KUALA LUMPUR: Premium Renewable Energy (Malaysia) Sdn Bhd plans to set up a bio-oil plant costing US$40mil (RM124mil) near Lahad Datu, Sabah, and will consider building another 14 plants by 2015.
Premium Malaysia expects to start building the initial plant in the second quarter of 2011, with plan for full operation in the second quarter of 2012.
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