PETALING JAYA: Ecoscience International Bhd
(EIB) has accepted a letter of award from Oiltek Sdn Bhd (OSB) worth RM61.8mil for the construction of a crude palm oil (CPO) pretreatment plant and a plant, machinery and equipment (PME) plant in Port Dickson, Negeri Sembilan.
In a filing with Bursa Malaysia, the integrated palm oil milling services provider said the contract entails undertaking the engineering, procurement, construction and commissioning of civil and structural works of 420 tonnes per day for the CPO pretreatment plant and 400 tonnes per day for the PME plant.
The award was accepted by EIB’s wholly-owned subsidiary, Ecoscience Manufacturing and Engineering Sdn Bhd (EMESB).
Under the contract, EMESB will be required to provide a performance bond, which is equivalent to 10% of the contract amount before the release of the down payment, which must remain valid until the warranty bond is posted.
“The contract completion date for the works shall be the date on the 534th day from the letter of award date,” said EIB.
