Biotech Updates

Scania and Malaysia Enters Biofuel Collaboration

December 9, 2015
http://scandasia.com/scania-and-mida-enters-biofuel-collaboration-in-malaysia/

Scania Malaysia and Agensi Inovasi Malaysia (AIM) are set to collaborate in exploring viable commercial opportunities for biofuels from municipal waste in Malaysia in line with the National Biomass Strategy 2020 (NBS 2020).

A Memorandum of Understanding (MoU) was signed in November between Scania and AIM, Through this MoU Scania accelerates the creation of high-value products and jobs through converting waste to wealth in Malaysia. Scania and AIM conducted a feasibility study on the commercial opportunities of biofuels from municipal waste in Malaysia. The study includes identification of possible project locations, price and market demand projections and economic and operational feasibility.

Malaysia believes biofuels can improve local economies, help create local job opportunities and support industrial development. Malaysia aims to be at the forefront of the development of new biomass-based industries, ultimately contributing towards high-value job creation.