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May 29, 2008 | Jim Lane | Comments 0

AGRO Biotechnology to build a 68 Mgy biodiesel in Malaysia

In Malaysia, AGRO Biotechnology Technovation announced that it is building a 68 Mgy biodiesel plant, at a project cost of $281 million. The plant will open in March 2010. The company said that it expects to sign a $2.5 billion off-take agreement with Habib Oil of Uganda, associated with Tamoil East Africa, the Libyan state oil company.

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