rj2 - The short to long-term expectations for palm oil production in ASEAN countries is expected to more than double by 2020. The palm oil is planned not only as a food source, but also targeted to bio-diesel, chemicals, and pharmaceuticals. And of course, pellets and potash. All of these are highly valuable end products.
In order to maximize profits, each mill or refiner will look to reduce their overall cost matrix. QL's process does just that by reducing the cost associated with the manufacturing process (methane gas capture) through refining and producing a fine dry powder (KDS), which is much more beneficial in other manufacturing and refining processes.
So if the palm oil production doubles, it seems to me anyone bringing to market a cheaper process (fewer machines required), that doesn't require outside power (methane gas capture), and produces a high value product from what was otherwise landfill (EFB and pome processed through the KDS) will have a very successful product to sell.
The 400+ mills are only those found in Malaysia. Through in all of the ASEAN countries, India, China, Africa, South and Latin America and, well, it's a big market opportunity for QL.
fwiw,
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