BioNexus Gene Lab Corporation announces entry into Biogas Sector via Teaming Agreement with Protech Builders Sdn. Bhd.

Core Insights - MRNA Scientific Sdn. Bhd. and Protech Builders Sdn. Bhd. have signed a strategic teaming agreement to develop and operate biogas plants in Malaysia, focusing on renewable energy generation from plantation wastewater [1][2][5] Group 1: Agreement Details - The three-year agreement involves pooling resources to identify, market, and execute biogas projects, with an initial financial contribution of up to RM1,000,000 (approximately USD 235,000) for feasibility studies and project development [2][4] - The partnership aims to leverage MRNA's market knowledge and chemical raw material expertise alongside Protech's mechanical and electrical engineering capabilities [3][5] Group 2: Market Potential - The biogas market in Malaysia presents significant growth opportunities, with expectations to secure multiple projects ranging from small to large-scale installations over the next three years [4][5] - The collaboration is positioned to meet the increasing demand for biogas solutions, contributing to both environmental sustainability and economic benefits in Malaysia [5] Group 3: Company Backgrounds - BioNexus Gene Lab Corp. is an emerging biotech company and a leading supplier of chemical raw materials in Southeast Asia, operating in the biotech and chemical supply industries [6] - Protech Builders Sdn. Bhd. is a renowned mechanical and electrical engineering firm in Malaysia, specializing in complex engineering systems, holding a G7 construction license that allows for projects of any size [7]