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:11/24/2016)... Cercacor today introduced Ember TM Sport ... non-invasively measure hemoglobin, Oxygen Content, Oxygen Saturation, Perfusion ... in approximately 30 seconds. Smaller than a smartphone, using ... to key data about their bodies to help monitor ... Hemoglobin carries oxygen to muscles. When hemoglobin ...
(Date:11/17/2016)... , Nov. 17, 2016 Global Market Watch: ... Biobanks (Disease-Based Banks, Population-Based Banks and Academics) market is to ... for Private Biobanks shows the highest Compounded Annual Growth Rate ... region during the analysis period 2014-2020. North ... of 9.95% followed by Europe at ...
(Date:11/14/2016)... Technology, Inc. ("xG" or the "Company") (Nasdaq: XGTI, XGTIW), ... in challenging operating environments, announced its results for the ... a conference call to discuss these results on November ... Key Recent Accomplishments ... acquire Vislink Communication Systems. The purchase is expected to ...
Breaking Biology News(10 mins):
(Date:12/2/2016)... ... December 01, 2016 , ... Aerocom Healthcare ( ... hospitals, will present its chain-of-custody solution for tracking and securing medications at booth ... Dec. 4-8, 2016. , Aerocom has a proven solution for tracking medications via ...
(Date:12/2/2016)... ... December 01, 2016 , ... DrugDev believes the ... and a beautiful technology experience. All three tenets were on display at the 2nd ... leaders from over 40 sponsor, CRO and site organizations to discuss innovation and the ...
(Date:12/2/2016)... ... , ... Robots will storm the Prudential Center in Boston, MA during the ... is held on the United Nations International Day of Persons with Disabilities, will highlight ... Suitable Technologies is partnering with NTI to showcase how technology can help individuals with ...
(Date:12/2/2016)... /PRNewswire/ - bioLytical Laboratories, a world leader in rapid infectious disease tests, introduced the ... Pharmaceutical Association members. (Photo: http://photos.prnewswire.com/prnh/20161201/444905 ) ... ... , , bioLytical ... (KPA) to introduce the INSTI HIV Self Test to 350 pharmacy representatives in ...
Breaking Biology Technology: