Portuguese biodiesel firm develops new palm oil extraction tech

Portuguese biodiesel plant manufacturer IncBio has developed a new crude palm oil (CPO) extraction technology that the company says can achieve an oil extraction rate of more than 25 percent, thereby increasing oil extraction by an additional 25 percent. “Considering [the oil extraction rate] for the Malaysian palm oil industry was 20.1 percent in 2016, this represents a potential efficiency gain of 25 percent,” the company stated.