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The Jakarta Post
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DKI Jakarta, Indonesia
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INKUD, Lestari Pasifik to build 616 bio-ethanol plants

  • The Jakarta Post

Jakarta | Tue, September 20 2011 | 10:42 am

PT INKUD Exchange signed a memorandum of understanding (MoU) on Monday with Malaysian biotechnology firm Lestari Pasifik Berhad to establish a joint venture aiming to set up 616 bio-refinery factories to process oil palm waste into bio-ethanol in Indonesia and Malaysia over the next five years.

Following the agreement, INKUD Exchange — a joint venture between the Federation of Indonesia R...

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