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World Bio Markets Asia
World Bio Markets Asia
All the latest news, interviews and reports on the bioeconomy and the bio-based industries across Asia.
Curated by Hannah Yates
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Petronas Chemicals-BASF finalise RM1.5b investment in Kuantan

Petronas Chemicals Group Bhd and BASF Nederland BV (BASF) will go ahead to invest RM1.5bil in an integrated aroma ingredients complex in Gebeng, Kuantan and the first plant will come on stream in 2016.

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Can agricultural residues sow seeds of biochemicals?

Can agricultural residues sow seeds of biochemicals? | World Bio Markets Asia | Scoop.it
India's agriculture industry can offer humongous opportunities to manufacturers of biofuels and biochemicals as companies look to renewable raw material
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Malaysia prepares to increase biofuel to aid palm oil

Malaysia, the second largest palm oil producer after Indonesia, hopes to enhance biofuel consumption to help prices of palm oil.

700,000 tonnes of methyl ester will be used annually, if plans to apply the B7 programme next year go ahead.

 

This July will see the current B5 programme extended nationwide. The current version, which consists of a 5% palm methyl ester and 95% fossil diesel blend, will grow in demand.

 

Douglas Uggah Embas, plantation industries and commodities minister says: 'Now we're only using about 200,000 to 300,000 tonnes, but by the end of next year, we should be rolling out about 500,000 to 700,000 tonnes.'

 

Palm oil use reached its highest level since 2012 last year following a mandate presented by Indonesia, instructing the amount of biodiesel to increase, despite production falling for the first time in 15 years.

'Our move into biodiesel is also a factor that can assist the price,' emphasises Embas.

 

Palm oil on the Bursa Malaysia Derivatives grew by 9.4% last month, demonstrating the turnaround palm oil has had from a three-year low of 2,137 ringgit (€470) per tonne, in July last year. Embas looks forward to prices rising to 3,000 ringgit (€660) as biodiesel use and palm by-product demand grows.

 

James Fry, chairman of LMC International Ltd states: 'The jump in palm prices means discretionary blending in biodiesel is no longer attractive, so growth in demand will depend on the willingness of Indonesia and Malaysia to ramp up and enforce mandates.'

 

Malaysia and Indonesia are collectively responsible for 86% of the world's biofuel supply.

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Boeing sees biofuel breakthrough in green diesel | Eco-Aviation content from ATWOnline

Boeing sees biofuel breakthrough in green diesel | Eco-Aviation content from ATWOnline | World Bio Markets Asia | Scoop.it
A biofuel supply sufficient to meet up to 1% of aviation’s fuel needs could be available “instantly”, and at a price competitive with petroleum jet fuel, if green diesel is approved for use in aircraft, according to Boeing. The company is working with partners to gain approval by the end of 2014.
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Mandiri Lends $4.4b to Palm Oil Producers - The Jakarta Globe

Bank Mandiri, the country’s largest lender by assets, disbursed Rp 51.9 trillion ($4.4 billion) in the period from January to October this year to the palm oil sector alone, up 7.2 percent from the same period a year ago.
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Sumitomo Corporation to Invest in a Thai Leading Sugar Manufacturer| Sumitomo Corporation

Sumitomo Corporation to Invest in a Thai Leading Sugar Manufacturer| Sumitomo Corporation | World Bio Markets Asia | Scoop.it

Sumitomo Corporation and Nissin Sugar Co., Ltd. will have equity participation in Kaset Thai International Sugar Corporation Public Company Limited, a leading sugar manufacturer in Thailand.
 

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Thailand's PTT announces Australian links for algae biofuels | News on environment, business sustainability and cleantech in Asia

Thailand's PTT announces Australian links for algae biofuels | News on environment, business sustainability and cleantech in Asia | World Bio Markets Asia | Scoop.it
Thailand's PTT, the state-owned, Bangkok-listed oil and gas company, has announced plans to develop algae-based fuel products in conjunction with Australian researchers and open a production plant there in the future.
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Geo-Focus: Spotlight on South-East Asia :: Green Power Conferences

Geo-Focus: Spotlight on South-East Asia :: Green Power Conferences | World Bio Markets Asia | Scoop.it

"25m tonnes of biomass could potentially be mobilised across Malaysia at competitive cost today" Bas Melssen, Executive Vice President – Strategic Innovation Projects, National Innovation Agency Malaysia.


