Malaysian Palm Oil Board (MPOB) and Techbond Greentech Sdn Bhd will start to produce palm-based polyol that will be used as a component in polyurethane adhesives, replacing formaldehyde-based adhesives, reported The Star.
Using the polyol technology developed by MPOB, Techbond Greentech will produce sustainable palm oil-based polyol to create new industrial grade polyurethane adhesives, followed by the commercialisation of the product.
MPOB and Techbond signed a technology development deal for the production of polyol on 9 June. MPOB director-general Dr Ahmad Parveez Ghulam Kadir handed over the document for the licensing technology to Techbond Greentech’s managing director Lee Seng Thye. MPOB chairman Datuk Ahmad Jazlan Yaakub witnessed the signing.
In February last year, MPOB and Techbond Greentech Sdn Bhd signed a memorandum of agreement for the commercialisation of palm-based polyol technology. The deal involves two stages – research and development to produce polyurethane adhesive formulations, followed by commercialisation of technology.
Ahmad Jazlan said MPOB’s expertise in developing technology in the oil palm industry provides opportunities for local companies and small medium enterprises to capitalise on the business opportunities to commercialise new technology.
Lee said the joint venture enabled Techbond Greentech to become a pioneer in the palm oil-based industrial grade adhesives.
“We are confident that we will be able to produce an environmentally friendly industrial adhesives without the release of formaldehyde, based on the company’s initial assessment,” added Lee.
Ahmad Parveez said research on the production of palm-based polyol for use in polyurethane and non-polyurethane foam products has been conducted since the early 90s.
The process of producing palm-based polyol by MPOB was patented in Malaysia (MY-145702-A) and the United States (US7,932,409 B2), in 2007 and 2008, respectively.
As of 2019, MPOB has patented 369 technologies, launched 667 technologies and 174 services for commercialisation purposes.