Money in bioplastics for SME

Plentiful: Malaysia has an abundance of agricultural by-products such as palm oil wastes which can be used as renewable feedstocks for bioplastic.— Bloomberg

LOCAL small and medium enterprises (SMEs) can spur Malaysia’s potential as a global bioplastics hub, according to Malaysian Bioeconomy Development Corporation Sdn Bhd.

Its chief executive officer Dr Mohd Shuhaizam Mohd Zain says the country has the policies, technologies, knowledge, infrastructure and feedstock required to create a dynamic and conducive ecosystem for the development of bioplastic.