Nextgreen taps palm oil biomass for pulp, paper


(From left) Xiamen C&D Paper & Pulp Group Co Ltd general manager Zhang Xiao Hui, Nextgreen Global Bhd managing director Datuk Lim Thiam Huat, IOI Corp Bhd group managing director and chief executive Datuk Lee Yeow Chor at the joint venture agreement signing ceremony to spearhead the development of a high capacity, bio-integrated pulp production facility at the Green Technology Park in Pekan, Pahang.

PUTRAJAYA: Green technology company Nextgreen Global Bhd is optimistic that its joint venture (JV) with Xiamen C&D Paper & Pulp Group Co Ltd of China to set up a paper pulp plant will progress well, underpinned by strong demand for sustainable pulp and strategic government backing.

Nextgreen Global first announced its plan to form a JV with Xiamen C&D last April.

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