What Nextgreen Global does

Nextgreen Global Berhad is a Malaysia-based, Bursa Malaysia-listed (KLSE: NGGB) investment holding company that converts oil palm empty fruit bunches (EFB) into a diversified portfolio of green products through its flagship Green Technology Park (GTP) in Pekan, Pahang. Originally founded in 1974 as a printing and publishing business, the company has pivoted around patented PRC-RBMP (Preconditioning Refiner Chemical-Recycle Bleached Mechanised Pulp) technology that enables tree-free woodfree paper pulp production from palm oil biomass waste. Its product portfolio spans NeuWhite EFB woodfree paper, pulp rolls, tissue paper, PurePalm Mold biodegradable food packaging (via NGCP joint venture), NexBooster and NexCompost biofertilizers, animal feed, renewable bioenergy, and premium greenhouse melons — all produced under an integrated zero-waste circular economy model.

The company operates through wholly-owned subsidiaries (Nextgreen Pulp & Paper, BHS Book Printing, Nextgreen Fertilizer, Nextgreen Biomass, Ultimate Ivory) and joint ventures (NGCP with Crown Package, GTC Biomass Berhad), serving enterprise customers including palm oil plantations, agricultural cooperatives (NAFAS), packaging companies, state governments (Kelantan, Pahang, Sabah), and academic partners. Revenue is generated through direct enterprise sales, exhibition channels (IGEM, MAHA), and distribution partnerships, with biofertilizers commercialized via NAFAS BAJAKIMIA and food packaging through Crown Package. The Phase 1A woodfree paper facility operates at 10,000MT capacity, with Phase 1B (tissue paper, animal feed, fertilizer buildings) under development; an RM180 million AmBank Islamic facility (March 2025) and a RM2.23 billion Kelantan state MoU anchor near-term expansion. With 212 employees across the group, sustainability credentials including MSPO, RSPO, ISO 9001/14001, SIRIM ECO 009, and UNGC signatory status are central to its positioning as a circular-economy platform for Malaysia's palm oil industry.

Name

Nextgreen Global

Legal name

Nextgreen Global Berhad

Website

https://nextgreenglobal.com

Company type

Public

Founded year

1974

Operating status

Operating

Headcount range

101–250 employees

Short description

Nextgreen Global Berhad is a Malaysia-listed holding company that converts oil palm empty fruit bunch waste into woodfree paper, biofertilizers, animal feed, biodegradable food packaging, and bioenergy through its Green Technology Park in Pahang. It serves enterprises, state governments, and agricultural cooperatives via patented PRC-RBMP biomass conversion technology.

Ownership category

akta.pro rank

Product category

Sustainable Pulp and Paper Manufacturing

NAICS

Cyclic Crude, Intermediate, and Gum and Wood Chemical Manufacturing (325194), Fertilizer and Compost Manufacturing (32531), Compost Manufacturing (325315)

SIC

Industrial Organic Chemicals (2860), Cogeneration Services & Small Power Producers (4991)

akta.pro primary industry

Bio-based Platform & Commodity Chemicals (e.g., bio-ethylene, bio-propylene, bio-BTX, bio-methanol) (EUAAAIAA)

akta.pro secondary industries

Biofuels & Renewable Fuels Switching (Biomethane/RNG, Bio-oils, Sustainable Biomass) (EUABAJAD), Compostable & Bio-based Rigid Packaging (injection/blow/thermoform) (IMANANAD), On-Farm Circularity & Waste Valorization (Residue Management, Biochar, Manure/Organic Waste Use) (AFAGAMAI), Biofuel Co-products & Byproduct Processing (DDGS, Glycerin, CO2, Lignin) (EUAAAHAJ), Hydroponic & Soilless Greenhouse Production (NFT, DWC, Substrate Grow Bags) (AFAGAHAI), Agroforestry & Perennial Cropping Systems (EUABABAD)

Keywords

• Biomass conversion technology
• Pulp paper manufacturing
• Biofertilizer production
• Circular economy solutions
• Biodegradable food packaging

Headquarters

HQ city

Kuala Lumpur

HQ country

Malaysia

HQ region

Asia

Offices3 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales

Revenue model

1. Pulp & Paper Manufacturing: Production and sale of woodfree paper and tissue paper products made from oil palm empty fruit bunches (EFB). Products include NeuWhite EFB Woodfree Paper, pulp rolls, and paper bags.
2. Pulp Moulded Food Packaging: Production of biodegradable moulded food packaging (PurePalm Mold) through joint venture with Crown Package Co., Ltd. Food-grade pulp moulding produced in clean room facility for food packaging applications.
3. Printing & Publishing: BHS Book Printing, a wholly owned subsidiary, specializes in book printing and publishing services.
4. Biofertilizers: Production and sale of organic biofertilizers (NexBooster and NexCompost) derived from pulp manufacturing by-products. Products commercialized through partnerships with NAFAS BAJAKIMIA Sdn. Bhd.
5. Animal Feed: Production of animal feed as part of the zero-waste concept at Green Technology Park, converting biomass by-products into livestock feed.
6. Bioenergy: Biomass power generation supplying 172,477.52 GJ of energy in 2025. The company also utilizes approximately 3,984.19 GJ of solar energy annually.
7. Agricultural Products: Greenhouse farming at GTP producing Japanese melons and Apollo melons using biofertilizers, generating additional revenue streams.

