Palm Oil & Rubber
Sectors

EPP 6: Developing High Value Oleo Derivatives and Bio-Based Chemicals

  • GNI by 2020 (mil)
    RM5,813.50
  • Projected jobs by 2020
    5,858

EPP 6: Developing High Value Oleo Derivatives and Bio-Based Chemicals

This EPP aims to steer Malaysia’s downstream palm oil sector towards the production of higher value oleo-derivative products.

Highlights

  • In 2014, this EPP secured an investment of RM489.78 million in Sabah where plants and facilities will be producing high-value downstream products. The project is a partnership between Genting and US-based specialty chemicals company Elevance Renewable Sciences Inc to build a 240,000-tonne metathesis biorefinery for olefins and other specialty chemicals in Sabah.
  • Sime Darby Plantation and US-based company Verdezyne Inc are set to build a plant for the large-scale commercial production of “green” dodecanedioic acid (DDDA) in Nusajaya, Johor.
2015/04/13
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Status:
Work In Progress
Economic Transformation Programme
The ETP Transformation Story
The Economic Transformation Programme (ETP) is a comprehensive effort that will transform Malaysia into a high-income nation by 2020.
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