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Xiamen C&D Inc. Stock Code: 600153.SH

Stock Code: 600153.SH

C&D Paper & Pulp Launches the World’s First Industrial-Scale Palm Pulp Project in Malaysia, Setting a New Green Benchmark for the Belt and Road Initiative

Date: 2025-04-16 | Source：C&D Inc.

On April 16, 2025, C&D Inc. (600153.SH) Paper & Pulp Group entered into a strategic partnership with Malaysia-based Nextgreen IOI Pulp (NIP) to jointly launch the world’s first industrialized palm pulp project. The signing ceremony was attended by Dato’ Lim Thiam Huat, Managing Director of Nextgreen; Dato’ Lee Yeow Chor, Managing Director and CEO of IOI Group; Mr. Lin Mao, Chairman of C&D Inc.; and Mr. Zhang Xiaohui, General Manager of the C&D Paper & Pulp Group., etc.

Located in the Green Technology Park in Pekan, Pahang, Malaysia, the project marks the first-ever industrial application of palm pulp as a raw material for papermaking. As an innovative and eco-friendly raw material, palm pulp can be used to produce a wide range of paper products. After more than 20 years of continuous research and development, Nextgreen has successfully converted palm planting waste (such as empty fruit bunches) into high-quality pulp raw materials, achieving zero waste discharge and renewable energy utilization, providing a more environmentally friendly and sustainable solution for the pulp industry.

Through this partnership, C&D Paper & Pulp and Nextgreen IOI Pulp will jointly promote the world’s first palm pulp industrialization project, filling a major gap in the global pulp market. In the meantime, C&D Paper & Pulp will leverage its extensive distribution network, broad market reach, and deep supply chain expertise to ensure that the product smoothly enters the market and achieves success.

Taking place amid the deepening Comprehensive Strategic Partnership between China and Malaysia, this collaboration is not only a vivid example of C&D Paper & Pulp’s global strategy in action, but also a model of economic and trade cooperation between China and Malaysia under the “Belt and Road Initiative”. From Xiamen Special Economic Zone to Pahang, Malaysia, C&D Paper & Pulp is committed to exploiting new value, and making positive contributions to regional economic integration and sustainable development.