KUALA LUMPUR: The government is poised to capitalise on the burgeoning biomass industry, which is projected to generate RM17bil in revenue by 2030, says Datuk Seri Johari Abdul Ghani.
He said the government’s initiative, driven through the Malaysian Palm Oil Board , focuses on integrating these waste products back into the value chain, aligning with the principles of a circular economy and reducing greenhouse gas emissions. Malaysia’s palm oil industry, a significant contributor to the nation’s agricultural economy, produces various by-products from the palm oil tree, including empty fruit bunches , mesocarp fibres, and palm kernel shells, he said.
When burned in boilers, he said the steam generated powers turbines, creating electricity that can be reused within the mills, reducing reliance on conventional energy sources. After the biogas is captured, Johari said the remaining waste can be further processed into biofertiliser, contributing to a more sustainable agricultural cycle.He said EFB and oil palm trunks can be used as mulch to improve soil quality, enhancing the sustainability of palm oil plantations.
“Through continuous research and development initiatives led by the MPOB, the government is committed to turning palm oil waste into valuable resources that benefit both the environment and the economy.”