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olam food ingredients (ofi) marks dairy milestone adding manufacturing capacity to meet the needs of customers

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Through commissioning a new milk powder dryer and gravity flow production system, ofi remains laser focused on servicing customers across the Middle East and Africa

SINGAPORE, Singapore, October 16, 2023/APO Group/ — 

Expands plant facility & strengthens capabilities of Ingredient Excellence Center in Malaysia; New category labs with state-of-the-art R&D equipment enabling production teams to refine and develop customizable food and beverage solutions tailored to local requirements; ofi (www.ofi.comto showcase new products and innovation offering at Gulfood Manufacturing, Dubai, anchored by Malaysia expansion and new dairy production plant in New Zealand.

ofi, a global leader in naturally good food and beverage ingredients, has increased its ingredient manufacturing footprint by adding significant capacity to its dairy production facility in Johor, Malaysia. Through commissioning a new milk powder dryer and gravity flow production system, ofi remains laser focused on servicing customers across the Middle East and Africa.  

Sandeep Jain, Managing Director and CEO, Dairy, at ofi commented: “The demand for nutrition-rich functional dairy ingredients continues to grow at pace across the Middle East & Africa and these new capabilities enable us to co-create products that are focused on health, taste and convenience. With food safety and operational excellence at the core of the plant design, we’re ensuring consistent product quality and stability. We’re excited to now offer customers in the region even more exciting innovation-led opportunities.”

The enhancements to the Johor processing facility’s capabilities will strengthen the production volume of functional dairy ingredients and fat filled milk powder made per year, in turn enabling ofi’s customers to formulate innovative applications at scale. In addition, the expanded integrated dairy Ingredient Excellence Center (“IEC”) has new laboratory spaces with state-of-the-art research and development equipment dedicated to supporting customers seeking a customizable, tailored and cost-efficient approach to application solutions in beverages, bakery and frozen dairy desserts.

Local customers across the region will also benefit from ofi’s deep working knowledge of nuanced consumer trends. An example from Senegal where local ofi teams worked in close collaboration with yogurt producers, building their understanding around the differing priorities from yield to viscosity and color, highlights the differentiated offering that ofi delivers for its customers. These insights were then shared with research and development teams at the Malaysia plant to refine and develop customizable food and beverage solutions tailored to local market requirements. Added to this are the technological developments resulting from the installation of a new gravity flow production system at the plant. The new system allows for less powder particle breakage and leads to improved wettability and solubility of the end product.

With food safety and operational excellence at the core of the plant design, we’re ensuring consistent product quality and stability

ofi will be presenting at Gulfood Manufacturing – Dubai, between 7th to 9th November, engaging regional customers about the enhanced dairy production capabilities from the Malaysia plant along with the upcoming opening of the new dairy processing plant in the heart of New Zealand’s dairy region, producing whole milk powder and other high-value dairy ingredients. It will also be a chance to spotlight innovative beverage and bakery product applications along with a range of milk applications made from ofi’s fat filled milk powder.

Shashi Sharma, Regional Sales Manager for Africa, Dairy, at ofi commented: “The expanded capabilities and enhanced facilities at our Malaysia dairy plant speaks directly to our aim of becoming a more customer-centric organization, providing a customizable approach across each of the markets in which we operate across Africa. Our signature Lactorich range of dairy solutions continue to transform the way consumers experience this healthy and nutritious product. In East Africa, we’re providing customers with a milk powder called Vers that is robust and both coffee and tea-stable, offering optimized performance in functionality, value and taste, helping our customers create better dairy products with no added flavors. We’re also delighted to be showcasing yogurts made from our Lactorich Pluz powder at Gulfood Manufacturing next month, a cost-effective and high yield product that has been developed to suit the requirements of customers, particularly across West African markets.”

Zakariae Bensouda, Regional Sales Manager for the Middle East, Dairy, at ofi commented: “The new facilities both complement ofi’s existing global footprint and also strengthen our co-creation capabilities across the region, with the plant strategically located to continue to serve Middle East based customers in creating their next delicious and nutritious product for consumers. Lactorich Prime is a versatile milk powder that can replace whole milk powder across a variety of applications, serving customers across a range of Middle Eastern markets. It is a premium, clean label product, developed using natural ingredients that has been tailored to meet taste and texture needs of consumers across UAE, Saudi Arabia and Oman.”

