With the acquisition of Premium Group, Goodhope entered the edible oils and fats segment and also secured all intellectual property rights including the Premium Nutrients brand name. The two companies currently in operation, Premium Vegetable Oils Sdn Bhd and Premium Fats Sdn Bhd; are now owned by Premium Nutrients (Pvt) Ltd, the Singapore based fully owned subsidiary of Goodhope Asia Holdings Ltd.
With its refining facilities located in Malaysia , the Premium Group produces a wide range of refined and fractionated oils and fats such as specialty fats, bulk oils, animal feed and other by-products derived primarily from Crude Palm Kernel Oil, Crude Coconut Oil and fractions of palm oil. The combined refining and specialty fats processing capacities are over 1,000 MT per day.
The Company is constantly on the lookout for potential markets and other opportunities to strengthen the business segment through value addition to it’s product range, increased distribution networks and offering a wider range of specialty fats products.
Premium Nutrients Private LimitedIncorporated in Singapore in 2011, Premium Nutrients Private Limited is the investment holding company for the Edible Oils and Fats segment of Goodhope Asia Holdings Limited. The Company holds a 100% ownership in Premium Vegetable Oils Sdn Bhd and Premium Fats Sdn Bhd both with manufacturing facilities in Pasir Gudang, Malaysia.
Premium Oils and Fats Sdn BhdIncorporated in Malaysia in 2011 Premium Oils and Fats Sdn Bhd, provides management services to the operating entities of the Premium Group. The Company is responsible for centrally coordinating and managing the operations of Premium Group in its entirety and overlooks functions of capacity enhancement and production, sourcing and logistics, marketing, business development and research and development.
Premium Vegetable Oils Sdn BhdPremium Vegetable Oils Sdn Bhd was incorporated in 1978 and manufactures a wide range of specialty fats which include cocoa butter substitutes, cocoa butter replacers, coating fats, creaming fats, milk fat replacers, base fats for chocolate spreads, ice cream fats, palm oil fractions, shortenings, margarine hard stock, vegetable ghee and other fat blends. These fats and oils are based on palm kernel oil, palm oil, coconut oil including those refined, fractionated, hydrogenated and interesterified products. Some of the main customers of Premium Vegetable Oils over the years include Kraft Food, Nestle, Unilever, Kerry Ingredients, Brittania, Johnson Matthey, Dabur and AB Mauri.
Premium Fats Sdn BhdPremium Fats Sdn Bhd is a dedicated producer of texturized specialty fats products. The Company produces specialty margarines, including pastry margarines, low fat spreads, salad dressing, mayonnaise, and shortening fats. The Company also undertakes contract packing for a select portfolio of food retailers. Main customers of Premium Fats include Saudi Pan Gulf (KSA), Manildra Group (Australia) and Kauri Foods (New Zealand)