FGV expands bulking facility to cater to market demand

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KUALA LUMPUR: FGV Holdings Bhd has expanded its bulking facility by adding six new vegetable oil storage tanks to cater for increasing market demand a...

: FGV Holdings Bhd has expanded its bulking facility by adding six new vegetable oil storage tanks to cater for increasing market demand and to fulfil the government’s B20 biodiesel mandate for the transport sector.

It complements a fully computerised system, stringent quantity and quality controls, strict security and safety measures, as well as comprehensive receipt-storage-dispatch facilities, he added. FGV operates its bulking and storage business through its subsidiary FJB, which handles 25 per cent of Malaysia’s total palm oil exports and provides tank space solutions for international vegetable oil traders to conduct business worldwide.

Nine additional tanks in Tanjung Langsat, Johor with 20,000 tonnes capacity are currently under construction and will be completed by the third quarter of 2021.

 

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