MARKET DEVELOPMENT
FGV, Dutch Research Centre To Create High-Quality Fuel Pellets
FGV, Dutch Research Centre To Create High-Quality Fuel Pellets
16/05/2015 (Bernama) - Felda Global Ventures Holdings Bhd (FGV), the world's largest producer of crude palm oil, is collaborating with the Energy Research Centre of the Netherlands (ECN) to create high-quality fuel pellets.
FGV's subsidiary, FGV Applied Technologies (FGVAT), has signed a collaborative agreement with ECN to conduct a research and development (R&D) over a period of 18 months on the use of TORWASH technology.
All Intellectual Properties (IP) generated by the programme shall be co-owned by both parties, they said in a joint statement.
"The technology will be used to turn empty fruit bunches into high-quality fuel pellets that could be co-fired in coal-fired power plants.
"The pilot TORWASH plant will be built at the Mill and Biomass Technology Centre (MBTC) in FGV's PPTR Research Complex in Tekam, Pahang," FGV head of R&D and agri services cluster S. Palaniappan said.
He said the Torwash technology is expected to generate about RM10 million per mill annually in line with FGV's global aspiration to create more biomass products which are sustainable as well as profitable.
FGV said it foresees a huge market potential for high-quality fuel pellets, and for starters it is eyeing to penetrate South Korea and Japan markets where the demand of fuel pellets, especially for green and low carbon energy alternatives is increasing.
ECN chief operating officer Robert Kleiburg said renewable energy industry showed a tremendous growth with a global turnover of over US$300 billion last year compared with US$40 billion in 2004.
"The technologies that we've developed still need to go through demonstration first. Therefore, it is very important to work in partnership with FGV in order to make this demonstration a success," he said.
FGV's subsidiary, FGV Applied Technologies (FGVAT), has signed a collaborative agreement with ECN to conduct a research and development (R&D) over a period of 18 months on the use of TORWASH technology.
All Intellectual Properties (IP) generated by the programme shall be co-owned by both parties, they said in a joint statement.
"The technology will be used to turn empty fruit bunches into high-quality fuel pellets that could be co-fired in coal-fired power plants.
"The pilot TORWASH plant will be built at the Mill and Biomass Technology Centre (MBTC) in FGV's PPTR Research Complex in Tekam, Pahang," FGV head of R&D and agri services cluster S. Palaniappan said.
He said the Torwash technology is expected to generate about RM10 million per mill annually in line with FGV's global aspiration to create more biomass products which are sustainable as well as profitable.
FGV said it foresees a huge market potential for high-quality fuel pellets, and for starters it is eyeing to penetrate South Korea and Japan markets where the demand of fuel pellets, especially for green and low carbon energy alternatives is increasing.
ECN chief operating officer Robert Kleiburg said renewable energy industry showed a tremendous growth with a global turnover of over US$300 billion last year compared with US$40 billion in 2004.
"The technologies that we've developed still need to go through demonstration first. Therefore, it is very important to work in partnership with FGV in order to make this demonstration a success," he said.