Techbond, MPOB Tie Up to Pioneer Palm Oil-Based Industrial AdhesivesThursday, March 5, 2020
Techbond Group Bhd’s wholly-owned subsidiary, Techbond Greentech Sdn Bhd (TGSB), has collaborated with the Malaysia Palm Oil Board (MPOB) for the technical expertise and technology know-how transfer from MPOB in relation to a process to produce polyols from palm oil, according to Bernama news on February 25. In a statement, Techbond said both parties would also leverage on each other’s technical expertise and know-how to develop a formulation to be used in the creation and production of palm oil based industrial adhesives.
The project comprises two phases: workable formulation stage (phase one) and commercialization stage (phase two). For Phase One, MPOB would conduct research and development (R&D) to create a workable formulation using its patented technology to produce polyols while under Phase two, TGSB would then produce polyols using Malaysian palm oil or its derivatives based on the formulation and to create a new type of industrial adhesives and ultimately commercialising the product, said the parties. Techbond is a homegrown pioneer in developing and manufacturing industrial adhesives and sealants.