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The wide range of uses for palm oil, coupled with our central location in the
rapidly growing Asia Pacific economic region, ensures a strong world
market for our products in the long term. |
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Indonesia's population of more than 220 million constitutes a huge domestic market. Population growth and an increase in disposable income are already leading to rapid market growth. With our marketing operation already well regarded by world commodity traders, the company's marketing team is currently developing national branding strategies for institutional and consumer markets.
Regional markets, in particular Asia, Middle East, and East Europe countries, offer an opportunity to extend our domestic marketing strategies and to develop a strong market position in the world's fastest growing economic regions.
An aggressive expansion plan for the Marunda refinery near Jakarta brought total capacity of refineries owned and managed by the Company close to 1,000,000 metric tones of crude palm oil per year by 2004.
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