Paper, Printing and
Malaysia’s paper industry has been around since the 1960s but has mostly been relegated to the background as local paper companies lack the capability to expand their business. However, the industry’s prospects may be about to change as MIDA has received a large be about to change as MIDA has received a large number of interest from PRC paper companies wishing to establish their business in the country since 2018.
MIDA has received applications from among the top 10 paper companies in PRC that contributed the most to the industry’s total investment value in 2019. It is estimated that Malaysia’s paper production capacity could jump by 395 per cent from the involvement of these companies.
Total Approved Investments
The projects approved in 2019
are expected to create 6,587 new jobs.
In Malaysia,the production of paper is dominated by packaging papers such as kraft paper, testliner and medium paper. Those products are produced by all the major paper companies; namely, GS Paper & Packaging Sdn. Bhd., Muda Paper Mills Sdn. Bhd., and Pascorp Paper Industries Sdn. Bhd. Apart from virgin pulp and wastepaper, paper can also be produced through the use of biomass. To date, Eco Palm Paper Sdn. Bhd. is the only company in operation to produce paper from empty fruit bunches (EFB).
MYBiomass Sdn. Bhd. (“MYBiomass”) was formed to capitalise on Malaysia’s existing strengths in the oil palm industry and untapped opportunities from biomass, for technological and economic gains. We aim to attract the anticipated full-scale commercialisation of renewables or green technology R&D by global technology companies.