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Oiltek International secures new contract in Indonesia, brings order book to new high of $63.8 mil

Felicia Tan
Felicia Tan4/4/2022 10:52 AM GMT+08  • 2 min read
Oiltek International secures new contract in Indonesia, brings order book to new high of $63.8 mil
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Catalist-listed Oiltek International has been awarded a new contract to design, fabricate, supply, and commission a crude palm kernel oil refinery plant and a lauric refinery plant with ice condensing vacuum systems by a leading and reputable palm oil processor and exporter located in Indonesia.

The crude palm kernel oil refinery plant will have a capacity of 1,500 metric tonnes a day, while the lauric refinery plant will have a capacity of 600 metric tonnes a day.

The contract has brought Oiltek’s order book to a new historical high of RM198.1 million ($63.8 million). It has also raised the total value of new contracts secured for the FY2022 ending December to RM49.2 million.

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