- The Company is actively going into Upstream businesses and is planning to acquire holdings in palm oil plantations in the region as a natural hedge against feedstock, price fluctuations and costs squeeze.
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- These plantations will provide LBC with access to our own supply of crucial raw materials and will also be a help towards ensuring the Company being able to enjoy in the future a more stable and sustainable level of revenue from a wide range of synergetic business activities.
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- Even more importantly, the plantations will generate large amounts of biomass which represent an important source for our development and research into the next generation Biofuels.
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- LBC plans to work closely with its directors and business partners and through their resources, to achieve further growth in Biofuel and related businesses in the years to come.
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- LBC intends to manage its plantation right from the establishment of nursery to harvesting and oil milling.
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