Mission Biotechnologies Invests RM100 Million In Biodiesel Industry

KUANTAN, June 2 (Bernama) -- Mission Biotechnologies has invested RM100 million to set up a new biodiesel and glycerine purification refinery located at the Kuantan Port here. Its Chairman, Tan Sri Razak Ramli said the refinery was designed to produce 100,000 tonnes of biodiesel a year using crude palm oil (CPO) as its primary feedstock. He said the company has already secured the feedstock at a highly competitive cost.

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