Oiltek International secures RM37.2 million in new contracts

Reuters
Yesterday
<a href="https://laohu8.com/S/HQU.SI">Oiltek</a> International secures RM37.2 million in new contracts

Oiltek International Limited said it has secured new contracts worth about RM37.2 million across the Philippines, Africa, Pakistan and Malaysia. The contracts cover the design, fabrication, delivery, testing and commissioning of a 200 MTD biodiesel plant in the Philippines, a 100 MTD physical refinery plant in Africa, a 100 MTD neutralization plant in Pakistan, and a glycidyl esters mitigation system with an ice condensing vacuum system for an existing 700 MTD physical refinery plant in Malaysia. Oiltek added that its order book stands at approximately RM350.0 million, to be fulfilled over the next 18 to 24 months, and said the new contracts are expected to contribute to FY2026 performance.

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