Genting Plantations’ desire to amplify value addition and unlock lucrative new markets for palm oil has led the Company to venture into downstream manufacturing, with the setting up of Genting Integrated Biorefinery Complex at the Palm Oil Industrial Cluster (“POIC”), Lahad Datu, Sabah.
Its central feature is a biorefinery that will apply the Nobel Prize winning metathesis technology to produce novel, high value chemicals with multiple end-product applications, including lubricants, surfactants and detergents. The 240,000 mt per annum-capacity biorefinery aims to create high-performance palm oil derivatives, using green and efficient processes at significantly lower production costs and capital investments than conventional petroleum-based processes.
When completed, the state-of-the-art facility will be the first of its kind in Malaysia. In recognition of its potential contribution towards the realisation of Malaysia’s bioeconomy goals, the project was granted Bioeconomy Transformation Programme Trigger Project status by the government in 2015.
As part of Genting Integrated Biorefinery Complex, a palm oil refinery with annual capacity of 600,000 mt has been commissioned in January 2017, through a collaboration with Musim Mas Group, one of the world’s leading palm oil refiners.
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