The Malaysian Palm Oil Board (MPOB) and Techbond Greentech Sdn Bhd have signed a technology development collaboration for the production of palm-based polyol to be used as one of the components of polyurethane adhesives to replace formaldehyde-based adhesives.
The MPOB said it signed a memorandum of agreement with Techbond for the commercialisation of palm-based polyol technology in February, which involved two stages, namely research and development (R&D) to produce polyurethane adhesive formulations followed by commercialisation of technology.
“With the introduction of the polyol technology, Techbond Greentech will now produce sustainable palm oil-based polyol for the production of new industrial-grade polyurethane adhesives and, ultimately, commercialise the product,” it said in a statement.
MPOB chairman Datuk Ahmad Jazlan Yaakub said the joint venture (JV) between MPOB and Techbond is a win-win situation for the research and commercialisation of palm-based polyol products that could potentially be used in polyurethane adhesives.
“The involvement of the industry and local companies in the commercialisation of technology developed by the MPOB has accelerated the progress of the downstream sector of the palm oil industry for the production of value-added palm-based products that generate high income.
“The MPOB’s expertise in developing technology in the oil palm industry provides opportunities for local companies and small and medium enterprises (SMEs) to capitalise on the business opportunities available for commercialisation of technology,” he said.