Nextgreen Global partners IOI in developing zero-waste paper pulp plant

From left: Nextgreen IOI Pulp director Lim Kah Yee, NGGB managing director Datuk Lim Thiam Huat, IOI group managing director and chief executive Datuk Lee Yeow Chor and Nextgreen IOI Pulp director Amid Mohd Hafiz Amid Khalid

KUALA LUMPUR: Nextgreen Global Bhd (NGGB) has inked a partnership with IOI Corp Bhd unit IOI Paper Pulp Sdn Bhd to develop the nation’s first large scale zero-waste paper pulp plant in NGGB’s 410-acre Green Technology Park (GTP)in Pekan, Pahang.

In a statement, NGGB said the parties will establish a private limited company, Nextgreen IOI Pulp Sdn Bhd, which will be 55% held by NGGB and 45% by IOI.