CB Industrial hopeful planters will like its green mills

  • Business
  • Saturday, 20 Jun 2009

PETALING JAYA: CB Industrial Product Holding Bhd (CBIP) is hopeful its Modipalm mill with a “zero waste discharge” feature will be well received by Malaysian plantation companies as it will enable them to comply with environmental guidelines.

CBIP’s zero waste discharge system is environmentally friendly because it composts all effluents into organic fertiliser. In contrast, conventional mills discharge a certain level of effluents into streams.

CBIP’s mills that are designed with zero waste discharge are marketed to plantation companies in Malaysia where they are more likely to have to comply with stringent environmental rules sooner than in Indonesia.

The mills would enable plantation companies to comply with the guidelines set by the Roundtable on Sustainable Palm Oil (RSPO), an international organisation with its secretariat in Kuala Lumpur, CBIP managing director Lim Chai Beng told StarBizWeek yesterday.

The RSPO promotes sustainable growth of palm oil products and addresses the interests of all stakeholders, including non-governmental organisations.

Federal Land Development Authority operates two CBIP mills with zero waste discharge systems and CBIP itself uses one in its own plantation. The company is building a second one for its own estate.

CBIP announced to Bursa Malaysia yesterday it was awarded by Wilmar International Ltd group to design and supply three palm oil mills for the latter’s plantations in Kalimantan for a total of about RM45mil.

These, however, are not for its zero waste discharge design.

“We’re happy Wilmar bought our Modipalm mills even though it has its own team of engineers who designed and built mills for the company. It shows Wilmar is convinced our Modipalm mills are more efficient than conventional mills,” Lim said.

At present, the company’s order book of its engineering division is enough to keep it busy for the next 1½ years.

  CBIP :  [Stock Watch]  [News]

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