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MALAYSIA's pioneer in providing nanotechnology solutions, Nanopac (M) Sdn Bhd, plans to invest about RM8mil to set up the country's first nanotechnology research and development (R&D) facilities and plant.
Chief executive officer and co-founder Cheng Kok Leong said the company was in the midst of acquiring a land in the Klang Valley to locate the modern facility.
It will have an initial production capacity of 500 to 1,000 tonnes of nano solutions annually, he told StarBiz in Petaling Jaya.
Nanopac, established in November 2003, is a joint venture between a Malaysian party and South Korea-based Nanopac (Korea). Last year, Nanopac was granted pioneer status by the Malaysian Industrial Development Authority.
Cheng said Nanopac had successfully commercialised its nano solutions, currently adopted by several multinational companies manufacturing air-conditioners in Malaysia, Thailand, Japan and South Korea.
The nano solutions were the cutting-edge creation of South Korean professor turned businessman Dr Lee Tai Kyu, who is the founder and president of Nanopac (Korea) and chief technical officer of Nanopac Malaysia.
He has managed to combine two technologies - nanotechnology and photo catalyst technology - to create the nano solutions that could be applied to almost any product or surface in highly diversified industries with the purpose of killing bacteria, germs, viruses, biological toxic gases as well as cleaning up the environment against pollutions.
Dr Lee is willing to help Malaysia to enhance its nanotechnology research knowledge and to promote these technologies in Malaysia.
Nanopac is establishing strong overseas network covering China, Australia, Poland, Germany, the United States and Japan. Recently, Dr Lee has been actively conducting R&D on a new area of nanotechnology - hydrogen production from water utilisation and a cost-effective and higher efficiency nano-based solar cell.
With these new developments, Dr Lee believes that Nanopac will have a better competitive edge globally.
Cheng said: We have successfully made inroads with the multinational air-conditioner industry players in Malaysia and more recently, secured a contract to supply our solutions to a multinational air-conditioner manufacturer in Thailand.
He mentioned that Nanopac was also in the midst of securing a new project valued at more than RM1mil for next year from the same air-conditioner maker.
More recently, the company has also approached big names like APM Industries, OYL, Sanden and Hitachi to look into the potential of using nano solutions. Recently, Nanopac was invited by 3M Malaysia to be its technology partner in producing and marketing its HVAC (heating, ventilating and air-conditioning) range of products.
Plans are afoot to market the nano solutions in other South-East Asian countries in the foreseeable future, according to Cheng.
He said Nanopac's current target market was the air-conditioner industries in Malaysia and Thailand, to be followed by those in China and other South-East Asian countries.
Meanwhile, Nanopac Air Solutions Sdn Bhd chief executive officer Terence Lee said the company, a subsidiary of Nanopac Malaysia, planned to aggressively promote nano solutions to other potential industries like hospitals, clinics, medical centres, automobile, and entertainment centre operations such as hotels and clubs.
We hope to emulate the nano solutions' success in air-conditioners to other industries as they can be applied to a wide range of products, added Lee.
Citing the automobile industry, Lee said Nanopac had convinced a few automotive distributors and authorised service centres for various car brands like Honda, Chevrolet, Toyota and Proton to promote the usage of its nano solutions.
Nanopac's most recent contract with a car distributor was signed with Mospeed Service Sdn Bhd, an authorised automobile distributor for Edaran Otomobil Nasional Bhd (EON). We have just completed training 12 EON outlets in the Klang Valley to promote our products, he added. By spraying nano solutions in the new cars, the owner could be assured that the high toxic content in the car interior could be easily eliminated.
Meanwhile, Dr Lee said the nano technology was a revolutionary technology beneficial to human life. In South Korea alone, the market size for nano solutions are estimated at US$50bil annually, he explained.
Dr Lee said Malaysia was a suitable and strong springboard for Nanopac to market its nano solutions across the region.
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