Heng Huat Resources Group, an integrated manufacturer of oil palm and coconut biomass products, will invest MYR35m (US$9.5m) to build a new oil palm empty fruit bunch (EFB) fibre manufacturing facility in Gua Musang, Kelantan, Malaysia.
EFB is the residue produced when palm fruit is taken from a fresh fruit bunch in the initial process of palm oil production.
H’ng Choon Seng, co-founder and managing director, said this will enable the group to meet increasing demand from China, as well as enter new export markets such as Japan, South Korea and Australia.
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