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Mission Newenergy to invest RM130 million in Malaysia

Posted on: April 29, 2009


Bernama – Wednesday, April 29

KUALA LUMPUR, April 28 (Bernama) — Mission NewEnergy Ltd, a global renewable energy company, plans to invest RM130 million to increase the capacity of its biodiesel refinery at Port Kuantan. Group managing director Nathan Mahalingam said the capacity of the biodiesel refinery was currently 100,000 tonnes per annum and the company planned to increase it by another 250,000 tonnes by June this year. “Currently, crude palm oil sourced from local plantation companies are used in our existing facility in Malaysia,” he said during a presentation of the International Sustainability and Carbon Certification (ISCC) to Mission Biotechnologies Sdn Bhd, the company’s subsidiary in Malaysia, here today. The ISCC is a legal requirement within the European Union, applicable to the renewable energy directive which requires proof of sustainability.

Nathan said Mission NewEnergy, which is listed on the Australian Securities Exchange, also planned to get the ISCC for its jatropha production in India.

Jatropha is an inedible oil crop that is used as feedstock in the production of sustainable biodiesel.

“Through our subsidiary, Mission Biofuels India Pvt Ltd, we have access to large acreages of planted Jatropha Curcas in several states in India as well as nurseries and seed procurement centres,” he said.

The jatropha plantation, he added, started in 2007 and is expected to produce oil needed for biodiesel as early as 2010. — BERNAMA

CL LC

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1 Response to "Mission Newenergy to invest RM130 million in Malaysia"

The “2nd Jatropha World Americas 2009? event has been scheduled for June 10 and June 11 in Miami, Florida.

Can 100% of Jatropha Plant be Commercially Viable? Expert Shares Surprising Facts About Jatropha ‘Residue’

Is it possible to take 100% advantage of the Jatropha plant? Top Jatropha researcher Dr. William Ludwig Nolten addresses this question during the groundbreaking presentation “Utilization Technology of Jatropha Seedcake and Residues.”

Most Jatropha growers currently plant and harvest Jatropha curcas primarily for its pure plant oil (PPO) for use as biofuel and biodiesel. However, it is shown that PPO only accounts for a mere 14% of the usable resources in every fruit.

During “Utilization Technology of Jatropha Seedcake and Residues,” Dr. Nolten notes that it is possible to increase Jatropha plant usage to an astounding 100%. Jatropha seedcake and biomass revenues could even exceed returns from the sale of PPO!

“Jatropha seeds and biomass residues are not waste substances . . . you can convert everything to make your project a success,” states Dr. Nolten.

As Asia Director of Waterland Group and cutting-edge Jatropha researcher, Dr. Nolten is widely considered one of the industry’s leading experts. The Waterland Group has planted over 60,000 hectares of Jatropha in Indonesia and has over 12,000 hectares already producing oil.

Dr. Nolten’s presentation, which was one of the highest rated in terms of usefulness and relevance at Jatropha World Asia 2009 in Kuala Lumpur, also covered topics on:

Marketing Jatropha seedcakes and residues to the pharmaceutical industry.

How to tap into the very profitable biogas market.

Trading seed kernel meal as a highly lucrative livestock feed ingredient.

Creating organic fertilizer and soil conditioner from Jatropha agricultural waste.

Making agro-energy pellets for the cooking and heating needs of rural areas.

The 2nd Jatropha World Americas 2009 will bring together the industry’s top agronomists and scientists, investors and financiers, biodiesel refiners, seed and equipment suppliers as well as government officials and NGO representatives united by their interest in Jatropha. Click on the following link to get more details. http://www.futureenergyevents.com/jatropha/ or write to injleep@cmtsp.com.sg

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