KUALA LUMPUR: Sime Darby Bhd
is taking a stake in US-based industrial biotechnology company, Verdezyne Inc. to pursue strategic growth areas for its plantation business.
The conglomerate said on Monday a new unit, Sime Darby Renewables under its plantations unit, would spearhead this initiative to focuses on converting traditional and non-traditional palm-based commodities into products of higher value.
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