Company profile

Main Page Content

BIP is a UK investment company seeking to establish, invest in, or acquire assets, businesses or companies in the energy and utility sectors, and their related infrastructures, in Europe, Asia and the Middle East.

BIP was incorporated in the UK in February 2006 and was admitted to trading on the AIM market on the London Stock Exchange in May 2006.

BIP made its first investment in November 2006, when it acquired Zurex which was issued with a licence to produce biodiesel from palm oil in Lahad Datu, Sabah, Malaysia. Zurex has since been issued with an additional licence to refine palm oil in Lahad Datu, Sabah, Malaysia.

Zurex acquired a 14 acre plot of land from POIC at Lahad Datu, Sabah, Malaysia to build its manufacturing plant. POIC is an entity set up and owned by the State Government of Sabah, Malaysia to spearhead palm oil downstream processing in order to add value to its growing oil palm industry and to create more jobs and business opportunities.

The land acquired by Zurex is of sufficient acreage to build a bio-diesel manufacturing plant and a palm oil refining plant with room for future expansion.