SEA Delegation To Explore Palm Oil Collaboration During Thailand Visit

New Delhi, Aug 23 (KNN) A delegation of the Solvent Extractors’ Association (SEA) of India will visit Thailand for exploring collaborative opportunities in the palm oil sector.

Highlighting the significant prospects for growth and partnership in the Indian edible oil sector, BV Mehta, Executive Director of SEA, expressed that the SEA delegation's trip to Thailand carries substantial promise. “During the visit, the delegation will thoroughly explore Thailand's thriving palm oil industry,” he said.

The SEA delegation will look at gaining insights into the seamless processes and vast export opportunities that Thailand offers.

Mentioning that the delegation will be fostering direct relationships with Thai producers and exporters, Mehta informed that direct connections will be established with the key players in Thailand’s palm oil sector.

At present, oil palm plantations in Thailand yield 3.2-3.5 million tonnes (mt) annually. Of this, 1.2 mt caters to the domestic needs of Thailand.

As per reports, the Department of International Trade Promotion (DITP) under the Thailand’s Ministry of Commerce has invited the SEA to lead a delegation of major importers and refiners on a comprehensive study tour to Surat Thani, Thailand’s foremost oil palm cultivation region.

Ajay Jhunjhunwala, President of SEA of India, is the leader of the 19-member SEA delegation to Thailand, and Atul Chaturvedi, Chairman of the Asian Palm Oil Alliance, is the deputy leader of the delegation. The delegation will depart for Thailand on August 23.

Thai palm oil leaders will also be invited to celebrate SEA’s 60th year anniversary and Globoil India -2023.  (KNN Bureau)