KUALA LUMPUR: Felda Global Ventures Holdings Bhd (FGV) will be ramping up its annual palm methyl ester (PME) capacity to 350,000 tonnes by 2016 from 100,000 tonnes currently.
The expansion comes following the acquisition of an adjacent plant in Kuantan, Pahang for US$47.5mil (RM168.2mil), said FGV palm downstream cluster processing head Wira Adam.
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