Oiltek bags new $18.4m contracts

The group’s current order book stands at $119.9m.

Oiltek International Limited has secured new contracts worth $18.4m (RM61.9m) across Africa, the Americas, Thailand, Indonesia, and Malaysia.

The new contracts cover a 25-metric-tonne-per-day (MTD) soapstock acidulation plant (Africa); a 360 MTD dry fractionation plant (Thailand); 300 MTD (Indonesia); and in the Americas: two 200 MTD physical refineries and two 200 MTD dry fractionation plants.

In Malaysia, it includes installing storage tanks for a new palm oil and fats refinery complex; demolishing an anaerobic digester tank and upgrading the desulfurisation unit of an existing POME-Biogas Capture Plant; and consultancy services for the upgrade of an acid esterification biodiesel plant.

The group’s current order book stands at $119.9m (RM402.4m) and is expected to be fulfilled over the next 18 to 24 months.

($1=RM3.35)

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