New palm oil plant for $16m

Mong Reththy Group (MRG) will begin construction on a US$16 million crude palm oil refinery next month in Preah Sihanouk province, where several thousand hectares of palm trees are grown, insiders said yesterday. Mong Reththy, president of the eponymous firm, told the Post that his company intends to start construction on the 60-tonne capacity refinery in April, with the plant to be finished within 12 months. …

http://www.phnompenhpost.com/2013030661772/Business/new-palm-oil-plant-for-16m.html