Kuala Lumpur biomass industry has potential

In Kuala Lumpur, Malaysia, the local biomass industry has potential to become a major industry by 2020 and could create 70,000 new jobs in the field of high value-related industries, the Prime minister Datuk Seri Najib Abdul Razak said. The sectors that have been identified for this growth is the development of biomass generated electricity, bio-based chemicals and bioplastics production. “Biomass has the potential to deliver up to RM30 billion (€6.965 billion) in new income for Malaysia by 2020,” said Najib, who is also finance minister, during a joint opening of the Ninth BioMalaysia 2011 conference and Sixth Pacific Rim Summit on Industrial and Bio Energy yesterday. Read more ...