Go-to-market motion3 records

Distribution channels7 records

Marketing channels14 records

Core offering

Nextgreen Global Berhad converts oil palm empty fruit bunches (EFB) biomass into a range of sustainable products through its flagship Green Technology Park (GTP) in Pekan, Pahang. Its core outputs include tree-free woodfree paper and pulp, biodegradable food-grade pulp moulded packaging, organic biofertilizers (NexBooster and NexCompost), animal feed, and renewable bioenergy, all produced under a zero-waste circular economy model using its patented PRC-RBMP technology.

Product overview

Nextgreen Global Berhad operates as a diversified Malaysia-based investment holding company in the green economy sector. The company's flagship offering is the Green Technology Park (GTP), a pioneering industrial park model implementing circular economy and zero-waste principles. GTP transforms abundant oil palm biomass into multiple value-added products including: NeuWhite® EFB Woodfree Paper, pulp moulded food packaging (NGCP/PurePalm Mold), tissue paper, biofertilizers (NexBooster™ and NexCompost®), animal feed, and bioenergy. The company also operates BHS Book Printing as a subsidiary in the printing and publishing segment. All products share a common sustainability focus, utilizing oil palm empty fruit bunches (EFB) as the primary raw material to eliminate dependence on wood pulp and reduce environmental footprint.

Differentiator

Problem solved

Functional benefit

Brands

• NeuWhite EFB Woodfree Paper: EFB Woodfree Paper showcased at French Culture and Book Fair Malaysia
• NexBooster
• NexCompost
• PurePalm Mold
• Green Technology Park (GTP)

Products and services

• Green Technology Park (GTP) Flagship integrated industrial park model in Pekan, Pahang, Malaysia implementing circular economy and zero-waste principles to transform oil palm biomass into sustainable products including pulp, paper, fertilizers, animal feed, and bioenergy.
• NeuWhite EFB Woodfree Paper Sustainable printing and writing paper manufactured from oil palm empty fruit bunches (EFB), eliminating the need for wood pulp and reducing environmental impact.
• Tissue Paper Sustainable tissue paper products crafted from oil palm empty fruit bunches (EFB), launched at IGEM 2023.
• NexBooster Biofertilizer Organic biofertilizer formulated from recovered pulp solution residue, produced through environmentally friendly fermentation processes using in-house effective microorganisms.
• NexCompost Biofertilizer Organic biofertilizer created from degraded empty fruit bunches (EFB) through composting processes, designed to enhance plant growth and soil fertility while reducing reliance on chemical fertilizers.
• PurePalm Mold Food Packaging Food-grade pulp moulding product produced in clean room facility from oil palm EFB non-wood pulp, designed to meet highest standards of quality and environmental responsibility. Sold through Nextgreen Crowning Package Pulp Molding (NGCP) joint venture.
• BHS Book Printing Services Wholly owned subsidiary BHS Book Printing specializing in book printing and publishing services for publishing companies.
• Bioenergy Renewable bioenergy produced from oil palm biomass through biomass gasification and power generation, contributing to sustainable energy solutions.
• Animal Feed Animal feed products manufactured from oil palm biomass by-products as part of the zero-waste circular economy approach at Green Technology Park.
• R&D Publications and Research Reports Annual research and development reports covering topics including responsible sourcing, carbon performance, agricultural applications, and sustainable packaging materials from oil palm biomass.

Quantifiable outcome

• 89% of waste diverted from disposal in 2025
• +3 more outcomes

Named customers5 records

Segments6 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

27 partnerships are on record, tiered major, core and minor.