Hear more from Bas Sriram Srinivasan, Chief Financial Officer, JOil and from in this free information driven webinar. Listen today.

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Malaysia to launch national palm oil standard in 2014 - Business News | The Star Online

KUALA LUMPUR: Malaysia is set to officially launch its national palm oil standard - the Malaysian Sustainable Palm Oil  (MSPO) by next year, says Plantation Industries and Commodities Minister Datuk Seri Douglas Unggah Embas.

The MSPO branding is expected to enable local palm oil to gain better access in major export markets and attain better premium in terms of pricing.

He was speaking to reporters after the ministry's consultation meeting with the local commodity players here.

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NatureWorks starts Asia expansion plans

NatureWorks starts Asia expansion plans | World Bio Markets Asia | Scoop.it

It has been quite a while since the blog had an update about NatureWorks’ plans for its polylactic acid (PLA) expansion in Thailand ever since PTT Global Chemical announced the completion of its 50% stake acquisition of NatureWorks in June last year which was worth $150m.

 

Actually, NatureWorks still did not formally announce on its recent press release about the current status of the planned 300m lb/year PLA plant that supposedly should start operating in late 2015. Instead, the company says it has selected Bangkok as its first Asia Pacific regional headquarter, and that it has expanded its team to enhance support of Ingeo customers throughout the region.

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DuPont seeks Indian market for industrial bio-based chemicals

DuPont seeks Indian market for industrial bio-based chemicals | World Bio Markets Asia | Scoop.it

DuPont is looking to Indian businesses in the industrial biosciences sector, including textile and household chemical companies, as a new market for its renewably sourced materials. "With a growing global population putting increased pressure on existing resources in food, materials and fuels, we need to rethink the way we consume and sustainably produce the resources over the long term," said Jim Collins, president of DuPont's Industrial Biosciences unit.

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Toyota Tsusho Expanding its New Plant-Derived Plastic Brand GLOBIO®-Decision made to use GLOBIO for Suntory Natural Mineral Water bottles- | Press Room 2013 | Press Room | Toyota Tsusho Corporation

Toyota Tsusho Corporation (headquarters: Nagoya City; President: Jun Karube) announces thatGLOBIO—the company’s newly introduced plant-derived plastic brand with which it is promoting environmentally friendly product development—will be used for the PET bottles of Suntory Natural Mineral Water, water obtained from three natural sources (Okudaisen, Minami Alps, and Aso). These products are to be re-released by Suntory Beverage & Food Limited (headquarters: Tokyo; President Nobuhiro Torii; hereafter “Suntory”) starting in May 2013.

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Sugar company expands to biofuel and electricity | The Jakarta Post

State-owned sugar and tobacco plantation firm PT Perkebunan Nusantara (PTPN) X is expanding into biofuel production and electricity this year in an effort to offset increasing sugar manufacturing costs.

The firm needs additional income from other businesses as it cannot wholly depend on its sugar division, according to PTPN corporate secretary M. Cholidi.

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Thailand's PTT in biofuel plant joint venture

PTT and Mitr Phol Group are teaming up to build a plant designed to produce Gasohol E85, a type of biofuel.

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Indonesia’s government proposes new biofuel pricing

Indonesia’s government proposes new biofuel pricing | World Bio Markets Asia | Scoop.it

The Indonesian government is planning to propose a new provision that will fix biofuel prices for an imperative biofuel blending programme.

The programme, which is expected to come into effect in 2015, is being established in a bid to entice more producers to provide biofuel for the domestic marketplace.

