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April 09, 2008 | Jim Lane | Comments 0

Dubai Group invests $49.5 million in owner of 200,000 tonne Malaysian biodiesel behemoth

In Malaysia, Dubai Group invested $49.5 million for a 30% stake in GBD Investment. GBD has started production at a 200,000 metric ton biodiesel plant at Lahad Datu in the Malaysian state of Sabah.

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