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:2/5/2016)... DUBLIN , Feb. 5, 2016 /PRNewswire/ ... the addition of the "Global Facial ... offering. --> http://www.researchandmarkets.com/research/5kvw8m/global_facial ) has ... Facial Recognition Market 2016-2020" report to ... Markets ( http://www.researchandmarkets.com/research/5kvw8m/global_facial ) has announced the ...
(Date:2/3/2016)... Calif. , Feb. 3, 2016 Vigilant ... Police Department in Missouri ... license plate reader (LPR) data from Vigilant Solutions. ... hit-and-run case in which the victim was walking out of a convenience ... parking space next to his vehicle, striking his vehicle ...
(Date:2/2/2016)... , Feb. 2, 2016 Checkpoint ... that Rising Market Are you interested in ... forecasts revenues for checkpoint inhibitors. Visiongain,s report gives ... submarket, product and national level. Avoid falling ... what progress, opportunities and revenues those emerging cancer ...
Breaking Biology News(10 mins):
(Date:2/11/2016)... CRUZ, Calif. , Feb. 11, 2016  Dovetail ... applications to its beta program for a planned metagenomic ... will present the company,s metagenomic genome assembly method in ... Advances in Genome Biology & Technology conference in ... assembly of these highly complex datasets is difficult. Using ...
(Date:2/11/2016)... Feb. 11, 2016   BioInformant announces the ... Cell Research Products, Opportunities, Tools, and Technologies – Market ... The first ... stem cell industry, BioInformant has more than a decade ... cell market, by stem cell type. This powerful 175 ...
(Date:2/11/2016)... ... , ... Global Stem Cells Group, a world ... Cells Network (GSCN) to distribute exosome injection and other biological products to stem ... Dominican Republic, Colombia, Argentina, Nicaragua, Panama, El Salvador, Venezuela, Peru, Ecuador, Paraguay, Puerto ...
(Date:2/10/2016)... 2016 /PRNewswire/ - BioAmber Inc. (NYSE: BIOA ), ... that Mitsui & Co. Ltd., its partner in the ... is investing an additional CDN$25 million in the joint ... from 30% to 40%.  Mitsui will also play a ... in Sarnia , providing dedicated resources ...
Breaking Biology Technology: