Tuesday, May 13, 2008

Equatorial Biofuels-Crude Palm Oil

CS Monitor reports on David Parker's company Equatorial Biofuels,which :
Has taken over the 36,000-acre Palm Bay plantation and plans to invest up to $10 million initially to rehabilitate the estate and begin producing palm oil industrially again.
Their goals are to:
-Begin rehabilitation of the existing palm plantations;
-Identify the optimal locations for developing a nursery and new palm oil plantations within the areas covered by the Permits and Plantation Agreements; and
-Commence nursery operations in preparation for the planting of the new oil palm plantations.
Click here for Slide show
See African Agriculture for further coverage

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