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Byline: Neil Jerome C. Morales
The CIIF Oil Mills Group plans to venture into biodiesel production to open a new market for coconut farmers and oil producers, incoming president Jesus L. Arranza said yesterday.
"For my first move, I have talked already to a possible supplier. We will toll manufacture with a company," Mr. Arranza told reporters in a briefing.
Mr. Arranza said he will finalize an agreement with Laguna-based biodiesel producer Atson Coco, Inc. when he assumes control of the CIIF group.
"I will sign a toll agreement bringing in crude coconut oil to [Atson] for them to process... I will toll manufacture with [Atson] while we are …