KUALA LUMPUR (July 2): The Malaysian Palm Oil Board (MPOB) will introduce seven new technologies to industry players during its Transfer of Technology virtual seminar (Webinar TOT 2020) on July 7.
Its director-general Dr Ahmad Parveez Ghulam Kadir said the new commercialised technologies would cater for both the upstream and downstream sectors of the industry.
"We will introduce a number of new technologies that could be used by the industry or anyone interested in increasing their income," he said during an interview on Radio Television Malaysia’s ‘Biz Malaysia’ programme today.
To date, he said MPOB has developed 667 technologies, of which 30 percent have been commercialised with a market value of RM3.5 billion.
Ahmad Parveez said MPOB would continue to come up with new technologies that could spur the palm oil industry and the country's economic growth.
“We developed technologies for the upstream sector to improve yield and production efficiency as well as to avoid wastage,” he said.
The agency has also developed technologies for the production of margarine, cosmetics and palm milk, enabling industry players to get higher value from palm oil.
He added that MPOB currently has more than 80 scientists and is actively involved in research collaborations locally and abroad to share its expertise in the industry.