SeptemberKuala Lumpur, Malaysia Signing of Shareholders Agreement between MIGHT, Sime Darby and FGV.
Italy The test results from palm oil biomass showed comparable yields with other type of feedstock
MayItaly Samples of palm oil biomass were sent and tested for the stated conversion in Italy.
New York, United States MIGHT, Sime Darby and FGV signed a “Testing and Technology Adaptation Collaboration” agreement through MYBiomass and witnessed by the Malaysian Prime Minister.
DecemberUnited States & Europe Conducted technology prospecting to convert biomass into platform chemicals.
NovemberKuala Lumpur, Malaysia Launching of MYBiomass by the Right Hon. Prime Minister of Malaysia. Rolled out groundwork to implement a viable and sustainable business venture based on 360° public-private business model with targeted key stakeholders.
AugustKuala Lumpur, Malaysia Establishment of Steering and Technical Committee consisting of key personnel from MIGHT, Sime Darby and FGV.
JuneCyberjaya, Malaysia MIGHT conducted the inaugural meeting with Sime Darby and FGV towards formalisation of collaboration and discussion on the needs of national coordination with key stakeholders.
MayNew York, United States The MBI spearheaded by MIGHT was endorsed as the 1st program for GSIAC together with the establishment of Special Purpose Vehicle by the Right Hon. Prime Minister of Malaysia.
FebruaryCyberjaya, Malaysia Creation of MBI and 360° public-private business model to focus on pioneering high value green chemicals through coordinated aggregation.