MARKET DEVELOPMENT
Feronia – A World Class Palm Oil Producer in The Making
Feronia – A World Class Palm Oil Producer in The Making
05/07/2012 (Proactive Investors UK) - Ravi Sood, Chairman of Feronia, talks about the highest yielding vegetable oil, a $100 Billion market by 2020, price not dipping below the marginal cost of production in the last 30 years, replanting existing plantations, no deforestation, low costs, a 3rd palm oil mill under construction, and a 107,000 hectare concession (June 2012).