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Tuesday, 25 January 2011 06:51

"Premium Renewable Energy's bio oil project is part of the 45 initiatives outlined by the Felda Group to chart its business strategy for the next 50 years."

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The Edge Malaysia (Cover Story), January 24, 2011.
“Taking Felda to the Next Level” by Jenny Ng
& “We are focusing on our core business and reinventing it” by Jenny Ng and Chua Sue-Ann.
Page 60, 61, 62 & 65.

We see potential new revenue for biomass and we are focusing on green technology, how to convert biomass, empty fruit bunches into energy” said Sabri. Last year Felda Palm Industries Sdn. Bhd. a subsidiary of FHB, signed an MOU with Premium Renewable Energy to build a bio-oil plant based on pyrolysis technology in Felda Sahabat in Sabah.

“In Sahabat we intend to have another big one, 30MW, involving new technology which is to turn biomass into bio-oil pyrolysis. It is a joint-venture project. In the Felda group, the new business is to monetise the by-products apart from using them as compost."

Y. Bhg. Datuk Sabri Ahmad
Group President and CEO of Felda Global Ventures Sdn. Bhd. and Managing Director, Felda Holdings Bhd.

Download pages 606162 and 65 from The Edge Malaysia

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