This news article was originally written in Spanish. It has been automatically translated for your convenience. Reasonable efforts have been made to provide an accurate translation, however, no automated translation is perfect nor is it intended to replace a human translator. The original article in Spanish can be viewed at MG Biogreen, preparado para construir 10 plantas de gestión de residuos
MG Biogreen, prepared to build 10 plants for waste management
20/09/2007
September 20, 2007
The company MG Biogreen Sdn. Bhd., fertilizer manufacturer, arises the construction of 10 plants for waste management of Palm over the next three years.
The Vice President of MG Biogreen presented this project after the signing of a purchase agreement of reducing emissions with Japanese Kansa Electric Power Co Inc. This agreement allows the company Malaysia sell up 400,000 emission credits generated by waste management plant in Sabah, until the end of 2012.
Each plant will have an estimated cost of 6.94 million Ringgit (about EUR 1.4 million) and its funding will come both internal and external organizations.
With the construction of these plants, the company expects to generate many more carbon credits that can be sold to other companies or countries that are in need of them.
