Fitters Group's green mill makes inroads into Indonesia

 Friday July 6, 2012

KUALA LUMPUR: Fitters Group Bhd has secured a US$3.87mil (RM12.28mil) contract with PT United Kingdom Indonesia Plantations (UKINDO) for its green mill project.

It said on Friday its unit Future NRG Sdn. Bhd would supply and commission the equipment for the dried long fibre (DLF) and biogas power generation plants at UKINDO's palm oil mill located at Blankahan, Sumatra.

Fitters said FNRG would provide management services to UKINDO for the project at the Blankahan palm oil mill.

It added FNRG would have the exclusive rights to off-take any and all DLF end-products produced at the Blankahan palm oil mill. FNRG would also off-take the products, ranging from 9,000 tonnes to 10,000 tonnes.

Fitters said the contract was in line with the group's entry into the renewable energy sector, and in particular the biomass to energy sub-sector, "the agreements will further enhance its thrust into the renewable energy sector".

It also said the contract would enable the group to showcase its "green mill" concept and also demonstrate its business model to achieve a profitable zero waste management plan, for palm oil mills.