OPG Turns Focus to Laos for Oil Palm Plantation
(Bangkok Post) OPG Tech Co, a local palm oil trader, is gearing up for oil palm plantation and biodiesel production in Laos after seeing limited business opportunities in Thailand. OPG plans to develop the plantation on a 16,000-hectare plot, about 100,000 rai, over a few years to increase biodiesel production to 120,000 litres daily.
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The Lao government supports biodiesel energy, he said, in particular B10, a diesel with 10% methyl ester content. LAT also holds licences from the government to operate as a palm oil crusher, biodiesel producer and provider of micro-credit for plantations. READ MORE