Minori Bangladesh Limited, an arm of the Japanese farming group Minori Co Limited, could not yet get hold of Emerald Oil Industries Limited as the oil company's shares owned by its sponsors have been mortgaged against bank loans. The Japanese venture brought the Spondon rice bran oil company into operation with a fresh investment of Tk30 crore in January this year, and it is
Emerald Oil, one of the early entrants in the domestic rice bran oil market, has established a new branch in Japan last month as part of its plan to export its product to the island nation.
Emerald Oil Industries, one of the first to market rice bran oil domestically, plans to export its product to Japan, for which it has established a branch in the island nation last month.