Latest news with #NationalAdvancedMaterialsTechnologyRoadmap

Barnama
17-07-2025
- Business
- Barnama
Malaysia Targets High-impact Green, Deep-tech Investments
Minister of Science, Technology and Innovation Chang Lih Kang delivers speech at the Malaysia Commercialisation Year 2024 Summit here today. KUALA LUMPUR, July 17 (Bernama) -- Malaysia is unlocking high-impact investments at the intersection of sustainability and digital transformation, a key priority under the MADANI government's green growth agenda. Science, Technology and Innovation Minister Chang Lih Kang said this was because innovation in carbon management, hydrogen energy, green materials and circular economy models is being actively advanced to accelerate the nation's low-carbon transition. As part of its long-term clean energy strategy, the government, he said, is also exploring advanced nuclear technologies, including Small Modular Reactors (SMRs), which offer potential not only for decarbonisation but also for driving high-value research and development (R&D), technology transfer and skilled talent development. 'In parallel, Malaysia is positioning itself as a regional hub for advanced materials, especially rare earth elements (REE), which are essential to green technologies, electric vehicles and digital industries,' he said at the National Economic Forum 2025 here today. Chang further said the government is working to strengthen local capabilities across the entire value chain, from sustainable extraction to downstream high-tech applications, through strategic roadmaps such as the National Advanced Materials Technology Roadmap. 'With a 17 per cent increase in private-sector R&D investment recorded in 2024, particularly in clean energy and digital health, investor confidence is rising. 'To build on this momentum, efforts are being made to de-risk deep-tech investments through matching grants, co-investment models and collaborative public-private platforms that foster innovation and long-term growth,' said. On the National Biotechnology Policy (DBN 2.0), Chang said Malaysia is committed to advancing biotechnology safely and responsibly by strengthening institutional readiness and regulatory frameworks, including addressing ethical issues such as cultured meat production in the upcoming National Biotechnology Ethics Guideline, to be launched in September 2025. 'Under DBN 2.0, the sector is driving growth in biopharmaceuticals, industrial and agricultural biotech, with ambitions to position Malaysia as a regional bio-based hub aligned with sustainability and ESG (Environmental, Social and Governance) goals.


New Straits Times
25-06-2025
- Business
- New Straits Times
Gas Malaysia, UK's Levidian team up to drive graphene production here
KUALA LUMPUR: Gas Malaysia Bhd, a member of MMC Group, recently signed a pact with British climate technology company Levidian to explore the deployment of the latter's patented LOOP technology here and the wider region. Gas Malaysia said the collaboration aligns with its long-term growth strategy and underscores its commitment to sustainability, innovation and delivering cleaner energy solutions. Levidian's LOOP decarbonisation device is a modular system that cracks methane to produce clean hydrogen and capture carbon in the form of high-quality graphene. The latter is a supermaterial with growing commercial relevance in industries such as automotive, batteries, paint and coatings, construction and advanced materials. Both parties will collaborate on the deployment of a LOOP unit in Malaysia that will serve as a reference installation for further expansion toward broader regional commercialisation. Gas Malaysia president and group chief executive officer (CEO) Ahmad Hashimi Abdul Manap said the partnership marks a significant step forward in its decarbonisation journey and pursuit of a sustainable future. "By leveraging transformative technologies like LOOP, we aim to enhance the value of natural gas, diversify our revenue streams and reinforce our ESG agenda in support of Malaysia's energy transition," he said. He added that its venture into high-quality graphene aligns well with the goals of Malaysia's New Industrial Master Plan 2030. "Notably, graphene has been identified as one of four game-changing advanced materials under the National Advanced Materials Technology Roadmap 2021-2030, with the potential to transform the manufacturing sector." Levidian CEO John Hartley said partnership lays the foundation for an impactful collaboration, delivering both economic and environmental value through innovation. "We are proud to partner with Gas Malaysia in bringing LOOP to Southeast Asia, supporting both the region's decarbonisation goals and wider adoption of graphene as we continue on our journey to become one of the world's largest producers of high-quality, more sustainable graphene."