Nextgreen ties up with IOI on 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

PETALING JAYA: Nextgreen Global Bhd (NGGB) has partnered with IOI Corp Bhd’s unit, IOI Paper Pulp Sdn Bhd, to establish Malaysia’s first large-scale zero-waste paper pulp plant, which is projected to yield about RM300mil in revenue by 2026.

Located within NGGB’s 410-acre Green Technology Park in Pekan, Pahang, the initiative is expected to cost an investment of about RM600mil.