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Monday, 25 February 2013 04:23

William Foo Saik Cheng Appointed Chief Executive Officer of Premium Renewable Energy

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KUALA LUMPUR, 1 JANUARY 2013 – PREMIUM RENEWABLE ENERGY SDN BHD (“Premium RE”) announced that Mr. William Foo Saik Cheng has been appointed as Chief Executive Officer (“CEO”) of the pioneering biofuels company, effective January 2013.

Mr. Foo has extensive senior executive and engineering experience in delivering international multi-million dollar projects across a range of industries including oil and gas, petrochemical, chemical, power generation, and mineral resources processing. His leadership and engineering roles includes senior executive advisory, engineering operations, project management, engineering-construction management and business development.

  Mr. Foo graduated from the University of Singapore with a degree in Chemical Engineering; he is a registered professional chemical engineer with Board of Engineers (Malaysia) and the Institute of Chemical Engineers (Malaysia).

During various periods of his career, Mr. Foo has served in a number of senior positions in the fields of engineering and management consulting. His senior executive roles include Managing Director and Executive Director at Jacobs Engineering (Thailand), Kien Huat Development (Malaysia) and CREC Engineering (Australia). Over the last 30 years, he has also been on the board of directors of companies in Malaysia, Thailand and Australia in his professional engineering capacity. He has developed major projects for established clients like Shell Sarawak-Brunei, Esso Kerteh, Petronas ABF, CREC China, Dow Chemical Thailand, FMG Australia, and most recently, Lynas Rare Earths Malaysia.

Premium Renewable Energy (Malaysia) Sdn Bhd(Company No. 787884-A) was established in 2007, formed a partnership with Ensyn Technologies, Canada (“Ensyn”) in 2008 and will use Ensyn’s patented and proven commercial Rapid Thermal Processing (“RTPTM”) technology to convert oil palm biomass to pyrolysis oil also known as bio oil for green renewable power generation and for the conversion to “drop-in” renewable transportation fuels production such as green gasoline, diesel and jet fuel. Premium RE holds the exclusive rights to commercialise Ensyn’s proven RTPTM technology in Malaysia and other parts of the region.


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