"Turning its waste into treasure. QL is the only company with palm pelletising technology which claims to be the first of its kind in Malaysia. To date, the company has invested RM12m for the research and development and set up of the plant. This technology essentially converts waste from empty FFB to commercial pellet fuel for power utilities biomass programmes. The company has plans to export these palm pellets to China, Japan, South Korea and Europe.
Baby steps for now. QL will begin commercial production of palm pellets in Jan 13 beginning with 1,000MT per month and will eventually increase this to 2,000MT permonth. However, we have not imputed any contributions from this new venture as contributions will be very insignificant in FY13 as commercial production volume remains small."
My hat's off to you guys for your tireless due diligence. Brian will speak some day I'm sure. When is anybody's guess. However, the longer the period of silence, the louder and more convincing he will have to speak. At this point, anything less than an announcement of a blockbuster, mega-million, multi-KDS deal will be a disappointment.
Market Data 
Markets 
AI
