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.
Already a subscriber? Log in
Play, subscribe and stand a chance to win prizes worth over RM39,000! T&C applies.
Cancel anytime. Ad-free. Unlimited access with perks.
