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RIYADH: The UAE-based food packaging manufacturer Hotpack Global is planning to invest 350 million dirhams ($95 million) over the next 10 years to build 10 biodegradable packaging plants in Malaysia. This comes in partnership with a Malaysian manufacturer of biodegradable products Free The Seed and facilitated by Malaysian Bioeconomy Development Corp., according to a
• The Dubai-based food packaging manufacturer aims to produce 70 million units of sustainable, consumer packaging products annually, since completion of the first plant.
• Facilitated by Malaysian Bioeconomy Development C
Hotpack Global, a UAE-based food packaging company, is set to invest AED360 million ($98 million) in Malaysia over the next 10 years towards the construction of 10 packaging plants in partnership with a local manufacturer of biodegradable products.