JOHOR BAHRU, Aug 8 (Bernama) -- Kulim (Malaysia) Berhad (KULIM), through its plantation subsidiary, Mahamurni Plantations Sdn Bhd (MPSB), will build its first palm-fibre oil extraction (PFOE) plant in Sedenak palm oil mill in Johor.

As part of its waste to treasure initiative, the PFOE plant extracts oil from mesocarp fibre from the processed fresh fruit bunches to produce red palm oil that can be sold at 85% of the crude palm oil price. It would generate a new income stream for the Group with an estimated RM8 million annually.

MPSB today signed a contract agreement with Eonmetall Technology Sdn Bhd (Eonmetall), a subsidiary of Eonmetall Group Berhad based in Penang, to build the plant, which is to be ready in the third quarter of next year.

The agreement was signed by Mohd Faris Adli Shukery, Managing Director of KULIM, on behalf of MPSB, and Yeoh Cheng Chye, Managing Director of Eonmetall. Also present were Fairuz Ismail, Chief Operating Officer of KULIM, and Dato’ Mohammad Radhi Abdul Razak, Independent Non-Executive Director, Eonmetall Group.

“The project is part of our efforts to implement a circular economy through harnessing waste oil as feedstock for biofuels and utilising renewable energy for plant operations from sustainable sources. More importantly, it is a testament to our commitment towards the Environmental, Social, and Governance (ESG) agenda," said Mohd Faris.

Eonmetall, which owns the patented technology, has installed more than 20 plants in the palm oil industry since 2007.

“This is a significant direction for KULIM to invest in an integrated-valued-additional approach to produce high-value palm fibre oil. The plant is designed with continuous and fully automated operation with minimal people operating, in line with the adoption of IR 4.0 in their oil palm-related processing,” said Yeoh.

About Kulim (Malaysia) Berhad
 
Kulim (Malaysia) Berhad (KULIM) is a wholly-owned subsidiary of JCorp. Over the years, KULIM has been recognised as one of the leading palm oil groups with operations in Malaysia and Indonesia. KULIM was amongst the earliest palm oil producers to be certified to the Roundtable on Sustainable Palm Oil (RSPO) standard.
 
KULIM is committed and focused on leveraging its expertise in the plantation by expanding agribusiness activities, including an integrated value chain of oil palm, agro farming, livestock, trading, and services.
 
KULIM has the vision to be the most progressive, efficient, profitable, and respectable agribusiness company in the region with the mission to achieve operational excellence through continuous improvement and best practices while being an exemplary corporate citizen that is responsible to society and the environment. 

Source: Kulim (Malaysia) Berhad 

FOR MORE INFORMATION, PLEASE CONTACT: 
Name: Mohammed Izuddin Rosli
Head of Communication
Tel: 019 777 1710
Email: izuddin@kulim.com.my

Name: Dalilah Ibrahim
Senior Manager, Corporate Communication
Tel: 012 328 1727
Email: dalilah@kulim.com.my

--BERNAMA