KUALA LUMPUR: Johor Plantations Group Berhad's (JPG) subsidiary, Greenergy Ventures Sdn Bhd has been awarded BioNexus status for its achievement in transforming palm oil mill effluent (POME) into valuable biomethane.
The status was awarded by the Malaysian Bioeconomy Development Corporation (Bioeconomy Corporation) under the Ministry of Science, Technology & Innovation (Mosti).
JPG holds a 55 per cent equity interest in JPG Greenergy Ventures Sdn Bhd, with the remaining 45 per cent held by MTC Orec Sdn Bhd.
JPG managing director Mohd Faris Adli Shukery said the BioNexus status for its subsidiary strengthens their leadership role in the Malaysian bioeconomy sector.
"This commitment to responsible practices aligns perfectly with the United Nations Sustainable Development Goals (UNSDGs), particularly SDG 13: Climate Action. JPG is dedicated to being part of this mission to reduce greenhouse gas (GHG) emissions alongside other industry players through its renewable energy initiatives," he said.
Bioeconomy Corporation chief executive officer Mohd Khairul Fidzal Abdul Razak said the status recognised the company's significant contributions to the industrial biotechnology sector in advancing in sustainable practices, adding that their commitment to achieving net zero emissions by 2050 aligns perfectly with national goals.
"We look forward to working closely with JPG Greenergy Ventures and JPG in driving renewable energy and reducing carbon emissions to address national issues such as environmental sustainability, waste reduction and resource efficiency, ultimately contributing to a resilient circular bioeconomy," he added.
Building upon this initiative, JPG has secured a 15-year gas-purchase agreement with Gas Malaysia Green Ventures Sdn Bhd (formerly known as Gas Malaysia Virtual Pipeline Sdn Bhd).
This agreement allows the injection of purified biomethane gas directly into the Natural Gas Distribution System (NGDS) for a commitment of 250,000 per one million British thermal unit (MMBtu) per year.
This project, which contributes to about 97,889 metric tonnes carbon dioxide equivalent avoided, signifies the positive impact of their waste management solution in the palm oil mill industry in line with Malaysia's renewable energy landscape and environmental goals.