Biomass | World’s First Biomass JV Cluster To Be Launched In Sandakan
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Biomass | World’s First Biomass JV Cluster To Be Launched In Sandakan

KOTA KINABALU: The world’s first biomass joint-venture cluster will be launched at the fifth International Palm Oil Expo (PalmEx) 2014 in Sandakan on May 21 to 23.

Chief Minister Datuk Seri Musa Aman is expected to launch the event which is jointly organised by the Ministry of Industrial Development (MID), Department of Industrial Development and Research (DIDR), Fireworks Event (M) Sdn Bhd, Palm Oil Industry Cluster (POIC) Sabah Sdn Bhd, Sandakan Bulkers Sdn Bhd and Sandakan Municipal Council.

During a press conference held at Wisma Tun Fuad Stephen here yesterday, organising chairman of the event, Patrick Tan, who is also director of DIDR, disclosed that the launching of the biomass joint-venture (JV) company would have a major impact in the realisation of a large scale oil palm biomass utilisation in Sabah, potentially worth billions of ringgit.

“The biomass JV company will be the culmination of the joint efforts of Agensi Inovasi Malaysia and state agencies in bringing together oil palm mill owners to aggregate biomass in volumes large enough to ensure the sustainability of downstream industries, including making pellets and bio-chemicals.

“Sabah produces more than 20 million tons of oil palm biomass but aggregating this valuable feedstock had been a big problem with no existing pricing mechanisms and transportation costs as being a major inhibitor because the mills are scattered over a wide area,” said Tan.

He added that exhibitions such as PalmEx was vital as industry players in Sabah continued to push for value-adding industries using palm oil as well as biomass generated from the plantations and mills.

Chief executive officer of POIC Sabah, Datuk Dr Pang Teck Wai, noted that

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