31/10/2024
🌱 Big News from Papyrus Australia!
We're thrilled to announce we have entered a terms sheet with Thanh Dung Co Ltd for a joint venture operation in Vietnam!
This exciting collaboration will see the commercialization and deployment of our cutting-edge Phase 2 technology, transforming banana agriwaste into up to 3000 tonnes of high-quality, sustainable packaging.
🔹 Partnership Highlights:
• Thanh Dung Co, a respected player in the paper industry, brings 30+ years of experience and a strong commitment to the circular economy.
• Access to 13,000 hectares of banana plantations in Hai Duong Province, ensuring ample raw material for the venture and future expansion.
"This partnership represents a pivotal milestone in our commitment to sustainability and innovation," said Al Jawhari, Executive Chair of Papyrus Australia.
Stay tuned for more updates as we embark on this exciting journey to drive sustainable solutions in waste management and economic development in Vietnam! 🌍
