Elevance and Genting to Collaborate on New Biorefinery
WOODRIDGE, IL – Specialty chemicals company Elevance Renewable Sciences Inc. announced a new collaboration with Genting Plantations Berhad through Genting Integrated Biorefinery Sdn Bhd (GIB), to be located in the Palm Oil Industrial Cluster (POIC) in Lahad Datu, Sabah, Malaysia.
The 25:75 collaboration between Elevance and Genting Plantations Berhad will build a 240,000 MT metathesis biorefinery based on Elevance’s proprietary metathesis technology, and will produce olefins and specialty chemicals that can be used in multiple end-product applications, including lubricants, surfactants and detergents.