Sustainability is also a central component of the plant design. It uses solar power, rainwater harvesting and operates at a high efficacy rate with strong energy and water consumption practices, with close to zero raw material wastage.

Gulfood Manufacturing

  • ofi Dairy Stand No. B8-38 (Hall 8, Dubai WTC)

Distributed by APO Group on behalf of ofi.

Energy

Venezuela Energy Week Confirms 19 August Date for Houston Industry Showcase

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Officially supported by Venezuela’s Ministry of Hydrocarbons and national oil company PDVSA, the Houston Industry Showcase will take place on 19 August, convening U.S. energy leaders ahead of Venezuela Energy Week 2027 in Caracas

HOUSTON, United States of America, August 10, 2026/APO Group/ –The organizers of Venezuela Energy Week (VEW) have confirmed that the Houston Industry Showcase will take place on 19 August 2026 at The Post Oak Hotel. Officially supported by Venezuela’s Ministry of Hydrocarbons and national oil company PDVSA, the event will bring together U.S. energy companies, investors and policymakers to explore commercial opportunities ahead of Venezuela Energy Week 2027 in Caracas in February.

The showcase will feature Minister of Hydrocarbons Paula Henao as a keynote speaker, providing an update on Venezuela’s energy priorities, investment agenda and opportunities for international partnership. Her participation underscores the country’s commitment to strengthening engagement with global industry as it seeks to expand production and unlock new upstream investment.

Bringing together exploration and production companies, independent operators, oilfield service providers, engineering firms, technology companies and financial institutions, the Houston Industry Showcase will examine opportunities across exploration, production optimization, infrastructure rehabilitation and field development.

As Venezuela works to increase oil and gas production, demand is expected to grow for the technical expertise of U.S. service providers in drilling, well intervention, completion services, production optimization, artificial lift, digital oilfield technologies and infrastructure rehabilitation. Houston-based industry leaders – including SLB, Halliburton, Baker Hughes, Weatherford and a broad network of EPC contractors, equipment manufacturers and specialized service companies – are well positioned to support the modernization of mature fields, improve operational efficiency and deliver the technologies and services needed for future upstream projects.

The Houston event follows a successful Industry Showcase in London, which brought together international investors, operators and energy service companies to explore Venezuela’s evolving investment landscape. Building on that momentum, the Houston edition will deepen engagement with the U.S. energy industry and strengthen commercial dialogue ahead of Venezuela Energy Week 2027.

Venezuela Energy Week – the country’s largest energy investment platform to date – has been confirmed for 22–25 February 2027 in Caracas. Organized by Energy Capital & Power, the event will bring together government leaders, investors and industry stakeholders from across the global energy value chain.

To register for the Houston Industry Showcase on August 19, visit https://apo-opa.co/4g0TncR. To learn more about delegate, sponsorship and partnership opportunities for the showcase or to secure your place at Venezuela Energy Week 2027 in Caracas, contact info@venezuelaenergyweek.com.

Supporting Venezuela’s Earthquake Recovery
Our thoughts are with the people and communities affected by the recent earthquakes in Venezuela. As the country begins the long process of recovery, we encourage members of the global energy community to support relief and reconstruction efforts through the CAF Recovery and Reconstruction Fund for Venezuela, which channels contributions from individuals, companies and organizations to emergency assistance, essential services and long-term rebuilding efforts.

To learn more or make a contribution, please visit the CAF Recovery and Reconstruction Fund for Venezuela (https://apo-opa.co/4hkvteE).

Distributed by APO Group on behalf of Energy Capital & Power.

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Islamic Development Bank Institute (IsDBI) Secures New Patent for Smart Stabilization System from Intellectual Property Office of Singapore

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The Smart Stabilization System is a pioneering digital market infrastructure designed to stabilize asset markets by intelligently managing supply-demand gaps and mitigating excessive volatility

JEDDAH, Saudi Arabia, August 10, 2026/APO Group/ –The Islamic Development Bank Institute (IsDBI) (https://IsDBInstitute.org) is pleased to announce that the Intellectual Property Office of Singapore (IPOS) has granted a new patent for its innovative Smart Stabilization System.

