Malaysian bioplastic company eyes ME market

Newly incorporated, Golden Composite Sdn Bhd plans is eyeing Middle East countries as its first overseas market for its biodegrable plastic products. The company, set up in September 2008, plans to market 60% of its products overseas while the rest would be for the local market. The company is building a RM23 million plant to produce 3,000 metric tons of biodegradable plastics resin from tapioca starch in the northern peninsular state of Perlis in Malaysia with target completion by end of this year. The complany plans to initially import import tapioca starch from neighboring countries such as Thailand.Adidas Falcon