Dear Readers,
MPOB x SumiSaujana to Commercialize Palm-Based Polyols with Strategic Collaboration Aims to Accelerate Malaysia's Role in Sustainable Chemical Innovation
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| Signing Ceremony Of The Memorandum of Agreement For The Commercialization Of Palm-Based Polyol Between SumiSaujana Group Berhad and Malaysian Palm Oil Board |
It was indeed a great opportunity to witness the memorable journey between Malaysian Palm Oil Board (MPOB) and SumiSaujana Group Berhad on the signing ceremony that has held at Marriott Hotel Putrajaya on 7 April 2025.
SumiSaujana Group Berhad ("SumiSaujana" or the "Company") and its subsidiary ("Group"), an established manufacturer of oil and gas ("O&G") specialty chemicals, today formalized a strategic partnership with Malaysian Palm Oil Board ("MPOB") through the signing of a Licensing and Commercialization Agreement with MPOB to leverage on the technology owned by MPOB ("Technology") to manufacture and commercialize palm-based intermediates, palm-based polyols and bio-based polyester polyol ("Products").
The signing ceremony marked a significant step forward in Malaysia's efforts to expand the industrial applications of palm-based products and strengthen the nation's position as a key player in the global green chemicals market.
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| Memorandum Of Agreement Signing Session Witnessed by Representative and Guests |
Developed through years of in-house research by MPOB, the licensed technologies include palm-based intermediates, polyols, and bio-polyester polyols - all of which offer renewable alternatives to petroleum-based chemicals.
These compounds are used extensively in polyurethane production, which serves multiple sectors including automotive, construction, adhesives, coatings, and consumer goods.
The global polyurethane market is projected to reach USD 86.28 billion by 2024, while palm-based intermediates are estimated at USD 17.0 billion as of 2022 - highlighting the tremendous market potential for these innovations.
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| Signed Memorandum of Agreement Exchange Session |
The partnership reflects MPOB's broader research and development strategy to enhance the commercial value of palm oil through high-value downstream applications.
More importantly, it also supports Malaysia's Public-Private Partnership Master Plan 2030 ("PIKAS30") which aims to position the country as a global hub for sustainable and bio-based technology.
This agreement with MPOB represents a meaningful step in our long-term growth strategy. We see tremendous value in integrating sustainable palm-based innovations into our product portfolio, enabling us to serve new markets while remaining aligned with the global shift towards environmentally responsible manufacturing. We are proud to play a role in commercializing Malaysian-grown technologies for global impact. Encik Norazlam Bin Norbi, Executive Director/Chief Executive Office of SumiSaujana Group Berhad commented.
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| Encik Norazlam Bin Norbi, Executive Director/Chief Executive Officer of SumiSaujana Group Berhad Delivering His Speech At The Signing Ceremony |
This collaboration signifies more than just technology transfer, it reinforces the role of public-private synergy in sustainable industrial development. It would provide the industry players with the opportunity to explore the potential of MPOB's innovative technologies and contributes to the growth of a more sustainable and competitive chemical industry at the global level. By expanding the downstream potential of palm oil, we are not only elevating its value chain but also promising Malaysia's role in climate-conscious manufacturing. said Datuk Dr. Ahmad Parveez Hj. Ghulam Kadir, Director-General of MPOB.
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| Datuk Dr. Ahmad Parveez Hj. Ghulam Kadir, Director - General of MPOB Delivering His Speech At The Signing Ceremony |
The collaboration not only accelerates the commercial adoption of palm-based polyols, but also strengthens national efforts to drive industrial transformation through green chemistry.
It reinforces the potential of palm oil beyond food-based uses and exemplifies how innovation, when paired with the right industry player, can lead to real economic and environmental value creation.
With shared aspirations for innovation, sustainability, and national progress, MPOB and SumiSaujana are set to bring Malaysian palm-based technologies to new industrial frontiers, ensuring they are not only used at home, but globally recognized and adopted.
About SumiSaujana Group Berhad
SumiSaujana Group Berhad and its subsidiary ("SumiSaujana Group") is an established manufacturer of oil and gas ("O&G") specialty chemicals with over a decade of experience, specializing in the formulation, manufacturing, and supply of drilling fluid chemicals, and production, and refinery chemicals for the upstream, midstream, and downstream segments in the O&G industry.
With a strong presence in Malaysia and exports to the Asia Pacific, Middle East and North America regions, SumiSaujana Group serve top-tier global O&G service providers, production and refinery companies and chemical manufacturers.
As a Petronas-licensed manufacturer, SumiSaujana Group is committed to innovation, quality, and sustainability, continuously enhancing its product offerings to meet the evolving needs of the global O&G industry.
For more information, visit SumiSaujana Group website here or https://sstcm.com.
Signing Off For Now And Take Care Till We e-Meet Again On My Next Post.
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