RM20mil green rubber facility planned in Port Klang

A RM20mil facility will be set up in Port Klang, under a joint-venture (JV) company, to undertake research, development and production of green rubber compound and its derivatives across the Asean region. Green Rubber Asean is a JV between Malaysia-based global developer of green technologies Green Rubber Global Ltd and ACB Rubber Pte Ltd. The facility would see a RM20mil investment over the next 24 months, a company said in a statement. Green Rubber Asean chief executive officer Ahn Soo-Jin said that with an initial production capacity of 10,000 tonnes a year, the company would expan...
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SEDA Malaysia Justifies Revision Of Surcharge

For the past two years, the Sustainable Energy Development Authority Malaysia (SEDA Malaysia) only collected one per cent of the two per cent surcharge imposed on electricity bills. In a statement here today, its Chief Executive Officer, Datin Badriyah Abdul Malek, said the renewal energy (RE) targets meted out under the National RE Policy and Action Plan was on the basis of the collection of two per cent surcharge. "Without a revision of the surcharge, the RE industry and market growth in the country under the Feed-in Tariff (FiT) mechanism, which was implemented on Dec 1, 2011, will co...
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CGC To Approve RM1.3 Billion Guaranteed Financing For Green Tech By 2015

Credit Guarantee Corp Malaysia Bhd (CGC) is expected to approve some RM1.3 billion worth of financing with guarantee under the Green Technology Financing scheme by 2015. Managing Director Datuk Wan Azhar Wan Ahmad said the approval was expected for 130 account holders compared with 90 accounts worth RM1.4 billion approved since the scheme was introduced in 2010. The scheme set up in 2010 was for three-year term with a total allocation of RM1.5 billion from the government. Wan Azhar said, however, there might be approvals by financial institutions that do not require guarantee. "Wit...
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EU-Malaysia’s biomass initiative bearing fruits

Selected biomass SMEs honoured by the EU SWITCH-Asia Biomass-SP Programme for successful uptake of sustainable production (SP) practices as part of their participation in the EU-Malaysia Biomass Entrepreneurs Nurturing Programme (EUM-BENP).
The EU-Malaysia Biomass Sustainable Production Initiative (Biomass-SP), a Malaysia-EU joint-effort to develop the country's biomass industry, has proven to be fruitful when 14 local small and medium enterprises (SMEs) received top recognition for having successfully implemented various environmental improvement initiatives. Started in 2010, Biomass-SP's objective is to groom Malaysian biomass SMEs to move up the value chain by innovating new products and processes based on the principles of sustainable consumption and production (SCP). "Out of the 14 biomass SMEs, three companies receive...
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Malaysia, South Korea Tie Up To Explore Business Opportunities In Malaysia

In an endeavour to build on long-standing partnership between Malaysia and South Korea, entrepreneurs from both nations converged for business matching recently in a move to explore business opportunities in Malaysia, especially in green industry. About 110 Malaysian companies and 30 South Korean companies gathered at the Green Technology Forum & Partnering Meeting 2013 organised by the Malaysian Green Technology Corp (GreenTech Malaysia), aimed at gathering renowned and leading players from different industries to explore new markets and business opportunities in Malaysia. "As Malay...
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Study On New Electricity Tariff To Be Completed Next Year, Says Mahdzir

The study on new electricity tariff is expected to be completed sometime next year, said Deputy Minister of Energy, Green Technology and Water Datuk Seri Mahdzir Khalid. He said the ongoing study is being conducted by a committee formed by the ministry with representatives from the Energy Commission, Tenaga Nasional and Petronas. Among the issues under consideration is the cost of the source of energy and the impact any new tariff may have on consumers. "The report will be presented to the National Economic Advisory Council and Cabinet for consideration. We will know only then if the ...
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Malaysia eyes German bio-energy technology

Malaysia may emulate Germany’s success story in developing bio-energy as it still lags in achieving its goal to use 11% renewable energy by 2020. Deputy Energy, Green Technology and Water Minister Mahdzir Khalid said Germany is a leader in the European Union in promoting green technology and Malaysia could follow its experience. Currently, Malaysia’s usage of renewable energy comprising, solar, hydro, biomass, geothermal, bio-gas and wind, makes up only 0.8% or 119 megawatts supplied to the national power grid. “We can all learn from the Germany experience, emulate and collaborate to ...
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Oil palm biomass to increase to 100 million tonnes by 2020

Oil palm biomass production is to increase to 100 million tonnes a year by 2020. The oil palm industry produced 83 million tonnes last year. Deputy Energy, Green Technology and Water Minister Datuk Seri Mahdzir Khalid said the additional 20 million tonnes will be utilised for high-value uses. "Higher biomass production will contribute a significant RM30 billion to the Gross National Income by 2020, reduce carbon emissions and create about 66,000 jobs, according to the report on National Biomass Strategy 2020," he told a media conference after opening a Bio-Energy symposium here today....
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Tapping biomass for energy

How does the National Biomass Strategy 2020 fit into the palm oil industry? Melssen: Oil palm biomass represents the majority of total biomass available in Malaysia. We have been looking at creating new industries from this resource. It is very diverse as you can produce animal feed, wood products, electricity, energy pellets, solid biofuels, liquid biofuels and ultimately, bio-based chemicals. More so, this is an entirely new industry not covered by just one ministry, but cuts across many different sectors, government ministries and agencies. That is why Agensi Inovasi got involved to deve...
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MIGHT Submits Biomass Industry Action Plan To EU Envoy

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The Malaysian Industry-Government Group for High Technology (MIGHT) today handed over the Malaysian Biomass Industry Action Plan 2020 to Ambassador and Head of the European Union Delegation to Malaysia Luc Vandebon, to mark the launch of the plan here Tuesday. MIGHT President and Chief Executive Officer Yusoff Sulaiman said the plan "aims to provide a concerted strategy and action plan in developing local small and medium enterprises (SMEs) as key players in driving the Malaysian biomass industry towards realising higher value products from the country's biomass resources." The action pl...
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