By OGJ editors
HOUSTON, June 5 -- Mission Biotechnologies Sdn. Bhd., a subsidiary of Mission Biofuels Ltd., Perth, Australia, said it will use crude palm oil (CPO) as primary feedstock at a biodiesel and glycerine purification refinery under development at Kuantan Port in Pahang, Malaysia.
It has secured access to the feedstock at a low cost relative to European producers. And it has secured a 5-year agreement with a European trading house for the sale of as much as 250,000 tonnes/year of biodiesel.
The refinery, scheduled to be commissioned in 60 weeks, is expected to produce 100,000 tonnes/year of biodiesel.
