Pentas Flora leads waste management initiative in Malaysia
Malaysia’s used oil re-refiner Pentas Flora Group has announced a significant milestone for its subsidiary, Pentas Flora Recovery (East Coast) Sdn Bhd, with the acceptance of a land lease from the Lembaga Tabung Amanah Warisan Negeri Terengganu (LTAWNT). This agreement, signed on June 10, 2024, marks the establishment of a MYR100 million (USD21.24 million) state-of-the-art recovery plant at Kerteh Biopolymer Park, set to be developed in stages.
The official document exchange ceremony was held at the ECERDC office in Putrajaya and was attended by several VIPs, including YBhg. Dato’ Baidzawi bin Che Mat, CEO of ECERDC, YB Haji Mohd. Nurkhuzaini bin Ab. Rahman, chairman of the Committee on Digital Economy, New Income, Trade, Industry, and Green Technology, and YBhg. Dato’ Mahamad bin Hussain, director of Pentas Flora Recovery (East Coast) Sdn Bhd.
Thw collaboration between Pentas Flora, LTAWNT, and the East Coast Economic Region Development Council (ECERDC) is a significant step forward in addressing Malaysia’s growing waste management challenges. According to the Department of Statistics Malaysia, the country generated an estimated 38.1 million tonnes of solid waste in 2022, with projections reaching 45 million tonnes by 2030. The establishment of this advanced recovery plant at Kerteh Biopolymer Park aims to promote sustainable waste management practices within the East Coast Economic Corridor (ECER).
Che Mat expressed his enthusiasm for the venture, highlighting its potential to contribute significantly to the growth of ECER. He commended Pentas Flora for its swift action on this initiative, aligning with ECERDC’s vision of transforming the region into a vibrant economic hub.
Ab. Rahman, representing the landowner, conveyed his appreciation to Pentas Flora for its commitment to environmental betterment and economic development. He acknowledged the substantial investment and Pentas Flora’s dedication to creating a more sustainable future for Malaysia.
Hussain expressed Pentas Flora’s gratitude for being entrusted by ECERDC as the sole executor for scheduled waste at ECER. He emphasised this trust as the driving force behind the development of the recovery facility. He further elaborated on the project’s potential to generate significant employment opportunities within Terengganu, contributing to both state and national economic growth.
The state-of-the-art recovery plant at Kerteh Biopolymer Park promises to bring positive environmental and economic benefits to the region. By implementing advanced technologies and fostering responsible waste management practices, this collaboration between Pentas Flora and ECERDC paves the way for a more sustainable and prosperous future for Malaysia’s East Coast.