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The refinery in Brake has a full capacity of approximately 700,000 tonnes per annum of which 300,000 will be dedicated to palm oil supplied from NBPOL's estates.
NBPOL and Wilmar International are working closely together to ensure that large and small food manufacturers in Continental Europe are able to source the widest range of fully segregated certified sustainable palm oil in an affordable manner.
NBPOL is a large scale integrated industrial producer of sustainable palm oil in Australasia, headquartered in Papua New Guinea.
M2 EQUITYBITES-February 24, 2015-Sime Darby Offer Accepted by 98.8% of NBPOL's Voting Shares
The negative outlook revision factors in the slower-than-expected pace of measures initiated thus far to address the substantial increase in group borrowings following the debt-funded acquisition of New Britain Palm Oil Limited (NBPOL) for MYR 6.0 billion in March 2015.
has been accepted by 98.8% of NBPOL's voting shares, the companies said on Tuesday.
NBPOL has also released its first Carbon Footprint report (attached), which it believes is the first report of its kind in the palm oil industry.
Palm oil producer New Britain Palm Oil Limited (NBPOL) (LSE:NBPO) has acquired full control of Kula Palm Oil Limited (KPOL), the company announced today.
As consideration for the 20% stake NBPOL has issued 3,337,147 new ordinary shares to IPBC.
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