Delivering Sustainable Development

Renewable Business

Objective
Create a portfolio of sustainable businesses in the industrial biotechnology space to tap into the vast unchartered territories along the oil palm value chain.
Progress
In 2014, Sime Darby Plantation acquired a significant stake in Verdezyne Inc., a California based industrial biotechnology company with proprietary technologies to competitively produce chemicals intermediates derived from sustainable materials. Verdezyne began operations in 2005 and has chosen Malaysia as its manufacturing hub, obtaining BioNexus status in September 2013. Its first commercial plant, with an annual capacity in excess of 13,000 metric tonnes, is expected to create around 140 knowledge-based jobs in the fields of R&D and engineering.
Approach
Sime Darby Renewables (SDR) was established in 2014 as a unit under Sime Darby Plantation, to leverage on the potential value-added benefits along the oil palm value chain that moves beyond the current and traditional range of palm oil products. SDR will focus on business opportunities in:

  • Bio-chemicals
  • Nutraceuticals
  • Bio-energy
The businesses are enabled by oil palm by-products:

MAIN PRODUCTS BY PRODUCTS
Upstream
  • Fresh fruit bunch
  • Fronds and trunks
Midstream
  • Crude palm oil
  • Palm kernel oil
  • Empty fruit bunches and fibres
  • Mill effluents
  • Kernel cakes and shells
Downstream
  • Palm olein
  • Palm stearin
  • Fatty acid distillates
  • Soap stocks and sludge oil
  • Glycerine
Case Studies
  • Sime Darby Pursues Strategic Growth with Verdezyne Inc.
    Based in California, Verdezyne Inc. is an industrial biotechnology company that is leveraging the power of biology to produce chemicals from renewable, non-food sources.
    Read More
View Sitemap