About Us (3)
Premium Renewable Energy has built strong relationships with major industry players that share our vision of a sustainable future. By co-investing and forming mutually beneficial joint ventures, each stakeholder is incentivised to commit to the development of the RTPTM Green Fuel energy solution. While PRE is the technology link and master project developer, the co-investing business partners are crucial to secure investment, land area, and, vital feedstock supply for RTPTM conversion.
Y. Bhg. Datuk Razman bin Md. Hashim
Datuk Razman, an established banker held various senior positions in banks including as Executive Director of Standard Chartered Bank Malaysia Berhad and subsequently appointed as Chairman of MBF Finance Berhad by the Central Bank of Malaysia as its nominee until January 2002 when the finance company was sold to the Arab Malaysian Group. Datuk Razman is currently the Deputy Chairman of The Sunway Group, Chairman of Multi Purpose Holdings Berhad, Chairman of Berjaya Land Berhad, Director of Ranhill Berhad, SILK Holdings Berhad and MAA Holdings Berhad. He is also a Director of ASLI (Asian Strategy and Leadership Institute), Council member of Malaysia British Business Council, Director of Monash University Malaysia, Trustee of Jeffrey Cheah Foundation and Pro-Chancellor of Sunway University.
Patrick Wee Ewe Seng
Mr. Patrick Wee is the founder and Group Chief Executive Officer of Asia’s leading fitness, yoga and wellness network, the True Group. Patrick introduced and revolutionized the business of Yoga in Singapore with the opening of True Yoga in 2004. The subsequent four years saw the extension into other fitness, spa and aesthetics businesses in Singapore as well as the establishment of the True Group’s presence in regional countries such as Malaysia, Thailand, Taiwan and India.
Chief Executive Officer
Mr. Ir. William Foo Saik Cheng
Mr. Ir. William Foo has extensive experience in major scare engineering project in the Petrol-Chemical, Oil and Gas upstream/downstream facilities, rails infrastructures and chemical industries. Previous roles include Managing Director of Jacobs Engineering Thailand, Chief Operating Officer of Kien Huat Development (Genting - Development) Malaysia and Executive Director of China Railway Engineering (CREC) JV Group in Australia.
Chief Operating Officer
Mr. Navaratnam is the Chief Operating Officer at Premium Renewable Energy. He started his career in 1988 with Tenaga Ewbank Preece Sdn Bhd as Electrical Engineer/Software Development Engineer. He then joined SMEC Malaysia in 1992 as Electrical Engineer. In early 1995, he joined Malakoff Berhad as Senior Project Engineer in April 1995. He was promoted to Project Manager in January 1996 where he was responsible for coordinating and reviewing the feasibility of projects assigned for possible augmentation to Malakoff Berhad’s corporate portfolio.
Chief Financial Officer & Senior Vice President - Corporate Development
Mr. Bhalla joins Premium Renewable Energy from the Performance Management & Delivery Unit (PEMANDU) at the Prime Minister’s Department, Government of Malaysia where he played an instrumental role in the Palm Oil National Key Economic Area (NKEA) and the Special Focus on the Rubber Industry programme planning & facilitating work under Malaysia’s Economic Transformation Programme (ETP). He was also part of the Programme & Data Management section for the Government Transformation Programme (GTP) while at PEMANDU.
Premium Renewable Energy Sdn. Bhd. (PRE) was formed in 2007 with the objective of affecting positive environmental change at a global scale by playing an active part in the Malaysian green energy industry. The company feels that it is imperative to address societyís over-reliance on traditional fossil fuels, as well as the increasing effect of our carbon footprint on the environment. Driven by this overarching principle, PRE actively seeks to identify clean, green energy solutions as alternatives to the unsustainable methods of power generation prevalent today.
An exciting opportunity emerged in November 2008, as PRE signed a Joint Venture Agreement with Ensyn Corporation of Canada, granting PRE the exclusive right to use Ensyn Corporation's RTP™ pyrolysis technology in Malaysia and Indonesia. RTP™ is a self-powering process in which biomass is introduced into a vessel, rapidly heated and then immediately cooled within seconds. The process generates a high yield of pourable, liquid bio-oil: RTP™ Green Fuel. RTP™ Green Fuel is a ready, like-for-like substitute for traditional fuel oils, and has huge potential as a source for power generation, heat generation, and transportation fuels.
The Southeast Asia region is blessed with abundant natural resources that form the basis of PRE's strategy: to convert biomass residue discarded from palm oil and forestry industries into a clean-burning liquid fuel that can displace fossil fuels. This includes oil palm empty fruit bunches (EFBs), oil palm fronds, wood chips, and sawdust.
Via a mutually beneficial cooperative model, PRE is exploring partnerships with oil palm and timber growers that share our vision of zero-waste integration. Environmentally responsible industry stakeholders like FELDA, Sime Darby Plantation, Sawit Kinabalu, and Sabah Softwoods Berhad will provide critical support by supplying investment, conversion feedstock, and land for plant construction. Their collective local expertise within their respective industries will also be an invaluable asset to potential ventures.
Sahabat Renewable Fuel Ventures (SRFV), a PRE joint venture with Felda Palm Industries established in 2011, will spearhead the introduction of the RTP™ Green Fuel energy solution in Malaysia. Following its designation as a key component of Entry Point Project 7 (EPP7 - Commercialising 2nd Generation Biofuels) in the Palm Oil National Key Economic Area (NKEA) of Malaysia's Economic Transformation Programme (ETP), SRFV is in the process of constructing the nation's first RTP™ Green Fuel conversion facility.
Ensyn Corporation, working together with fuel facility experts Honeywell(via Envergent Technologies) will provide comprehensive support on the technology side of the SRFV project, and all PRE projects to come.
Within this organic structure formed between Technology Partners, Investment Partners, and Feedstock Providers, PRE seeks to unify the diverse strengths of each stakeholder to provide consumers with a complete energy solution that is renewable, sustainable, and environmentally friendly.