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Jakarta Post

Corn miller Tereos FKS breaks through import-dominated industry

  • News Desk

    The Jakarta Post

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Jakarta   /   Fri, September 6, 2019   /  10:58 am
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Wet corn milling company PT Tereos FKS operates a plant in Cilegon, Banten. (Tereos FKS website/.)

Wet corn miller PT Tereos FKS Indonesia is boosting its production capacity thanks to soaring domestic demand for corn starch and other corn byproducts, which are used in baking, for paper and as sweetener, amid an influx of imports. Tereos FKS, a joint venture between France’s Tereos and local diversified holding company FKS Group, increased the corn starch milling capacity at its Cilegon factory to 1,300 tons per day, up from 1,000 tons previously, said president director Laurent Lambert. Domestic demand for corn starch more than doubled within two years to 600,000 tons last year from 270,000 tons in 2016. Tereos FKS contributed 20 percent to domestic demand last year and exported 35,000 tons to the Philippines and other Southeast Asian countries, Taiwan, South Korea, Turkey and Senegal. In Indonesia, corn starch supply was still dominated by some 400,000 tons of im...