10.05/2012 (Bernama) - Delima Oil Products Sdn Bhd expects a turnover of over RM1 billion this year with the launch of several new products, says Chief Executive Officer Zakaria Arshad.

The new products -- peanut butter, peanut spreads and chocolate spreads will soon be available at over 7,000 outlets including hypermarkets, supermarkets, mini markets and sundry shops, nationwide.

The company invested about RM3 million on production, advertising and promotion costs for the three new products, he told a press conference.

Delima Oil Products, a wholly-owned subsidiary of Felda Palm Industries Sdn Bhd was established in October 2000.

It markets palm oil-based downstream products such as refined, bleached, and deodorized bulk oil, cooking oil, margarine, shortening and dough fat, pure vegetable ghee and hydrogenated products, some of which are established brand names.