We are thrilled to announce an exciting development in the world of agribusiness as Golden Agri-Resources (GAR), a global leader in the industry and palm oil production, forges a strategic partnership with Verborg Group, a promising new player in the vegetable oil market. This collaboration marks a significant milestone with a multi-year contract, designating GAR as the exclusive supplier of over a million tons of tropical oils to Verborg Group.
Verborg Group, a dynamic family business managed by seasoned professionals with over thirty years of experience in the oil and fat industry, has recently inaugurated a cutting-edge vegetable oil refinery in the Netherlands. The refinery is set to commence operations in late January 2024. GAR, in line with its commitment to sustainability and responsible sourcing, will supply three main inputs under this agreement – Crude Palm Oil (CPO), Crude Palm Kernel Oil (CPKO), and Coconut Oil.
This strategic partnership perfectly aligns with GAR’s European business strategy, aiming to establish enduring relationships and a secure supply of high-quality, responsibly sourced tropical oils. As regulations in the industry continue to evolve, GAR remains dedicated to providing its customers and partners in Europe with reliable and top-tier products.
Maarten van der Hoeven, Head of Europe & Latin America at GAR, expressed his enthusiasm about the collaboration, stating, “The Verborg partnership is a validation of our commitment to building a solid supply chain in Europe for the last few years. Our top-notch distribution, logistic support, and adaptability ensure we can effectively meet long-term customer needs, whether it’s quality, value-added services, or supply chain solutions. We are very excited to partner with Verborg to support them in bringing high-quality refined oil to their customers across Europe.”
Goedhart Borgesius, Director at Verborg Group, shared his excitement as well, saying, “We are very excited to embark on our journey with Golden Agri-Resources. Leveraging GAR’s integrated supply chain and sustainability leadership within the palm oil sector will strengthen our capabilities, knowledge, and product offering in providing sustainable and high-quality vegetable oils products and services for our European customers. We look forward to working together with GAR on sustainable product solutions for our customers and future generations to come.”
This strategic alliance signifies a union of expertise and a shared commitment to sustainability, paving the way for enhanced product offerings and solutions in the European vegetable oil market. Stay tuned for more updates on this groundbreaking partnership.