On 29 November 2017 the first international oil and fat conference of Kazakhstan will be held
Trends and specifics of oil market of China will be among the topics of the First International oil and fat conference of Kazakhstan – KazOil 2017. The speaker is the representative of the leading agro-industrial group in Asia - Wilmar International Limited.
We remind that the International oil and fat conference of Kazakhstan KazOil 2017 will be held in Astana on 29 November 2017. For effective functioning of oil and fat industry in Kazakhstan it is necessary to solve many actual tasks both in production and processing sectors. For this purpose the first international oil and fat conference of Kazakhstan “KazOil 2017” will gather the representatives of the government and powers of the country, sectoral associations, Kazakhstan agricultural producers and processors, participants of oil-bearing market in Russia and other countries of Eurasian Economic Union and Customs Union, leading exporters and operators of world oil-bearing market, representatives of agrarian science, suppliers of modern technologies and equipment.
The general partner and General sponsor of the conference are Grain Inion of Kazakhstan and Wilmar International Limited.
One of the main importers of oil seeds and vegetable oils from Kazakhstan in the recent year is China. In 2016/17 share of china in the whole structure of oil crops exporting amounted to 21%, oil – 64%. The most amounts of purchased oil seeds by China in Kazakhstan came to sunflower – 101.15 thousand tons – 37% of total volume of exporting seeds.
Among vegetable oils supplies of sunflower oil are leading – 23.59 thousand tons (64%), in the second place is flax oil – 12.50 thousand tons with export share in 89%.
In whole, oil products export volumes from Kazakhstan to China in 2016/17 amounted to 150.26 thousand tons of oil crops (sunflower, soya, cotton, etc.) and 40.90 thousand tons of vegetable oils (sunflower, flax, soya, rape).
Given the increasing g demand of China for oil products, the potential of Kazakhstan market, suitable logistics, perspectives of supplies growth from Kazakhstan are real. Besides, it should be noted that China is ready to invest to production of vegetable oils corresponding to Chinese requirements and preferences, on the territory of Kazakhstan with further importing of the products. Thus, in the middle of October the Minister of agriculture of the Republic of Kazakhstan Askar Myrzakhmetov met with the representatives of Chinese companies and discussed the [possibilities of increase of mutual trade and investing into oil and fat industry of Kazakhstan.
Wilmar International Limited is the largest player of the world oilseeds market.
At present Wilmar International Limited founded in 1991 with headquarter in Singapore is the leasing agro-industrial group on Asia.
Wilmar is one of the largest companies on Singapore exchange.
Main directions of the company’s activities:
• oil palms cultivation;
• processing of oil crops;
• refining of edible oils;
• processing of sugar and refining;
• production of consumer goods, special fats, oleochemicals, biodiesel and fertilizers;
• flour milling and rice processing.
The strategy of Wilmar International Limited based on integrated model of agribusiness which covers the whole chain of agricultural commodity business creation: from growing, processing, merchandising till production of wide range of agricultural products. The company has more than 500 producing plants and wide distributing network covering China, India, Indonesia and about 50 other countries. Number of working staff now is about 90 thousand persons.
In the rating of 500 largest companies in the world Fortune Global 500, Wilmar International Limited takes 317th place.
You may get acquainted with company’s representatives and establish new business relations by applying for the conference:
Organizing committee of the conference:
Agro Industry KZ; +7 701 588 5497, +7 777 533 9384
Adilkhan Sagimbayev, firstname.lastname@example.org