With the agreement, Boilermech will have the sole and exclusive rights to commercialise the technology for all mills in several countries. They are Malaysia, Australia, Brazil, Canada, Cote d’Ivoire, China, Columbia, Ecuador, Europe, Indonesia, India, Japan, South Korea, Mexico, Papua New Guinea, Philippines, Russian Federation, Thailand, Ukraine, and the United States.
The licence, aiming at increasing the overall efficiency of oil palm extraction from oil palm fruit, will last until 2030.
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