Latest news with #NMB

Barnama
07-08-2025
- Business
- Barnama
NanoMalaysia Berhad Welcomes 13th Malaysia Plan, Reaffirms Role in Driving High-Growth, High-Value Innovation and Sustainability
KUALA LUMPUR, Aug 7 (Bernama) -- NMB (NanoMalaysia Berhad), a company limited by guarantee under the Ministry of Science, Technology and Innovation (MOSTI), welcomes the launch of the 13th Malaysia Plan (13MP) and commends the government's bold ambition to restructure the economy, enhance sustainability, and position Malaysia as a regional leader in innovation and technology. Themed 'Melakar Semula Pembangunan' (Redesigning Development), the five-year master development plan outlines an inclusive roadmap to foster local technology advancement, industrial innovation, and sustainable economic growth. As the nation's lead agency for nanotechnology commercialisation, energy storage, local electric vehicle (EV) technology, and hydrogen technology development, NMB is strongly aligned with the 13MP's emphasis on energy transition, food security, digital innovation, circular economy, and talent development, areas where NMB has already demonstrated tangible impact.


The Sun
01-08-2025
- Business
- The Sun
NanoMalaysia partners with firms to turn agricultural waste into nanofibers
PUTRAJAYA: NanoMalaysia Bhd (NMB), an agency under the Science, Technology and Innovation Ministry (MOSTI), has signed a memorandum of understanding (MoU) with three companies to explore the use of agricultural waste in producing cellulose nanofibers for industrial applications. The agreement involves SEED Tech Sdn Bhd (STSB), XMU Jiageng Education Development Sdn Bhd (XMU), and Henan Yujian Building Renovation Technology Co Ltd (YJ). Science, Technology and Innovation Minister Chang Lih Kang highlighted the initiative as a step toward a greener, more innovative Asia. 'Malaysia generates approximately 168,000 tonnes of agricultural waste daily, yet less than 10 per cent is upcycled. This collaboration transforms waste into economic value, aligning with the Bioeconomy Blueprint and MOSTI's Advanced Materials Technology Roadmap,' Chang said. The partnership aims to enhance research and development (R&D) spending to 2.5 per cent of GDP by 2030, up from 1.04 per cent. Chang emphasized that public-private and cross-border collaborations are key to achieving this goal. The project will focus on commercializing technology through licensing, intellectual property generation, and joint ventures across Malaysia, China, and the Asia-Pacific. It supports Malaysia's shift toward a knowledge-driven economy under the Malaysia MADANI framework and the National Industrial Master Plan 2030 (NIMP 2030). A MOSTI statement noted that nanofibers can improve material strength in construction, automotive, and engineering sectors, offering up to 50 per cent cost savings. The collaboration leverages the expertise of all four partners to drive high-impact outcomes for Malaysia and the region. - Bernama


Barnama
19-06-2025
- Business
- Barnama
NMB and CIMA Formalise Strategic Partnership to Develop Malaysia's First Low-carbon, Graphene-enhanced Concrete
KUALA LUMPUR, June 19 (Bernama) -- NMB (NanoMalaysia Berhad), a CLBG under the Ministry of Science, Technology and Innovation (MOSTI), and Cement Industries of Malaysia Berhad (CIMA), a wholly-owned subsidiary of UEM Group Berhad, today announced the signing of a strategic partnership to drive the development of Graphene Enhanced Concrete – a groundbreaking sustainable building material locking in solid carbon derived from greenhouse gas atmospheric emission, aimed at transforming Malaysia's construction industry by addressing critical environmental and performance challenges. This partnership aims to pioneer the integration of nanotechnology into the construction industry, focusing on delivering concrete solutions that not only meet but exceed all key technical performance criteria. By advancing innovation in materials science, it is foreseen that the development of a new generation of green and sustainable concrete will be designed to support long-term environmental goals while elevating industry standards.


Daily Maverick
18-06-2025
- Business
- Daily Maverick
Nelson Mandela Bay metro asks council to urgently approve millions for security firm looking after substations
If the company is not paid, the substations are at risk of being left unguarded and, therefore, vulnerable to vandalism, which could cause costly power outages Nelson Mandela Bay's acting city manager, Ted Pillay, has asked for an urgent decision by council to approve the reallocation of more than R20-million from the current year's budget to pay the security firm guarding some of the city's major substations. According to council documents, the urgent payment will avoid the security firm's withdrawal, and leaving the city's substations vulnerable to theft and vandalism. In a metro where cable theft is rife, Nelson Mandela Bay (NMB) now owes its security service provider R21-million, according to a report before council. A payment of R7-million was made last week to avoid the substations being abandoned by guards. The matter is expected to be heard on Wednesday, 18 June, after it was deferred because not all councillors had seen the documents. Adopt-a-substation Wayne Hart, from Atlas Security, said that while his organisation is not the security provider owed millions by the municipality, Atlas does guard crucial substations in several parts of the city as part of the Business Chamber's Adopt-a-Substation programme. As part of this programme, businesses fund private security to protect substations against attacks. Highlighting the importance of security at these substations, Hart said the company protects the large substation at Struandale. Part of its plan involves stationing guards and security vehicles there 24/7. 'This initiative was launched two years ago, and to date we haven't had one single incident. Before our involvement that substation was a target and would often knock half of the industrial areas out,' he said. He added that his company also monitors alarms at other substations and responds accordingly. Other security measures employed under the Adopt-a-Substation initiative include perimeter fencing and the installation of hi-tech security cameras monitored around the clock. Letter to the Presidency In a letter written to the Presidency, several government departments and Eskom in late 2024, the CEO of the Nelson Mandela Bay Business Chamber, Denise van Huyssteen, requested that the government declare the two substations at Chatty in NMB as national key points. She also asked that the government consider sending in the army to protect the infrastructure. In her letter Van Huyssteen highlighted that in 2023 there had been several incidents of cable theft at the municipal substation, and the fence and alarms were tampered with to gain access. It is estimated that damage to the crucial Chatty substations could lead to power outages of several weeks in NMB. In the past 12 months, there have been several reported instances of vandalism at substations in the metro leaving residents without power. Major risk In its 2025 integrated development report, vandalism is highlighted as one of the major risks facing the city. The report also states that the metro's electricity department will have to be subsidised by municipal rates to remain viable. Opposition parties have repeatedly argued in council that the electricity department would bankrupt the city if a successful turnaround plan was not implemented. 'We have not seen a turnaround plan yet,' said Werner Senekal, a Democratic Alliance member in the council . In its application to the National Energy Regulator for tariff increases, the metro said vandalism and cable theft are two of the factors hampering an efficient electricity service in NMB. DM


Barnama
30-05-2025
- Business
- Barnama
NanoMalaysia Berhad Wins Accolades at ITEX 2025 for National Innovations
KUALA LUMPUR, May 30 (Bernama) -- NMB (NanoMalaysia Berhad), the nation's lead agency for nanotechnology and deep tech commercialisation under the Ministry of Science, Technology and Innovation (MOSTI), achieved prominent recognition at the 36th International Invention, Innovation & Technology Exhibition (ITEX 2025), held from 29 to 30 May 2025 at the Kuala Lumpur Convention Centre. Competing in the Corporate category of the prestigious ITEX Invention & Design Competition, NMB presented four breakthrough innovations showcasing Malaysia's leadership in hydrogen mobility, advanced energy storage, sustainable household technology, and intelligent monitoring systems as high value technological interventions to Malaysia's economic growth trajectory to become a high-tech and high income nation through both the 12th and 13th Malaysia Plan periods.