The Borneo Post

MYBiomass, API in JDA to produce sugars from oil palm EFBs

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KUALA LUMPUR: MYBiomass Sdn Bhd and American Process Inc (API) have announced a jointdevel­opment work (JDA) for the production of nanocellul­ose and cellulosic sugars from oil palm empty fruit-bunches (EFBs) into material as enhancing additives in textile, paper, and automotive parts amongst others.

In a statement, MyBiomass said it would fund the JDA and harness its strength in oil palm biomass supply, technology adaptation, market developmen­t, and combine them with API’s technical and material developmen­t expertise.

“This is in- line with the Malaysian Biomass Initiative as it addresses the potential of moving up the value-chain, promotes sustainabl­e feedstock supply, and shifts focus to highervalu­e downstream production,” it said.

MYBiomass chief executive officer ( CEO) R. Puvaneswar­i said the company would adopt an inclusive 360 degree publicpriv­ate business model to develop a sustainabl­e ecosystem for biorefiner­ies.

“Our goal is to be a pioneer in setting up commercial biorefiner­y with potential participat­ion from technology providers, off-takers and investors.

“We are glad to partner with API to support the national vision of being a regional green chemicals and materials hub,” she said.

Meanwhile, API CEO Dr Theodora Retsina said API has developed a suite of nanocellul­ose products, including hydrophili­c and hydrophobi­c varieties and is excited to work with MYBiomass to develop market and prototype applicatio­ns.

“Our Bioplus production process is robust, flexible, low cost and can virtually use any biomass as feedstock,” said Retsina.

MYBiomass, a joint- venture company, together with Felda Global Ventures and Sime Darby, is pioneering high-value green chemicals biorefiner­y through coordinate­d aggregatio­n. — Bernama

 ??  ?? The Jak Kwang and Impian Megamaju sales and marketing team pose at Canaan Square.
The Jak Kwang and Impian Megamaju sales and marketing team pose at Canaan Square.

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