KUALA LUMPUR: Asia Poly Holdings Bhd
strengthened its raw material supply while advancing sustainability in September 2024 by subscribing to new shares for a 35% equity stake in EcoGreen Monomer Sdn Bhd (formerly known as Zhen Xing Plastic Sdn Bhd) for RM7.5mil in cash.
EcoGreen is in the business of producing depolymerized methyl methacrylate monomer (green MMA). MMA is the raw material used to manufacture acrylic plastics – it can be the form of virgin MMA that is derived from petrochemical processes; or green MMA where it is produced from recycling used or waste acrylic products.
