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, 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 
leased 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)
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