply chain, and create a value chain. In 2021, the total volume of various commodities exceeded 65 million tons.
In the future, SUMEC will continue to adhere to the development concept of developing domestic and foreign markets and domestic and foreign trade business. It will fully integrate the high-quality resources of the global industrial chain and supply chain, actively expand emerging business fields, explore market development opportunities, continue to promote the quality and efficiency of main businesses with stable quality, strive to build a digital-driven international industrial chain and supply chain, and build a benchmark enterprise of dual circulation at home and abroad.
Post time: May-20-2022