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Bulking Group Business Model

Accredations

Capabilities

Facilities

INWARD

outWARD

Discharge

Shipment

Bulking

Collection

Transfer

Transfer

Fima Bulking

Service Bhd

ISO 9001:2008

Handle Wide Range

of Liquids

272 Tanks

275,190 MT

Fimachem Sdn Bhd

ISO 9001:2008

OHSAS18001:2007

Containerization

Nitrogen Blanketing

and Drumming

Fima Palmbulk

Services Sdn Bhd

ISO 9001:2015

Freight Forwarding/

Warehousing

Tank Gauging

& Heating

Fima Freight

Forwarders Sdn Bhd

ISO 9001:2008

Transshipment

Direct Export Pipelines

& Berthing

3 Terminals in North Port

2 Terminals in Butterworth

Our capital

expenditure for

FYE2019 totalled

RM5.04 million

.

We made

considerable

progress on a number

of operational

areas involving

enhancements to our

existing infrastructure

and assets.

only improves land utilization of

our terminal but enables us to

handle significantly more volume

and grow market share over the

long-term and this bodes well for

longer-term stability. The tanks are

constructed in accordance with

API Standard 650 and will include

installation of associated pipelines.

Site establishments works which

commenced in December 2018 are

now well underway and we expect

the tanks to be operational by

the second quarter of this current

financial year.

As reported last year, we initiated

the revival of the Group’s 60,000

MT/per annum biodiesel plant. The

plant, which is ISCC-EU compliant,

willfully commence commercial

operations this current financial

year. We are encouraged by

the numerous interests we have

received from potential customers

and collaborators to-date with many

discussions taking place. We are

aware that biodiesel producers are

currently facing major challenges

with regard to the European biofuel

policy, but nevertheless we remain

bullish about the plant’s overall

prospects. We believe that it is a

step in the right direction as biofuel

and renewable energy looks likely

to dominate the rapidly-changing

energy market in the years to come.

Our capital expenditure for

FYE2019 totalled RM5.04 million.

We made considerable progress

on a number of operational areas

Kumpulan Fima Berhad

(11817-V)

Annual Report 2019

52