Proven model
USSB has run biomass plants since 2011 with established export channels to Asia and the EU.
Strategic investment opportunity
USD 60M to scale premium EFB pellets to global utilities.
Four premium EFB biomass pellet production units in Malaysia — combined capacity of 6,000 MT/month — targeting fast-growing demand from ESG-aligned utilities in Japan, Korea, China and the EU.
Executive summary
The opportunity at a glance.
Investment size
USD 60 million
Total capacity
6,000 tons / month (72,000 tons / year)
Product
Premium washed EFB pellets
Selling price
RM 650 / ton (FOB average)
Annual revenue (illustrative)
RM 187.2 million
Structure
SPV with investor participation
Target markets
Japan · South Korea · China · EU
Implementation timeline
18 months
Use of funds
Where the USD 60M goes.
Plant construction & commissioning (4 units)60%
Advanced washing, drying & ash-reduction systems18%
Working capital12%
Logistics & export readiness6%
Contingency & SPV operations4%
Why this works
Investment rationale.
Ring-fenced risk
Special Purpose Vehicle ensures transparent governance, ring-fenced risk and clear investor rights.
Long-term offtake
Predictable cash flow underwritten by long-term offtake agreements and active LOIs.
Modular scaling
Four-plant configuration enables operational redundancy, scalability and feedstock-proximity optimisation.
Multiple exits
Dividends, buyback or trade sale — investors are offered flexible exit options.
Strong tailwinds
USD 73B biomass market by 2030, growing at 7% CAGR, with Asia and EU urgently decarbonising.
Risk mitigation
Built for resilience.
- Long-term EFB supply agreements with multiple palm oil mills.
- Diversified offtake across Japan, Korea, China and the EU.
- Insurance coverage and full environmental compliance.
- SPV governance with independent investor oversight.
- Currency-hedged FOB pricing for export contracts.
Investor FAQ
The questions we hear most often.
How is the SPV structured?+
The investment vehicle is a Malaysian Special Purpose Vehicle (SPV) wholly dedicated to the four-plant programme. Investors subscribe to equity in the SPV, which in turn owns the plants, offtake contracts and EFB supply rights. Governance is exercised through a board with independent investor representation; accounts are audited by a Big-Four firm. The SPV ring-fences risk so that USSB's broader operations do not affect — and are not affected by — the investment.
What is the expected timeline from commitment to first revenue?+
Total implementation is 18 months. Months 0–3: SPV formation, final permits, EPC contracting. Months 3–12: parallel construction of Plants 1–2, then 3–4. Months 12–15: commissioning and SIRIM/SGS lot certification. Month 15 onwards: first commercial shipments to LOI counterparts in Japan and Korea. Plants come online sequentially so partial revenue starts earlier than full ramp.
What are the key risks and how are they mitigated?+
Feedstock risk is mitigated by long-term EFB supply agreements with multiple palm oil mills. Offtake risk is mitigated by diversification across Japan, Korea, China and the EU plus active LOIs. FX risk is mitigated through FOB USD pricing and natural hedging against MYR-denominated costs. Construction risk is mitigated by a turnkey EPCC partner with insurance coverage. Regulatory risk is low — biomass is explicitly favoured under Malaysia's NETR and the EU's RED III. Full risk register is provided in the information memorandum under NDA.
What exit options are available to investors?+
Three primary routes: (1) dividend distribution from year 2 onwards as plants ramp to full capacity; (2) SPV buy-back by USSB or strategic partner at a pre-agreed multiple; (3) trade sale to a utility, industrial conglomerate or infrastructure fund. A future IPO of the SPV or its parent is contemplated but not committed.
What disclosures and reporting will I receive?+
Quarterly SPV financial and operational pack (P&L, EBITDA, plant utilisation, shipments). Annual audited accounts. ESG report aligned with GRI and ISSB. Lot-level SIRIM/SGS certificates for every shipment. Board observer rights available for committed investors above a threshold size.
How do I request the information memorandum?+
Send a short note via the contact form indicating your organisation, jurisdiction and indicative ticket size. We will counter-sign an NDA and release the full information memorandum, financial model, technical due diligence and risk register within two business days.