Zhong Seng Seeks ‘oil’ from Malaysia

9/11/2010 — Xiamen Net

Xiamen Zhong Seng Oil & Grains Company Ltd today singed a Memorandum of Understanding (MOU) with Malaysia’s ECERDC to collaborate in the future development of downstream palm oil activities.

Xiamen Zhong Seng Oil & Grains Company Limited’s Chairman, Mr. Huang Wen said in an interview that the participation of Zhong Seng in downstream activities will increase the company’s production capacity in future and stabilize the price of cooking oil which is going to benefit the Chinese at large.