1st Nov 2024
ISF Takes Leading Step Towards Renewable Energy with Gas Malaysia’s First Certified Biomethane Supply Agreement
ISF’s Chief Executive Officer, Mr. Toshio Fujimori (second from right) and Gas Malaysia Energy and Services Chief Executive Officer En. Mohamad Farid Ghazali (second from left), officially signed the GSA agreement. The moment was witnessed by ISF Chief Marketing Officer, Ms. Khoo Yoke Lian (far right), and Gas Malaysia Berhad Group President & Group Chief Executive Officer, En. Ahmad Hashimi Abdul Manap (far left).
ISF proudly announces a groundbreaking partnership with Gas Malaysia Energy and Services (GMES), a subsidiary of Gas Malaysia Berhad (Gas Malaysia). With the signing of a new Supplemental Gas Supply Agreement (GSA), ISF has become Gas Malaysia’s first customer to receive certified biomethane through the Natural Gas Distribution System (NGDS). This milestone highlights both companies’ dedication to a sustainable energy future within the industrial sector and supports ISF’s ambition to achieve carbon neutrality by 2050.
The biomethane provided to ISF by GMES is certified under the globally recognized International Sustainability and Carbon Certification (ISCC) PLUS standard, ensuring its alignment with stringent sustainability and renewable energy standards. Derived from Palm Oil Mill Effluent (POME), this biomethane exemplifies the power of a circular economy, turning waste into a renewable energy source that meets conventional natural gas standards.
Speaking at the official signing ceremony, Mr. Toshio Fujimori, Chief Executive Officer of ISF, expressed the importance of the alliance in creating lasting value for a sustainable future. “This partnership between GMES and ISF establishes a new benchmark for industry collaboration in driving sustainable growth. Our joint efforts are focused on creating value for a greener future and supporting Malaysia’s aspiration of achieving net-zero emissions by 2050.” said Mr. Fujimori.
As part of The Nisshin OilliO Group, Ltd., ISF has long utilised natural gas as a core fuel source in its operations. The transition to ISCC-certified biomethane marks a significant advancement in ISF's Environmental, Social, and Governance (ESG) strategy. Certified biomethane produces lower greenhouse gas (GHG) emissions compared to natural gas, reinforcing ISF’s commitment to sustainability. This shift further aligns ISF's sustainability goals with the National Energy Transition Roadmap (NETR), which targets a reduction in greenhouse gas emissions and the achievement of net-zero emissions by 2050.
The Chief Executive Officer of ISF, Mr. Toshio Fujimori and Chief Executive Officer of GMES, En. Mohamad Farid Ghazali formalised the Supplemental GSA as signatories, jointly witnessed by ISF’s Chief Marketing Officer, Ms. Khoo Yoke Lian and Gas Malaysia's President & Group Chief Executive Officer, En. Ahmad Hashimi Abdul Manap.
En. Ahmad Hashimi Abdul Manap, President & Group CEO of Gas Malaysia Berhad, emphasized the transformative impact of the agreement: “This business relationship represents a significant step towards advancing renewable energy adoption in industries traditionally dependent on fossil fuels. The biomethane generated through this initiative is sourced from POME, thereby contributing to a circular economy model. By treating waste into a viable energy source, we aim to address waste-related environmental challenges and facilitate the transition from conventional energy sources to greener alternatives, in alignment with the nation’s broader sustainability objectives.”
Since 2005, ISF has been a valued customer of GMES, and the GSA has further deepened the strong relationship between both organizations. This collaboration with GMES and Gas Malaysia Green Ventures Sdn Bhd (GMGV) highlights ISF’s commitment to sustainability and reinforces biomethane’s role in advancing Malaysia’s sustainability landscape.
ISF’s leadership in sustainable energy adoption demonstrates the specialty fats industry’s potential for positive environmental impact, setting a strong example for others in the sector. Together, ISF and Gas Malaysia are creating a path for a more sustainable future, meeting today’s energy needs while building a legacy of environmental responsibility.
About Intercontinental Specialty Fats Sdn Bhd (“ISF”)
Intercontinental Specialty Fats Sdn. Bhd. (“ISF”) is a privately-owned company headquartered in Port Klang, Malaysia, established in 1980. As a leading manufacturer of palm specialty oils and fats, ISF owns and operates refining and downstream processing facilities across Peninsular Malaysia, with a dedicated workforce of approximately 700 employees. Additionally, we maintain a sales and distribution office in Shanghai, China, strategically positioned to support and empower local businesses. In 2018, we further expanded our operations with the establishment of a refinery in Italy. This refinery enhances the refinement process for ISF products originating from our Malaysian facilities before distributing them across Europe.
ISF is a subsidiary of The Nisshin OilliO Group, Ltd., the largest vegetable oil company in Japan.
For more information about Intercontinental Specialty Fats Sdn. Bhd, please visit: https://isfsb.com/
About Gas Malaysia Berhad
Gas Malaysia Berhad, a member of MMC Corporation Berhad, was established on 16 May 1992 to sell, market and distribute natural gas as well as to construct, operate and maintain the Natural Gas Distribution System (“NGDS”) within Peninsular Malaysia. Gas Malaysia is licensed under the Gas Supply Act, 1993 (“GSA”) by the Suruhanjaya Tenaga (“ST”), with the approval of the Minister, to supply and sell reticulated natural gas in Peninsular Malaysia. On 15 December 2000, Gas Malaysia was granted the licence to supply and sell reticulated Liquefied Petroleum Gas (“LPG”). This licence further expands Gas Malaysia’s business in the supply of reticulated LPG to commercial and residential sectors within Peninsular Malaysia. Gas Malaysia currently operates and maintains over 2,800 kilometres of Natural Gas Distribution System network across Peninsular Malaysia, supplying natural gas and LPG to over 1,000 industrial customers, about 1,900 commercial customers and over 21,000 residential customers.
For more information, please visit www.gasmalaysia.com
About MMC Corporation Berhad
MMC Corporation Berhad (MMC) has evolved over the years to be the Malaysia’s leading utilities and infrastructure group with diversified businesses under three core divisions; energy & utilities, ports & logistics and engineering & constructions. As an active player with a diversified portfolio of businesses in utilities and infrastructure, MMC Corporation has and will continue to make significant contributions to the development of human and intellectual capital as well as to the environment and the local community.
For more information, please visit www.mmc.com.my
