Nextgreen Global Bhd is pushing ahead with its production of pulp from oil palm biomass with the signing of a Memorandum of Agreement (MoA) with Universiti Putra Malaysia (UPM). Its unit, Nextgreen Pulp & Paper Sdn Bhd (NGPP) had inked the MoA with UPM to allow for a technology licensing to NGPP from UPM.
The technology involved the production of nanocellulose from oil palm biomass which was developed by a group of UPM researchers. The licensing agreement with the duration of 30 months started in August 2019 involving a licensing fee of RM550,000 to be paid by NGPP to UPM.
The pulp will be used in the R&D project on sustainable food packaging in collaboration with UPM to offer a viable replacement to polystyrene food packaging following a global shift in consumer preference towards sustainable packaging solutions. (The Star Online)
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Wuzy
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Posted by Wuzy > 2019-05-10 23:06 | Report Abuse
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