Elevance Renewable Sciences, a specialty chemicals company based in Illinois, the US, will partner with Malaysia's Genting Plantations, through its subsidiary Genting Integrated Biorefinery, to build a 240,000-tonne factory at POIC Lahad Datu.
The factory, which will be the first in Malaysia, is thought to lead to new technologies in the area and a cluster of biorefineries in Sabah.
The US-Malaysia partnership is on a 25:75 basis.
As it is the largest oil palm planting state in Malaysia, Sabah has been chosen by the Malaysian government as the hub for the development of biomass for second generation biofuels.
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