Market Watch: Sabah, Malaysia a rising biomass game field, Video on Waste to Wealth
Posted on : 17 Jul, 2013
Sabah, a key oil palm producing state in Malaysia, is quickly turning into a biomass game field for industry players. Recent research has revealed Sabah’s capabilities in producing 30 million tonnes of wet palm biomass per year, sparking renewed interest in the state across both industries. On top of that, the study has also revealed Sabah’s potential in producing 12.69 million tonnes of dry biomass annually for downstream use.
As highlighted by Deputy Chief Minister, Datuk Raymond Tan Shu Kiah, prospective key areas are Lahad Datu and Sandakan, both able to produce more than 5 million tonnes per year each, as well as Kunak and Tawau.
With the new figures in place, Sabah is expected to achieve an additional income of RM 15 billion per year by 2020, giving the biomass sector greater prominence within the country itself.
Pellet Association of Malaysia (P.A.M), an association of Malaysian pellet manufacturers, and Agensi Inovasi Malaysia (AIM), the National Innovation Agency driving the national innovation agenda, serve essential roles in the promotion of Malaysian pellets internationally as well as the development of the National Biomass Strategy 2020 to ensure that Malaysia steps up to the growing global biomass game.
For a start, watch the video clip below in which Bas Melssen, Executive Vice-President and Head of Strategic Innovation Projects, Agensi Inovasi Malaysia (AIM) talks about the immense opportunity that would be created by harnessing and utilizing Malaysia's biomass.
At the Biomass Pellets Trade & Power Summit in Seoul on September 9-12, 2013, P.A.M and AIM will elaborate further on Malaysia’s National Biomass Strategy 2020 as well as P.A.M’s role in unlocking Malaysia’s biomass potential and achieving Asia’s renewable energy targets.
More information on the program is available here.