DS Danseok (CEO Seungwook Han and Jongwan Kim) announced on the 19th that it participated in the global bioenergy raw material conference 'POC 2026 (Palm & Lauric Oils Price Outlook Conference & Exhibition)' held in Malaysia from the 9th to the 11th.
Now in its 37th year, POC is an international conference dedicated to discussing the price and supply/demand outlook for palm oil, lauric oil, and vegetable oils, key raw materials for biodiesel. Representatives from over 50 countries, including bioenergy companies, financial institutions, and policymakers, attend the conference to share market trends and discuss raw material procurement, market expansion, and technological cooperation.
At this event, DS Danseok reviewed global raw material market changes and the growing demand for biodiesel. It also engaged in networking and sales activities to diversify raw material procurement and expand overseas markets. In particular, the company shared its experience producing biodiesel using low-cost raw materials like palm oil byproducts and waste oil, as well as examples of process improvements, and explored potential partnerships with global companies.
The company explained that while the high refining difficulty of low-cost raw materials had previously limited their use, recent process advancements have expanded their scope to meet biodiesel quality standards. The company believes this shift has broadened the spectrum of raw material utilization, shifting away from a structure focused on high-cost raw materials, and increased flexibility in the production process.
To this end, DS Danseok has invested in upgrading its biodiesel production facilities, despite the short-term decline in sales resulting from some production line adjustments over the past two years. Beginning with the Pyeongtaek Plant 1 in August of last year, the company has implemented improved process equipment in stages, establishing an operational foundation capable of efficiently processing a variety of raw materials.
A DS Danseok official explained that participation in this POC provided an opportunity to examine the global raw material market and biodiesel demand trends and expand the scope of cooperation. Furthermore, once all plants with advanced process technologies are fully operational by 2026, profitability is expected to improve through increased overseas exports and diversified raw material procurement.
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