Solution Engineering Holdings Bhd

The Mesdaq-listed Solution Engineering’s core business is designing and developing teaching equipment for engineering courses under the Solteq brand.Its teaching equipment are utilised in public and private universities, colleges, polytechnics, skilled training centres and technical institutions in Malaysia, the Middle East, Indonesia, Bangladesh, Australia, Pakistan and Vietnam.

Solution Engineering Holdings Bhd is teaming up with Universiti Putra Malaysia (UPM) to design and build a pilot plant for the production of environment-friendly bio-lubricant baseoil for use in the local market.

The RM4mil pilot plant, when operational by the first quarter next year (2009), could produce 700 tonnes of bio-lubricant baseoil per year.

Under the collaboration, UPM would provide some research and development, and laboratory services to Solution Engineering.

All local companies were currently importing the bio-lubricant baseoil feedstock for use in their lubricant blending plants as there were no baseoil plants in Malaysia so far.

For the first nine months ended Sept 30, the company posted a revenue of RM8.55mil compared with RM6.63mil in the previous corresponding period.