HZ Corporation
HZ Corporation (HZ Green Pulp Sdn Bhd) is a Malaysia-based manufacturer of molded pulp and Dry Molded Fiber packaging—including cup carriers, food trays, punnets, and coffee lids—made from 100% recycled paper, supplying top global F&B franchises and FMCG brands across 25+ countries.
- Company typePrivate
- Founded2016
- HeadquartersParit Buntar, Malaysia
- Headcount51–100
- GTM typeB2B
- OfferingHardware or Manufacturing
What HZ Corporation does
HZ Corporation (operating as HZ Green Pulp Sdn Bhd) is a Malaysian manufacturer of molded pulp and Dry Molded Fiber packaging products, established around 2015-2016 and headquartered in Parit Buntar, Perak, with a workforce of 51-100 employees. The company produces cup carriers (4-cup, 2-cup, detachable, and 2x2 configurations), food-and-cup combo trays, vegetable and fruit punnets, egg cartons, and paper straws—all fabricated from 100% recycled paper. Its Parit Buntar facility operates at cleanroom Class C standards and is certified to FDA and European food-contact requirements, alongside ISO 9001:2015, FSC-C144837, BRCGS (highest food-safety compliance), FSSC 22000, Eco-Label 009, and the National Mark of Malaysia Brand. The firm became the first Asia-based licensee of PulPac AB's (Sweden) Dry Molded Fiber technology in April 2023, giving it region-exclusive access to a proprietary fiber-forming process for producing coffee lids, food trays, and cutlery as plastic alternatives that match plastic on speed and cost.
The company monetizes through direct B2B sales of molded pulp goods to enterprise customers, with 75% of revenue derived from exports to 25+ countries across five continents. Customer concentration is anchored by the top 10 global F&B franchises and top 5 global FMCG brands, with US distribution extending across 21 states. Distribution is executed through direct enterprise sales, an Ireland-based European subsidiary (HZE Packaging Co Ltd), and a 2026 joint venture (HZP Eco Packaging) with UAE-based Hotpack Global that supplies airlines, coffee brands, caterers, food delivery platforms, and QSR chains across Australia, the Middle East, New Zealand, North America, and Southeast Asia.
The business is founder-led by CEO Dato' Dr. Donald Yap, bootstrapped with no disclosed external funding rounds, and is expanding along three vectors: new geographies (Europe via HZE; Middle East, Oceania, and North America via the Hotpack JV), new product lines (Dry Molded Fiber coffee lids and punnets), and new technology adjacencies developed through an R&D MOU with AIMST University. The operating model is purely physical manufacturing with no software or AI component disclosed.
HZ Corporation firmographics
Firmographics- Name
- HZ Corporation
- Legal name
- HZ Green Pulp Sdn Bhd
- Website
- https://hzcorporation.com
- Company type
- Private
- Founded year
- 2016
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- HZ Corporation (HZ Green Pulp Sdn Bhd) is a Malaysia-based manufacturer of molded pulp and Dry Molded Fiber packaging—including cup carriers, food trays, punnets, and coffee lids—made from 100% recycled paper, supplying top global F&B franchises and FMCG brands across 25+ countries.
- Ownership category
- akta.pro rank
HZ Corporation industry classification
Industry- Product category
- Molded Pulp Packaging
- NAICS
- Other Paperboard Container Manufacturing (322219), Converted Paper Product Manufacturing (3222)
- SIC
- Paperboard Containers & Boxes (2650), Paper Mills (2621)
- akta.pro primary industry
- Molded Fiber & Pulp Packaging (Trays, Clamshells, Cups) (IMAMAKAJ)
- akta.pro secondary industries
- Molded Fiber Packaging (Pulp Trays, Clamshells, Egg Cartons) (IMALACAF), Paper-Based Packaging & Single-Use Paper Products (Paper Bags, Wraps, Cartons) (CRADALAL), Recycled Pulp Manufacturing (IMAMAKAC)
Keywords
Where HZ Corporation is headquartered
LocationHeadquarters
- HQ city
- Parit Buntar
- HQ country
- Malaysia
- HQ region
- Asia
Offices2 records
Markets served
HZ Corporation business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Operations, Personnel, Marketing or Sales, Technology or R&D, Infrastructure
Revenue model
- Molded Pulp Products Sales: Manufacturing and direct sales of molded pulp packaging products including cup carriers, food trays, vegetable/fruit punnets, and egg cartons. Products sold to F&B franchises, restaurants, schools, supermarkets, hospitals, convenience shops, and petrol stations globally.
- Dry Molded Fiber Products: Production and sales of Dry Molded Fiber products including coffee lids, food trays, and cutlery as sustainable alternatives to plastic packaging.
- PulPac Technology Licensing: HZ Green Pulp operates as PulPac licensee in Malaysia/Asia for Dry Molded Fiber technology, producing and commercializing fiber-based packaging products under licensed technology.
Go-to-market motion2 records
Distribution channels3 records
Marketing channels5 records
HZ Corporation product offering
Product offeringCore offering
HZ Corporation manufactures molded pulp packaging products made from 100% recycled paper, including cup carry trays, food and cup combo trays, fruit and mushroom punnets, and egg cartons. The company also produces Dry Molded Fiber products (coffee lids, food trays, cutlery) under PulPac technology licensing, serving F&B franchises, FMCG brands, airlines, supermarkets, and healthcare sectors globally.
