Pwani Oils shuts down due to shortage of raw materials

Leading cooking oil manufacturer Pwani Oils has temporarily shut down due to shortage of raw materials which leads to difficulties in accessing the dollar in order to pay suppliers on time.According to the manufacturer of Fresh Fri, among other oils its bankers are processing merely half of the dollar requests it needs to pay suppliers of crude palm oil from Malaysia.“Getting sufficient amount of dollars required to support the factory in terms of getting sufficient raw materials is not happening we are not even running the plant now due to lack of raw materials.” Said Pwani Oil Commercial Director Rajul Malde.

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