MYANMAR Rice Bran Oil Company Limited (MRBO) will manufacture 9,000 tonnes of crude rice bran oil and 6,300 tonnes of edible oil annually with solvent extraction methods and Indian-made equipment.
MRBO has been constructing a 200-tonne crude rice bran oil processing plant and a 50-tonne refinery plant. The by-product (defatted bran) of the rice bran oil factory will be used as raw materials by the feedstuff processing factory.
According to the project of MRBO, rice bran oil, sunflower oil, and soybean oil produced from oil refinery plants will be distributed to domestic markets, contributing to domestic edible oil requirements and substitute imports. Upon the government’s approval, it will be exported as well.
Under the guidance of the Myanmar Rice Federation (MRF), Myanmar Agribusiness Public Company has been analyzing the production of rice bran oil since 2014.
MRBO was separately established under the support of the government and MRF to execute rice bran oil and edible oil production businesses in Mezaligon village-tract, Pyinmana Township in Nay Pyi Taw.
MRBO received company registration from the Directorate of Investment and Company Administration (DICA) on 9 March 2022, an import licence on 1 June 2023 and a permit from Myanmar Investment Commission 261/2024 according to a decision of MIC meeting dated 5 January 2024.
Value-added rice bran oil will be produced with the by-product of surrounding rice mills and parboiled rice mills owned by MAPCO.
Under the guidance of MRF, MRBO held the groundbreaking ceremony of the construction project at the MAPCO rice mill complex located in Pyinmana Township, Nay Pyi Taw, on 7 February.
This plant will become the first-ever refinery for edible oil. MRF will also accelerate rice bran oil and cooking oil production plans. — NN/KK