First-of-its-kind bio-based plant to be built in Malaysia (Day 270)

Two biotechnology companies are joining forces to build a world-first renewable chemical manufacturing plant in Nusajaya, Iskandar, Malaysia.

The plant is said to be the first-of-its-kind; a bio-based plant that will produce 30 million pounds of diacids, including dodecanedioic acid (DDDA), each year.

Verdezyne logoVerdezyne, an American industrial biotechnology company that works to develop technologies to create a positive impact on the environment, has partnered with Bio-XCell, a Malaysian biotechnology park and ecosystem facility aiming to position Malaysia as a world leading biotech location.

So, through their partnership, Verdyzyne has BioXCell Logoleased 6.9 acres of land at the biotechnology park and secured a loan from Bio-XCell of RM 250 million (or UK £49 million) to build their plant.

Continue reading First-of-its-kind bio-based plant to be built in Malaysia (Day 270)