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KLK sets oil palm planting target

Business Times

Tuesday, August 26, 2008

KUALA Lumpur Kepong Bhd (KLK), Malaysia’s third largest listed planter, plans to grow oil palm at 10,000ha every year, mostly in Indonesia, chief executive Datuk Seri Lee Oi Hian said yesterday.

He said in an interview that the firm has invested RM200 million in a biodiesel softening plant, which will be commissioned in the second half of 2009. — Reuters

 



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