Nextgreen Resources creates biodiesel and UCO trading JV in Malaysia

In Malaysia, the Board of Directors of Nextgreen announced that Nextgreen Resources Sdn Bhd, its wholly-owned subsidiary, on Wednesday entered into a Joint Venture Agreement with P Teguh Services Sdn Bhd to undertake a joint venture through a special purpose vehicle to be incorporated in Malaysia under the Companies Act 2026 to engage in the business of trading, supply and export of biodiesel, edible cooking oil and various other related products including equipment and facilities, construction of depot and such other related business as the parties may mutually agree from time to time.