InvestorsHub Logo
Followers 1
Posts 31
Boards Moderated 0
Alias Born 05/01/2014

Re: king oil post# 7519

Wednesday, 01/20/2016 5:18:25 PM

Wednesday, January 20, 2016 5:18:25 PM

Post# of 7652
Borneo oil
Renewable Energy

It was part of the division`s plan to focus on renewable energy and related activities as highlighted in the previous year’s review. The division had successfully completed the contract awarded by Shell Timur Sdn Bhd for the engineering, procurement, construction and commissioning of biodiesel storage tank facilities.

With regards to the Vertrolysis process which converts palm oil wastes and biomass by-products to biofuel, bio-char and bio-gas, the same is now in its final stage of evaluation which included the setting up of a pilot plant in Sabah by adapting the said American technology process to local manufacturing, environmental and regulatory requirements.


These will eventually determine the feasibility of the venture and its inclusion to the division’s future business plans

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.