KUALA LUMPUR (Yosefardi) – CB Industrial Product Holding Berhad (CBIP”) said its unit Modipalm Engineering Sdn Bhd has accepted the Letters of Award of Contract from PT Rafi Kamajaya Abadi, a subsidiary of TDM Berhad, for a Continuous Sterilisation palm oil mill project in Nanga Pinoh Melawi, Kalimantan Barat, Indonesia.
The contract is to construct a 60 tons per hour Continuous Sterilisation palm oil mill and to deliver 3 units of Double Deck Continuous Sterilisation System.
The contract is valued for RM50.3 million, consists of import portion (US$9 million) and local portion (Rp72.8 billion).