JOHOR BAHRU, Malaysia, Jan. 31, 2017 /PRNewswire/ -- Hong Kong-based Plantations International, through its fully-owned Malaysian subsidiary, has completed the clearance of its last remaining oil palm trees from its palm oil plantation in Kulai, Malaysia. The clearance is designed to make way for more environmentally friendly and sustainable agroforestry crops.
Due to serious environmental concerns coupled with steep competition and the recent sharp decline in global palm oil prices, Plantations International has strategically decided to distance itself from cultivating oil palm trees until further notice.
Any and all live consulting and marketing services agreements that Plantations International has with third party oil palm growers will be fully honored till their expiry and then will be renewed on a case by case basis.
Plantations International Media Contact
For further information, please contact:
Mr. Marvin Lee
Director of Communications
Plantations International Limited
About Plantations International
Plantations International is a multinational plantation and farm management company whose specialty is in providing sustainable agricultural and forestry management services for its clients. From the pre-conceptual planning stages to harvesting and marketing the final products, Plantations International strives to go the extra mile to exceed its clients' expectations. We put teamwork, innovation and our passion for creating "ethical & sustainable capital" at the heart of everything we do.
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SOURCE Plantations International