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Thailand 'well positioned' to be a global bioplastics hub - Plastics News

Thailand 'well positioned' to be a global bioplastics hub - Plastics News | World Bio Markets Asia | Scoop.it
BANGKOK -- Thailand's plastics industry has an ambitious goal -- become one of the hubs for the emerging bioplastics industry -- as it aims to capture some of the sizable worldwide biopolymer investment expected in the next few years.The Southeast Asian country is not traditionally thought of as a
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Green firms head for South East Asia

Green firms head for South East Asia | World Bio Markets Asia | Scoop.it

Biomass companies are finding South East Asia a promising place in which to invest - although the crops remain controversial.

The region's rapidly growing and industrialising economies are seen as a key growth area.

However, critics say the crops use land that would be better used to grow food for the the poor in these countries.

Sharanjit Leyl spoke to Ricardo Schiatti, the chief executive of a renewable energy company, BioChemtex Agro.

He told her that the land his firm grows crops on was not the type that would be good for growing food.

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'Chennai garbage can generate 12 crore litre of aviation fuel' - The New Indian Express

'Chennai garbage can generate 12 crore litre of aviation fuel' - The New Indian Express | World Bio Markets Asia | Scoop.it

The 5,000 tonnes of garbage generated in the city per day has the potential to be converted to 12 crore litre of aviation fuel and 4.5 crore litre of diesel per year.

 

An expert told Express that through plasma gasification and vitrification process, a technology developed by NASA, the garbage could be generated into wealth.

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Investors to set up biomass processing plants in Sabah

Kota Kinabalu: The State Government has identified investors with expertise in bio-technology to invest and set up biomass processing plants here in Sabah.
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M&G Chemicals to invest in Chinese Bio-MEG

M&G Chemicals to invest in Chinese Bio-MEG | World Bio Markets Asia | Scoop.it
In Tecnon OrbiChem's October Bio-Materials report, I mentioned the near-term possibility of M&G licensing its biomass-based MEG technology using Beta Renewables' PROESA after the companies, inc...
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Increased Use of Biodegradable Plastics in Durable Products Boosts China's Biomaterials Ind.: ReportLinker - News

In H1 2013, China's biomaterials industry witnessed a good development momentum. For example, PBS industry attracts many participants in China even though the domestic PBS market is not mature enough.
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Coca-Cola promises 'greener' drinks bottles|chinadaily.com.cn

Coca-Cola promises 'greener' drinks bottles|chinadaily.com.cn | World Bio Markets Asia | Scoop.it

Coca-Cola has revealed plans to sell its fizzy drinks, including Coca-Cola, Sprite and Fanta, in "greener"plastic bottles in China.

 

According to the company, the recycled plastic, or PET, bottles now going to be used will be thefirst to be made partially from plants, in this case, sugarcane waste.

Existing PET (or polyethylene terephthalate) bottles are made from non-renewable petroleum,but the new PlantBottle to be used in China has been created from one of the key ingredientsfrom sugarcane for PET plastic, called monoethylene glycol, which represents 30 percent of thetotal composition of PET plastic by weight.

Coca-Cola is working with local partners on the potential of utilizing cellulose from plants.

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Toray, Genomatica advances bio-PBT development

Toray, Genomatica advances bio-PBT development | World Bio Markets Asia | Scoop.it

Here is another exciting news, this one from Genomatica and Japanese chemical firm Toray.

 

The companies said Toray has successfully produced prototypes of molded partially bio-based PBT (polybutylene terephthalate) engineering plastic components using Genomatica’s bio-based 1,4 butanediol (BDO). PBT is currently produced by polymerizing petroleum-based BDO and terephthalic acid (TPA).

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Sulzer to build 10KTY PLA plant in Asia

Sulzer to build 10KTY PLA plant in Asia | World Bio Markets Asia | Scoop.it

Swiss engineering firm Sulzer has been awarded a contract for the delivery of a polylactic acid (PLA) production plant in Asia based on its proprietary technology. The facility will have more than 10,000 tons/year capacity and is expected to start in the second half of 2014.

 

Of course, the question here is where exactly in Asia it is going to be built and who is the company that will produce the PLA.

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Kittiratt urges ethanol for buses | Bangkok Post: news

Deputy Prime Minister and Finance Minister Kittiratt Na-Ranong wants new passenger buses in Thailand to run on ethanol instead of natural gas, while PTT Plc assures it can supply the fuel as is needed.

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