A POWERFUL, INTEGRATED, GLOBAL PLATFORM FOR ALTERNATIVE NOURISHMENT
We plan to invest $200 million in our Bio Energy business over the next 24 months. This will allow us to set up four new plants in India with an annual capacity of 45 million metric litres of ethanol each.
In 2020, we will be investing $12.4 million into four further plants in Zambia, Indonesia, Sierra Leone and Vietnam bringing our total to 13 plants.
We plan to acquire or construct five crude palm oil mills within the next two years. The largest mill is on a 75,000-hectare area of land in Lahad Datu, Sabah and is fully operational. All five mills are to be fully operational by 2020.
We plan to invest $5 million to build a distribution network encompassing 250,000 farmers by 2020. This will focus primarily on fodder, maize, bajra and rice paddies.
We plan to invest $5 million into our nutraceuticals processing plant. Here, we will manufacture a weight loss supplement based on tamarind extract and a cancer research drug based on turmeric extract.