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JV to set up Sabah’s First Bio-Organic Fertilizer Plant

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PETALING JAVA: ALI Cosmos Industries Sin BM, a BioNexus-status company facilitated by Malaysian Biotechnology Corp Sdn Bhd (BiotechCorp), has formed a joint venture with Sabah Softwoods Bk1 to set up the rust bio-organic fertilizer manufacturing plant in Sabah.

Sabah Softwoods Hybrid Fertilizer Sdn Bhd (SSHF) will operate in the palm oil industrial cluster (POIC) in Lahad Dam. with a total investment of RM50 million. SSHF (Sabah Softwood Hybrid Fertilizer) will focus on manufacturing, marketing and trading of bio-organic fertilizers in Sabah.

Sarawak and Indonesia. The plant is expected to produce between 150,000 and 180,000 tones of bio-organic fertilizers per year, with an estimated revenue of RM2 million, All Cosmos CEO Datuk Tony Peng said in a statement yesterday.

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