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STERLING BIOFUELS INTERNATIONAL LIMITED - ASX: SBI

The data on Australian Shares.com is intended as a guide only and is compiled from information in the public domain. Data on this website should not be used to make an investment or trading decision.

Description

Sterling Biofuels International Limited (ACN 119 880 492) is a public company limited by shares incorporated under the Corporations Act. It was listed on the Australian Stock Exchange on 25 September 2006.

Through its wholly owned Malaysian subsidiary, SPC Biodiesel Sdn Bhd, Sterling Biofuels has constructed a 100,000 tonne per year Biodiesel plant in Lahad Datu in the Malaysian state of Sabah which is ready to commence production.

Building on its biodiesel manufacturing base, the Sterling Biofuels Group has initiated diversification into upstream activities namely oil palm plantations and palm oil milling via its wholly-owned Malaysian subsidiary - SPC Biodiesel Sdn Bhd. As palm oil is the primary feedstock for the manufacture of its biodiesel, the participation and investment by the Group in various upstream activities within the industry value chain is a logical and complementary extension to its biodiesel business.

In this regard, the Group will have a plantation arm - Sterling Plantations Sdn Bhd that will undertake plantation development and management whilst SPC Palm Mills Sdn Bhd will undertake the construction and operation of a palm oil mill.

Mine For

biodesiel

Location of operation(s)

Malaysia

Address

57 Havelock St
WEST PERTH, WA, AUSTRALIA

Phone

(61 8) 9324 8583

Email

Website

http://www.sterlingbiofuels.com/

Last Updated

14/01/2011

The data on Australian Shares.com is intended as a guide only and is provided purely as an indication of what information can be found through official announcements. Data on this website should not be used to make an investment or trading decision. All information should be carefully cross-checked against official sources for accuracy. The publisher (Intaanetto Pty Ltd) will not be held liable for any loss arising from the use of this website.