Genting Plantations unwinds deal with Elevance


KUALA LUMPUR: Genting Plantations Bhd is taking back a 25% stake in a metathesis plant it sold to a US-based technology partner Elevance Renewable Sciences Inc in 2014.

The plant is an existing 200,000 metric tonnes biodiesel facility in Lahad Datu, Sabah.

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Genting Plantations , Elevance , palm oil

Next In Business News

Malaysian chip firm SQAI said to plan RM300mil IPO in early 2027
Air Products to build LNG-based air separation unit for PETRONAS-led venture in Malaysia
BYD exec says biggest challenge to expansion is geopolitics
PTT Synergy, Sekatarakyat commence development of logistics park in Pontian
Eastspring Investments launches US equity income fund
Uniqlo operator Fast Retailing posts 32% rise in profit, beats forecasts
Nestl� Malaysia, Yayasan Food Bank Malaysia sign three-year MoU on food redistribution
Dapat Vista responds to PAC findings on eJamin management
Gold pauses decline after two-month low as traders weigh US Fed move
Sino-Asean economic ties gain new dimensions

Others Also Read