 

The patent was granted on 10 July 2026 under Singapore Patent No. 10202250873B for the invention titled “A Computer Network Stabilization System and Method.” The patent application was filed on 1 September 2022 and was formally granted following a comprehensive review process.

This achievement reflects our commitment to translating pioneering research into practical solutions that contribute to economic resilience and sustainable development

The Smart Stabilization System is a pioneering digital market infrastructure designed to stabilize asset markets by intelligently managing supply-demand gaps and mitigating excessive volatility. Leveraging sophisticated algorithms and advanced simulation models, the system is designed to anticipate supply and demand imbalances and implement programmable stabilization measures before they escalate into market disruptions.

Unlike traditional stabilization mechanisms that rely on capital reserves, buffer funds, or external interventions, the Smart Stabilization System introduces a next-generation framework for achieving autonomous market stabilization through proactive and programmed stabilization mechanisms. By incorporating distributed ledger technology and cryptographic trust mechanisms, the platform enhances transparency, trust, and operational resilience for digital asset and commodity markets.

The successful patent grant reflects IsDBI’s growing contribution to technological innovation and its commitment to developing knowledge-based solutions that address contemporary economic and development challenges.

Since filing the patent application back in 2022, the Institute has continued to advance the Smart Stabilization System through ongoing development and testing, aimed to expand its practical applications and support future capitalization opportunities. These advancements have positioned the system as a potentially transformative solution for enhancing stability and resilience in increasingly digital and interconnected economies.

Commenting on this occasion, Dr. Sami Al-Suwailem, Acting Director General of IsDBI, said, “The grant of this patent by the Intellectual Property Office of Singapore further strengthens the Institute’s position as a leader in developing innovative knowledge-based solutions that leverage modern technologies to address complex development challenges. This achievement reflects our commitment to translating pioneering research into practical solutions that contribute to economic resilience and sustainable development.”

Distributed by APO Group on behalf of Islamic Development Bank Institute (IsDBI).

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Liberia to Preview Next Oil & Gas Licensing Round Strategy at Houston Investor Day

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The Liberia Petroleum Regulatory Authority will host operators, investors and partners in Houston on August 19 to preview future licensing opportunities and showcase the exploration potential of its offshore basins

HOUSTON, United States of America, August 7, 2026/APO Group/ –The Liberia Petroleum Regulatory Authority (LPRA) will present its strategy for the country’s next offshore licensing round at Liberia Investor Day Houston on August 19, bringing together international exploration companies, investors, service providers and energy leaders to discuss the next phase of Liberia’s upstream development.

Hosted in partnership with Energy Capital & Power, the event will provide a platform for the LPRA, led by Director General Hon. Marilyn T. Logan, to outline Liberia’s regulatory framework, investment priorities and plans to attract new participation across the country’s offshore sector. Discussions will focus on upcoming licensing opportunities, exploration prospects and the subsurface data supporting future investment decisions.

Liberia’s offshore sector is entering a new phase of exploration activity, with renewed international participation and a growing pipeline of opportunities. Following the award and ratification of eight Production Sharing Contracts in 2025, Liberia has re-established itself as a frontier exploration destination, with international operators advancing work programs designed to further evaluate the country’s petroleum potential. TotalEnergies is progressing exploration activities that include offshore geochemical surveys, 3D seismic acquisition and seabed mapping, while Oranto Petroleum has also signed contracts to explore Liberia’s offshore.

At the Liberia Investor Day Houston, the LPRA will provide industry stakeholders with insight into the priorities shaping the next licensing round, including the anticipated process, qualification requirements, available acreage and access to technical data. The engagement will give prospective investors a clearer view of Liberia’s exploration landscape and the opportunities emerging across its offshore basins.

The event will also facilitate direct dialogue between LPRA and the global upstream community, connecting companies with policymakers and industry stakeholders involved in shaping Liberia’s next chapter of petroleum development.

As exploration companies continue to seek new frontier opportunities, Liberia Investor Day Houston will highlight the role of regulatory certainty, data availability and strategic partnerships in unlocking long-term investment across Liberia’s offshore sector.

Registration is now open for attendees. Companies interested in Liberia’s emerging offshore opportunities are invited to join LPRA, investors and upstream leaders in Houston for insights into the country’s licensing strategy and exploration outlook. For more information contact info@energycapitalpower.com.

Distributed by APO Group on behalf of Energy Capital & Power.

 

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