Navigation Links
Malaysian Prime Minister launches company for supply of biomass from oil palm
Date:11/22/2011

A new company launched Monday by Prime Minister Datuk Seri Najib Tun Razak will ensure the sustainable supply of palm biomass for the production of high value chemicals and by-products for energy generation through coordinated collection and aggregation.

MYBIOMASS Sdn. Bhd. was launched as part of the Malaysian Biomass Initiative (MBI), a program of the Prime Minister's Global Science and Innovation Advisory Council (GSIAC), and is expected to contribute substantial revenue to national income from industrial chemical, product manufacturing and green chemical sectors.

MYBIOMASS will enter into partnership agreements to support development of downstream technology for the production of high value chemicals and by-products for energy generation, creating opportunities for research institutes, technology companies and other downstream players.

Early partners of MYBIOMASS include the Malaysian Industry-Government Group for High Technology (MIGHT) and Malaysian Biotechnology Corporation Sdn. Bhd., or Biotech Corp. Potential early participation from FELDA and Sime Darby is expected for the aggregation of biomass feedstock.

MIGHT co-chairs the secretariat for GSIAC, which over sees MBI. Biotech Corp. is expected to play a key role in providing industry linkages to downstream companies.

"This program will capitalize on Malaysia's existing strength in the oil palm industry and untapped opportunities from biomass for technological and economic gains that will create high value jobs and sustainable income for the country," said Puvaneswari Ramasamy, newly appointed Managing Director of MYBIOMASS.

"The launch of MYBIOMASS marks a significant milestone in the development of sustainable biomass feedstock supply and is expected to make a substantial contribution to the production of high value green chemicals for local and international downstream users particularly in pharmaceutical, materials and energy industries," she added.

As the focal point for biomass feedstock aggregation and supply MYBIOMASS will act as a long-term purchaser of oil palm biomass and bring forward the biomass to market for further optimization of the resources by moving it into higher value processes.


'/>"/>
Contact: Joshua Brown
joshua@might.org.my
60-383-157-940
Malaysian Industry‑Government Group for High Technology
Source:Eurekalert

Related biology news :

1. Malaysian Oil Palm Biomass Center established
2. Entrust Technology, Expertise Called on for Malaysian ePassport Project
3. Queens University Belfast improves Malaysian public health
4. Nicotine primes brain for cocaine use: Molecular basis of gateway sequence of drug use
5. Gulf currents primed bacteria to degrade oil spill
6. Induced neural stem cells: Not quite ready for prime time
7. Conservationists seek to identify prime stopover sites for migrating birds
8. Researchers discover primer to plant defense system
9. Lombardi research: Monoclonal antibodies primed to become potent immune weapons against cancer
10. CACI Awarded a Prime Position on $500 Million, Multiple-Award Program with Biometrics Operations and Support Services
11. Wistar scientists find key to keeping killer T cells in prime shape for fighting infection, cancer
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:7/20/2017)... DAL ) customers now can use fingerprints instead of their ... (DCA). ... launches biometrics to board aircraft at Reagan Washington National Airport ... Delta,s biometric boarding pass experience that launched in May at ... process to allow eligible Delta SkyMiles Members who are enrolled in CLEAR ...
(Date:6/23/2017)... ITHACA, N.Y. , June 23, 2017 ... a leader in dairy research, today announced a new ... help reduce the chances that the global milk supply ... this dairy project, Cornell University has become the newest ... Food Supply Chain, a food safety initiative that includes ...
(Date:5/23/2017)... , May 23, 2017  Hunova, the first robotic gym for the ... been officially launched in Genoa, Italy . The first ... and the USA . The technology was developed ... market by the IIT spin-off Movendo Technology thanks to a 10 million ... News Release, please click: ...
Breaking Biology News(10 mins):
(Date:10/12/2017)... ... October 12, 2017 , ... BioMedGPS announces expanded coverage ... its newest module, US Hemostats & Sealants. , SmartTRAK’s US Market for Hemostats ... sealants, synthetic sealants and biologic sealants used in surgical applications. BioMedGPS estimates the ...
(Date:10/11/2017)... (PRWEB) , ... October 11, 2017 , ... ... Foundation President Andi Purple announced Dr. Suneel I. Sheikh, the co-founder, CEO ... ASTER Labs ), Inc. has been selected for membership in ARCS Alumni ...
(Date:10/11/2017)... ... October 11, 2017 , ... ComplianceOnline’s Medical Device Summit is back ... 8th June 2018 in San Francisco, CA. The Summit brings together current and former ... CEOs, board directors and government officials from around the world to address key issues ...
(Date:10/11/2017)... HILLS, Calif. , Oct. 11, 2017  SkylineDx today ... (ICR) and University of Leeds ... risk-stratify patients with multiple myeloma (MM), in a multi-centric Phase ... University of Leeds is the sponsor ... and ICR will perform the testing services to include high-risk ...
Breaking Biology Technology: