4th Biobased World Asia,

21-23 Apr, 2015 - Bangkok, THAILAND

Sofitel Bangkok Sukhumvit

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News Feed

Elevance joins hands with Genting Plantations for third biorefinery

Posted on : 30 Mar, 2015

 

US-based specialty chemicals company - Elevance Renewable Sciences has collaborated with Genting Plantations Bhd, in Malaysia for a 240,000-tonne biorefinery factory project in POIC Lahad Datu, Sabah, Malaysia.

 

Genting Plantations has entered the partnership via its subsidiary Genting Integrated Biorefinery Sdn Bhd, where it will hold a 75 percent share while Elevance will hold the remaining 25 percent.

 

Elevance will employ its metathesis technology to produce high-performance olefins and specialty chemicals from biomass and renewable oils. The chemicals are expected to be used in multiple end-product applications such as lubricants, surfactants and detergents.

 

POIC Lahad Datu, that aims to spearhead the development of palm oil downstream processing and add value to its 1.4 million hectares of oil palm plantations, has over 40 investors including Genting Plantations. Genting Plantations is an integrated plantation group that owns sizable plantations in Sabah and oil palm mills.

 

Recently, the plantation group has partnered with Sabah-based plantation company - Hap Seng to cement for the long-term supply of raw materials, including crude palm oil and oil palm biomass.

 

POIC Lahad Datu is hopeful to transform Sabah into a global biorefinery hub.

 

The Lahad Datu biorefinery will be Elevance's third in the world, the two other being - one in Gresik, Indonesia - a JV with Singapore-based Wilmar International and another in Natchez, Mississippi - expected to commence operations in 2016.

 

Dr. Mel Luetkens, COO of Elevance Renewable Sciences, Inc. will speak on 'Key Factors for Successful Biorefinery Joint Ventures in Asia, From Scale Up to Commercialisation: Case Study of Elevance's Olefins Metathesis-Based Bio-Refinery in Indonesia & Malaysia' at CMT's 4th Biobased World Asia on 21-23 April, 2015 in Bangkok.

 

Contact Ms. Huiyan at huiyan@cmtsp.com.sg or call +65 6346 9113 for more details.

 

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