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THIS week all eyes will be on how Indonesia and Malaysia, the world’s top two largest crude palm oil (CPO) producers, deftly tackle the issue on haze currently polluting the air over Singapore, Malaysia and Indonesia.
PETALING JAYA: Agensi Inovasi Malaysia (AIM) is expecting at least 12 to 15 companies to participate in the recently signed oil palm biomass joint-venture (JV) cluster in Lahad Datu, Sabah, by the end of this year.
Malaysia would be able to register another record palm oil export figure in the next three to five years, surpassing the all-time high of RM80.41bil in 2011.
KUALA LUMPUR: Genting Plantations Bhd is leveraging on DuPonts scientific capabilities to increase the yield of oil palm trees under a 30-month collaboration agreement.
Malaysia produced an estimated 80 million tonnes dry weight of oil palm biomass in 2011, reflecting the importance and significant potential of biomass, said Plantation Industries and Commodities Deputy Minister Datuk Hamzah Zainudin.
PETALING JAYA: MYBiomass Sdn Bhd will consider investing US$200mil to US$300mil (RM638.5mil to RM957.9mil) to set up a bio-refinery plant in Johor using oil palm biomass as feedstock, said Malaysian Industry-Government Group for High Technology (MIGHT) president and chief executive officer Yusoff Sulaiman.