Oil Palm biomass joint venture cluster formed in Malaysia

| June 13, 2013

In Malaysia, five companies have signed a joint venture cluster agreement to accumulate as much as 1.5 million tonnes of dry oil palm biomass that will be used to produce products such as biofuels, either as ethanol or pellets. An article in the Daily Express lists the companies involved as Bell Group, Golden Elate, Genting Berhad, Kelas Wira and Teck Guan Group.  According to the article 10 palm oil mills have already committed to supplying biomass. The cluster will be set up in Sabah, where the Agensi Inovasi Malaysia has identified 70 potential mills, out of over 120 mills, that could be partners for this biomass joint venture clusterr.

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Category: International

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