First palm oil refinery in SOCCSKSARGEN to be completed by 2024 - BusinessWorld Online

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The first palm oil refinery in the South Cotabato, Cotabato, Sultan Kudarat, Sarangani and General Santos City (SOCCSKSARGEN) region is expected to be completed by 2024 after construction began in July, Land Bank of the Philippines (LANDBANK) said. READ:

THE FIRST palm oil refinery in the South Cotabato, Cotabato, Sultan Kudarat, Sarangani and General Santos City region is expected to be completed by 2024 after construction began in July, Land Bank of the Philippines said.

“LANDBANK looks forward to the completion of the very first refinery mill in SOCCSKSARGEN. We remain committed to serve the development requirements of the palm oil industry and the whole agriculture sector towards inclusive and sustainable countryside development,” LANDBANK President and Chief Executive Officer Cecilia C. Borromeo said.

LANDBANK said that the mill, located in Tacurong City, Sultan Kudarat, is expected to make palm oil products more accessible and affordable and serve as a stable source of income for palm oil growers from Sultan Kudarat and Maguindanao.

 

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