AAK Inaugurates Customer Innovation Center in Singapore

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Sep 28, 2018, 04:04 ET

KARLSHAMN, Sweden, Sept. 28, 2018 /PRNewswire/ -- On Thursday, AAK inaugurated its new Customer Innovation Center in Singapore to further strengthen its capabilities and customer co-development approach in the Southeast Asian market. The company has similar centers across the world in which it works closely with customers to develop value-adding vegetable oil solutions.

"This state-of-the-art center will be focused on applications within Chocolate & Confectionery Fats, Bakery, Ice cream and Dairy, and Special Nutrition", says Torben Friis Lange, President Asia. "With this investment, we are dedicated to support our existing regional customers and give them access to AAK's global solutions as well as build new customer relations to further support our growth in Southeast Asia."

The center is located at Biopolis, an integrated R&D complex that houses research laboratories of pharmaceutical and biotechnology companies as well as public sector research institutes. At the grand opening, AAK welcomed regional customers, representatives from the Ministry of Trade and Industry in Singapore, as well as Sweden's ambassador to Singapore.

"Southeast Asia is one of the fastest-growing economies on the continent and the demand for speciality and semi-speciality edible oils is expected to grow strongly in the region", says Torben Friis Lange.

For further information, please contact:
Torben Friis Lange	Fredrik Nilsson
President Asia	CFO
Mobile: +45-2199-8578	Mobile: +46-708-95-22-21
E-mail: [email protected]	E-mail: [email protected]

This information was submitted for publication at 09:50 a.m. CET on September 28, 2018.

AAK is a leading provider of value-adding vegetable oils & fats. Our expertise in lipid technology within foods and special nutrition applications, our wide range of raw materials and our broad process capabilities enable us to develop innovative and value-adding solutions across many industries – Chocolate & Confectionery, Bakery, Dairy, Special Nutrition, Foodservice, Personal Care, and more. AAK's proven expertise is based on more than 140 years of experience within oils & fats. Our unique co-development approach brings our customers' skills and know-how together with our own capabilities and mindset for lasting results. Listed on Nasdaq Stockholm and with our headquarters in Malmö, Sweden, AAK has 20 different production facilities, sales offices in more than 25 countries and more than 3,400 employees. We are AAK – The Co-Development Company.

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Press release (PDF)

SOURCE AAK AB