Taylor Scott International News
Details Category: Bioenergy 03 Oct 2013 Published on Thursday, 03 October 2013 Palm plantation waste will be made into biofuel and biochar Biorefinery developer Cool Planet Energy Systems and Acritaz Greentech will be building commercial facilities in Malaysia to transform palm plantation waste products – empty husks, wood, and bark waste – into biofuel and biochar Acritaz Greentech, a group of companies that bring biomass processing and bio-technology innovations to plantations, has signed an agreement with Cool Planet to explore the building of multiple commercial biomass processing facilities using Cool Planet technology in Malaysia. Cool Planet develops small-scale biorefineries that convert non-food biomass into biofuels and biochar, a soil enhancing substance. They recently announced an agreement with Concord Energy to establish a joint venture in the Asia Pacific Region to develop biofuel facilities (see related story ). “We are pleased to be working with Acritaz Greentech, a group that is known for their technology leadership in biomass processing and bio-technology in Malaysia, to deploy our biofuels and biochar technology,” said Cool Planet Chief Executive Officer Howard Janzen. Acritaz and Cool Planet will use biomass raw materials that are abundant in Malaysia – such as palm plantation waste – to create renewable cellulosic fuels for the Asian market. They will develop a plant design that satisfies the specific needs of Malaysia with the first such plant to begin construction in 2014. “Acritaz is excited to commercialize Cool Planet’s platform technology to bring drop-in fuels to the Malaysian fuel market,” said Looi Kem Loong, a director at Acritaz. “This is the kind of breakthrough technology that Acritaz wants to deploy.” Acritaz will work to commit $60 million for this first facility before the end of 2013. They plan to locate this facility in the Malaysian state of Johor. The two companies will then work to build multiple such facilities across Malaysia, with Acritaz purchasing proprietary equipment and consumables from Cool Planet. – EcoSeed Staff Taylor Scott International
Taylor Scott International, Taylor Scott
