No go: FGV has announced that its unit was teaming up with Newlight Technologies and Innogas to produce biodegradable plastics from palm oil biomass waste in the country last December.
PETALING JAYA: Felda Global Ventures Holdings Bhd (FGV) has failed to reach an agreement with its partners for its plan to produce biodegradable plastics from palm oil biomass waste in Malaysia.
The plantation giant has terminated its memoranda of understanding (MoU) signed with US-based Newlight Technologies LLC and Innogas Technologies Sdn Bhd.
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