MTC Orec and Evonik Strengthen Strategic Partnership for Biogas Development
MTC Orec Sdn Bhd (MTCO) and Evonik Industries AG have signed a Supply and Purchase Agreement to enhance biogas development in Southeast Asia. This collaboration builds on a partnership initiated in 2015, with aims to address the increasing demand for renewable energy in the region.
Theia Market Signal Identification - AI Assisted
On April 23, 2026, MTC Orec Sdn Bhd (MTCO) formalized a long-term strategic partnership with Evonik Industries AG to accelerate biogas development in Malaysia and Southeast Asia. The collaboration, which has expanded since its inception in 2015, has already resulted in the establishment of seven biogas plants and two projects for biogas injection into the national grid in Johor.
The partnership has diversified into processing municipal solid waste, food waste, and animal waste, improving biogas generation efficiency. Future plans include expanding into Indonesia and exploring Sustainable Aviation Fuel (SAF) and Sustainable Marine Fuels (SMF) to support regional low-carbon energy transitions. This strategic direction is further supported by VentureTECH Sdn Bhd, which aids in governance and strategic guidance.
Comments