Plant Near Kemaman For biodiesel & biomedical Products

KUALA TERENGGANU, Aug 24 (Bernama) -- Home-grown Bio Global Tech Sdn Bhd plans to start building a RM120 million plant at Teluk Kalong in Kemaman by year end to produce biodiesel as well as biomedical products from palm oil.Managing director Md Hamzah Abdullah said today that besides Biodiesel B100, the other main products will be vitamin E, glyecrine and stearin which are in high demand both locally and overseas.According to him, the vitamin E found in palm oil, known as tocopherol and tocotrienol, are associated with health benefits such as lowering cancer and cardiovascular risks, and they also help strengthen the immune system and have a high content of antioxidants."Terengganu was chosen because it has investor-compliant infrastructure facilities such as the East-West Highway and airport, and we are awaiting state government approval to build the factory on a 10-ha site," he told reporters after signing a memorandum of understanding between his company and Luher Management Bhd here.Luher Management Bhd was represented by its managing director, Datuk Abdul Karim Mohamad, and among those present was the State Executive Councillor in charge of industrial development and tourism, Datuk Mohamed Awang Tera.Md Hamzah said the plant will provide jobs for 40 to 50 local people and will also help lift the state's economic status.At present, he said, Bio Global Tech has one overseas branch, in Cambodia.