Masteel partners Kelington, Utar in CCUS study
Ace Gases is a wholly-owned subsidiary of Kelington Group Bhd .
In a statement, Masteel said the parties will jointly conduct a feasibility study to identify optimal CO2 capture
technologies for steel manufacturing, and explore utilisation or storage options for captured CO2.
The study will enable Masteel to further minimise its carbon footprint and meet industry demand for sustainable steel.
In future phases, the study will focus on optimising Masteel's energy use and operational efficiency, while exploring opportunities to monetise captured CO2, including through the trading of VCUs
"This collaboration on CCUS technology reflects our proactive approach to addressing the challenges presented by climate change, ensuring long-term sustainability of our operations," said Masteel executive vice-chairman Datuk Sri Tai Hean Leng.
Under the collaboration, Masteel will provide operational insights and plant infrastructure while Kelington, via Ace Gases, will provide technical expertise in CO2 capturing and storage solutions.
Utar will bring academic research and analytical capabilities on carbon utilisation from the CO2 capture at site.
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Daily Express
an hour ago
- Daily Express
The Christina-Sabin factor in tourism
Published on: Sunday, August 17, 2025 Published on: Sun, Aug 17, 2025 By: Datuk John Lo Text Size: YES, Thanks to Christina Liew, tourism has fully recovered. More tourists will come. I think so. Justifications: [1] Tourist arrivals and air connectivity have now matched pre-Covid numbers. If not for Trump's madness, they could have been better. [2] Look around KK. Hotel lobbies are busy, Airbnb is booming and Airbnb properties are selling lie hot cakes, queues at seafood restaurants every night. KKIA is overflowing with tourists at peak hours. Tourists are flocking to 'MayBank' in Gaya Street to have their photos taken! [3] KK has the largest tourist arrivals, best air connectivity and unmatched facilities in Borneo for tourists. Yes. Borneo. Better than Brunei, Kuching and all cities in Kalimantan. [4] The SICC which was the brain child of Tun Musa when he was CM, has taken-off very well. Christina has formed the Sabah Convention Bureau which is undertaking promotion of MICE aggressively. Already, MICE is at an unprecedented number. More are coming from 2026 onwards. MICE will bring in higher value tourists to Sabah. [5] Christina has also initiated a few tourism products, the most meaningful to Sabahans in general and KK residents in particular will be the new 22-story iconic Wisma Budaya and the much larger Sabah Cultural Centre in Kinarut. These will become major tourist hotspots. [6] Christina has fought 'tooth and nail' for Sabah to have our own 'Sabah MM2H' and KKIA's RM400m plus from Federal Government for renovation which can, on completion, handle 12m visitors. [7] For the first time, Christina has put sustainable tourism and rural tourism on the map. In terms of contribution to Sabah's economy, Christina has increased tourism revenue for Sabah from RM5.76 billion in 2023 to RM7.28 billion in 2024. Amazing performance! KK Residents are the biggest beneficiaries of Christina's persistence and hard work. [a] Employments and Business Opportunities. The is true. Of the RM7.28 billion tourism revenue in 2024, the largest amount spent by tourists was in KK. The beneficiaries were [1] airlines, [2] hotels [especially 4* and 5*], [3] Airbnb, [4] restaurants [seafood and bak-kut-teh], [5] hawkers, [6]retailers [down to Ice Cream Potong], [7] Grab drivers, [8] importers of fine wine, wagyu beef], [9] SMEs, [10] fishermen, [11] farmers, [12] tour agents, [13] tour guides, [13] 10s of thousands direct and indirect jobs. No fear of contradiction that the tourism industry has benefited almost all KK residents in one way or another. [b] Impressive Returns from Tourism. Exceptionally returns! The Sabah State Budget 2024 allocated the Ministry of Tourism, Culture and Environment RM141.91 million only. Christina has provided critical leadership and guidance to generate tourism revenue of RM7.28 billion for Sabah. A very impressive return of more than 51 times. [c] How Important is tourism? In another perspective, tourism has generated revenue of RM7.28 billion which is larger than the 2024 State Budget [RM5.701 billion] and almost 10pc of Sabah total GDP [RM84.3 billion] in 2024. Any potential for further growth? From practically ZERO base and with little help from Federal Government, Sabah has matured to its present stage, thanks to Chong Kiat Kat and proactively supported by hotel investors and numerous tourism owners. The future is bright. Fortunately, at the same time, KK has Sabin as Mayor. He is progressive and proactive in sorting out KK's myriad problems. Under Sabin, KK is becoming an attractive city. The increasing tourist arrivals stands testimony. With Christina and Sabin, KK is destined for greater things! What's next, which direction for Sabah's tourism? Sabah's tourism has been the 'darling industry' for many years. 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The Sun
7 hours ago
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