Monday 26 March 2012

CBIP secures RM44.66m palm oil refinery project

KUALA LUMPUR (March 26): CB INDUSTRIAL PRODUCT HOLDING [] Bhd has secured a RM44.66 million contract from Kumpulan Perladangan PKINK Bhd to build a palm oil mill.

CBIP said on Monday its unit Modipalm Engineering Sdn Bhd was awarded a contract by PKINK’s unit Syarikat Ladang Sungai Terah Sdn Bhd to design and build a mill with a capacity of 30 tonnes per hour at a cost of RM42.61 million.

It said the contact included the extension of another 15 tonnes per hour capacity valued at RM2.05 million.

It added the extension had to be undertaken within two years after the 30 tonnes per mill had been handed over.



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