Product overview
HZ Corporation (HZ Green Pulp Sdn Bhd) is a Malaysia-based manufacturer of molded pulp products and dry molded fiber packaging. The product portfolio centers on molded pulp cup carriers (including 4-cup, 2-cup, detachable, and 2x2 configurations), food & cup combo trays, and vegetable/fruit punnets—all made from 100% recycled paper. The company also produces Dry Molded Fiber products (coffee lids, food trays, cutlery) under PulPac licensing technology. A subsidiary, HZP Eco Packaging (founded 2025), expands the offerings to paper cups, folding cartons, and paper bags targeting airlines, QSR chains, and food delivery platforms. All products meet FDA and European Food contact requirements and are 100% biodegradable, compostable, and recyclable.
Differentiator
Problem solved
Functional benefit
Products and services
- Molded Pulp Cup Carry Trays Molded pulp cup carrier trays in multiple configurations (2-cup, 4-cup, 2x2 grid, 2-cup detachable) weighing 20-42g, made from 100% recycled corrugated carton, designed for F&B franchises, QSR chains, and catering companies globally.
- Molded Pulp Food and Cup Combo Tray Combo molded pulp tray holding both food and cups, weighing 45g with dimensions 260 x 225 x 45 mm, for foodservice operators requiring integrated food and beverage packaging.
- Molded Pulp Fruit and Mushroom Punnets Molded pulp produce packaging for mushrooms, fruits, and vegetables weighing 30g with dimensions 140 x 125 x 70 mm, used by supermarkets and produce retailers.
- Dry Molded Fiber Coffee Lids Fiber-based alternative to plastic coffee lids produced using PulPac Dry Molded Fiber technology, serving coffee brands and QSR chains as a sustainable replacement for single-use plastic lids.
- Dry Molded Fiber Food Trays and Cutlery Fiber-based food trays and cutlery manufactured using PulPac Dry Molded Fiber technology as alternatives to single-use plastic foodservice ware, supplied to F&B franchises, catering companies, and airlines.
Quantifiable outcome
- Products meet both United States FDA and European Food contact requirements
- +1 more outcomes
Companies that use HZ Corporation
Customer profileNamed customers3 records
Segments4 records
Ideal customer profiles3 records
HZ Corporation technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
HZ Corporation partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered flagship, core and minor.
- Hotpack GlobalflagshipJoint venture forming HZP Eco Packaging combining Hotpack's global distribution network with HZ Corporation's manufacturing expertise in paper packaging and Dry Molded Fiber technology. Targets airlines, coffee brands, catering companies, food delivery platforms, and QSR chains across Australia, Middle East, New Zealand, North America, and Southeast Asia.
- PulPac AB, SwedencoreLicensing partnership for Dry Molded Fiber technology. HZ Green Pulp became PulPac's first licensee in Malaysia and one of the APAC market's largest molded paper pulp groups. The partnership enables production of Dry Molded Fiber products including lids for hot and cold drinks, food trays, and cutlery as alternatives to single-use plastics.
- AIMST University (Asian Institute of Medicine, Science and Technology)minorMOU signing ceremony for research and development collaboration to develop innovative and environmentally safe products. Ongoing R&D partnership for product innovation.
Scale indicators4 records
Recent moves9 records
Expansion highlights6 records
HZ Corporation competitors and assessment
Company assessmentMarket position
Competitive moat4 records
Key risks5 records
Key highlights6 records
Customer concentration
HZ Corporation social profiles
Digital presenceHZ Corporation compliance and trust
Trust signalCompliance10 records
HZ Corporation financial estimates
Financial estimateRevenue estimate
Valuation estimate
HZ Corporation leadership team
Management profileNumber of profiles
Profiles2 records
HZ Corporation subsidiaries and ownership
Company hierarchySubsidiaries2 records
HZ Corporation funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
HZ Corporation M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about HZ Corporation
What does HZ Corporation do?
HZ Corporation manufactures molded pulp packaging products made from 100% recycled paper, including cup carry trays, food and cup combo trays, fruit and mushroom punnets, and egg cartons. The company also produces Dry Molded Fiber products (coffee lids, food trays, cutlery) under PulPac technology licensing, serving F&B franchises, FMCG brands, airlines, supermarkets, and healthcare sectors globally.
Is HZ Corporation a public or private company?
HZ Corporation is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was HZ Corporation founded?
HZ Corporation was founded in 2016. It employs 51 to 100 people.
Where is HZ Corporation based?
HZ Corporation is headquartered in Parit Buntar, Malaysia, in the Asia region.
How does HZ Corporation make money?
Three revenue lines are on record. Molded Pulp Products Sales are the primary driver. The others are dry Molded Fiber Products and pulPac Technology Licensing.
Does HZ Corporation have an API?
No public API is recorded for HZ Corporation.
What industry is HZ Corporation in?
HZ Corporation's product category is Molded Pulp Packaging. Its primary akta.pro industry code is IMAMAKAJ, Molded Fiber & Pulp Packaging (Trays, Clamshells, Cups), with a secondary code of IMALACAF, Molded Fiber Packaging (Pulp Trays, Clamshells, Egg Cartons). Its NAICS code is 322219 and its SIC code is 2650.