Thanks jamo71 for your post. I note from SBI forum you prefer SBI. Is not a key difference between SBI and MBT the fact that SBI planned to use refined palm oil and MBT plans to use crude palm oil ($75 per tonne cheaper than refined) and Jatropha? The announcment by MBT on 4th June claims that they have a $130 tonne advantage over their peers (read SBI) due to (a) using crude palm oil and (b) producing purified glycerin. It will be interesting to see how they perform as they are going ahead with commissioning next month. It appears jatropha as a feedstock does not worry Tiger who are putting in US$65 million as convertible debt. I think with diesel prices where they are today and the fact that jatropha is proven elsehwere, MBT's strategy looks quite exciting
Add to My Watchlist
What is My Watchlist?