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BIOFUELS

Sterling sells biodiesel plant

STERLING Plantations has entered into an agreement with GP Overseas to sell its wholly owned Malaysian subsidiary, SPC Biodiesel, for 33 million Malaysian ringgit ($A11.3 million).

Andrew Snelling
Sterling sells biodiesel plant

SPC Biodiesel owns a 100,000-tonne biodiesel plant located in Lahad Datu in Sabah, Malaysia. The sale is conditional upon a number of approvals, including from shareholders of GP Overseas and possibly...

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