PLS Plantations, Nippon Paper Group explore feasibility of large-scale eucalyptus plantation


From left: Haji Mohd Fauzee Haji Tahir, director, Aramijaya Agri & Agro; Lee Hun Kheng, group CEO, PLS Plantations; Koichi Sato, executive officer, Nippon Paper Industries; and Yoshikazu Kume, general manager, forestry department, Nippon Paper Industries

KUALA LUMPUR: PLS Plantations Bhd is undergoing a three-year collaboration with Nippon Paper Industries Co Ltd (NPI) and Nippon Paper Lumber Co Ltd (NPL) to explore the feasibility of developing a large-scale eucalyptus plantation programme in Malaysia.

In a statement, it said it had inked a strategic partnership agreement (SPA) and joint research agreement to outline the partnership in developing the planting programme and advance related technical research.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

For the record
DayOne’s next move in focus
Carry trades in play
Shorter bonds, safer bets?
De Ayala’s curious mind
Full dams aren’t enough
House of Vanderbilt revives a fading fortune
EV producers drive into US market
Hybrid tax could end GST-SST standoff
Gold’s debt-driven rally

Others Also Read