16th Feb 2023 09:43
(Alliance News) - MP Evans Group PLC on Thursday said its sixth palm-oil mill has now been commissioned at its Musi Rawas estate in South Sumatra.
The sustainable Indonesian palm oil producer said this 60-tonne-per-hour facility is now processing all the fresh fruit bunches from the company's own areas and those of its associated smallholders.
MP Evans expects to be able to increase oil-extraction rates by utilising this new mill rather than sending crop to third-party mills.
Looking ahead, MP Evans said it will work towards receiving certification from the Roundtable on Sustainable Palm Oil for the new mill "as soon as possible." It explained that this will help to further increase its total percentage of certified sustainable production.
The company added that crops are continuing to increase "significantly" at Musi Rawas. MP Evans believes it can plant a minimum total of 10,000 hectares.
Shares in MP Evans were down 0.2% to 820.00 pence each in London on Thursday morning.
By Sophie Rose, Alliance News reporter
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