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Startups

Biotech startup turns palm waste into high-value chemicals

Japan's GEI sees a market in making plantations more profitable and sustainable

GEI plans launch its new operations in Malaysia before branching out into other countries in the region.   © Reuters

TOKYO -- Japanese biotechnology startup Green Earth Institute is set to expand into Southeast Asia with plans to manufacture petrochemical substitutes from biomass.

The company plans to start producing in Malaysia from 2022, and is looking to launch similar projects in other parts of the region.

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