• PETRONAS CCS Solutions Sdn. Bhd.majorStrategic or Co-development Partner · 24 April 2026Memorandum of Understanding signed for potential collaboration in carbon capture and storage solutions related to green technology initiatives at Green Technology Park.
• AgrosmartmajorStrategic or Co-development Partner · 17 March 2026Strategic joint venture between Nextgreen's subsidiary Koyan Agriculture and Agrosmart for agricultural technology development and smart farming solutions.
• NAFAS BAJAKIMIA Sdn. Bhd.majorChannel Partner/ Reseller/ Distributor · 29 October 2024Partnership for commercialization of NexBooster biofertilizer. Joint agricultural educational talks and product promotion to farmers through NAFAS network.
• Universiti Teknologi Petronas (UTP)coreTechnology or Integration · 7 June 2024MoU for collaboration in research, development, and sustainability initiatives. Researchers visited GTP to explore cellulose processing and sustainable manufacturing technologies.
• Sawit Palm Oil Industrial Cluster Sdn Bhd (SPOIC)majorStrategic or Co-development Partner · 6 June 2024MoU signed for establishment of Green Technology Park in Sandakan, Sabah on 400-acre land owned by SPOIC. Project includes collection and processing center development.
• Taylor's UniversitycoreTechnology or Integration · 13 May 2024MoU for collaboration in circular economy education. Managing Director delivered guest lecture to engineering students on oil palm biomass innovation.
• The Institution of Engineers, Malaysia (IEM)minorStrategic or Co-development Partner · 22 April 2024R&D representatives served as jury for Defense, Security, and Sustainability Exhibition 2024. Factory visit hosted for IEM members.
• IOI Paper PulpmajorStrategic or Co-development Partner · 10 April 2024MoU and shareholders agreement signed for joint venture in pulp business operations.
• Xiamen C&DmajorChannel Partner/ Reseller/ Distributor · 10 April 2024MoU signed for potential distribution and market development of pulp and paper products in international markets.
• Bioeconomy CorporationmajorStrategic or Co-development Partner · 17 November 2023MOA signed to revolutionize biomass production through advanced biotechnology applications, aligning with National Biotechnology Policy 2.0 Flagship Programme and National Biomass Action Plan 2022-2025.
• Crown Package Co., Ltd.majorStrategic or Co-development Partner · 6 October 2023Joint venture (Nextgreen Crowning Package Pulp Molding Sdn Bhd - NGCP) for production and distribution of PurePalm Mold sustainable food packaging. Booth presence at Tokyo Pack 2024.
• National Farmers Organization (NAFAS)majorChannel Partner/ Reseller/ Distributor · 9 June 2023MoU signed during Phase 1B groundbreaking to align agriculture with national green technology agenda and promote competitive national food supply.
• GTC Biomass BerhadmajorStrategic or Co-development Partner · 3 April 2023Joint venture SPV with GTMA, KOOP SAHABAT, and KOSETIA to construct 20 Oil Palm Waste Collection and Processing Centres throughout Malaysia.
• Greentech Malaysia Alliances Sdn Bhd (GTMA)majorStrategic or Co-development Partner · 3 April 2023Shareholders agreement partner for GTC Biomass Berhad joint venture for oil palm waste collection centers.
• Koperasi Sahabat Amanah Ikhtiar Malaysia Berhad (KOOP SAHABAT)majorStrategic or Co-development Partner · 3 April 2023Shareholders agreement partner for GTC Biomass Berhad joint venture and collaboration on MyAngkasaku application for school supplies.
• Koperasi Perkhidmatan Setia Berhad (KOSETIA)minorStrategic or Co-development Partner · 3 April 2023Shareholders agreement partner for GTC Biomass Berhad. Development of MyAngkasaku application for ANGKASA members.
• Forestry Research Institute of Malaysia (FRIM)coreTechnology or Integration · 17 November 2022Development of Product Certification Module for Eco-Friendly Printing Paper from PRC-RBMP Empty Fruit Bunches aligned with ISO 14024:2018 Type I Environmental Labeling. Collaboration on eco-labeling requirements.
• Universiti Putra Malaysia (UPM)coreTechnology or Integration · 25 July 2022NGPP-MOSTI-UPM collaboration on Sustainable Food Packaging Material from Oil Palm EFB. Transfer of Technology Workshop on nanocellulose production. Managing Director serves as CEO@Biotech at FBSB.
• Universiti Teknologi Mara (UiTM)coreTechnology or Integration · 21 March 2022MoA for green technology collaboration on pulp and paper making from Empty Fruit Bunch (EFB) and kenaf. Transfer of Technology Workshops and research on ISO 00187 certification.
• Kelantan State GovernmentmajorStrategic or Co-development Partner · 22 January 2022MoU for sustainable projects worth RM2.23 billion including palm oil collection center, forest plantation, pulp mill, animal feed mill, and fertilizer plant. Ground-breaking ceremony at Gua Musang.
• Malaysian Green Technology and Climate Change Corporation (MGTC)coreStrategic or Co-development Partner · 17 January 2022MoU for establishment of 20 collection centers for oil palm waste. Supported by Ministry of Environment and Water (KASA) as catalyst.
• United Nations Global Compact (UNGC)coreOthers · 1 May 2021Signatory since May 2021. Committed to 10 universally accepted principles in human rights, labour, environment and anti-corruption. Joined UNGC's Early Adopters Program in 2022 for enhanced Communication on Progress disclosure.
• UN Global Compact Network Malaysia & Brunei (UNGCMYB)coreOthers · 15 March 2021Official local network of UNGC. Nextgreen among 49 companies to provide input on Malaysia's SDG progress in 2021. Recognized at UNGCMYB Sustainability Performance Awards.
• Roundtable on Sustainable Palm Oil (RSPO)coreOthersAffiliate member committed to ensuring raw materials from sustainable sources. Submitting progress via RSPO's Annual Communication of Progress (ACOP).
• Malaysian Sustainable Palm Oil (MSPO) Certification BodycoreOthersPartnership with MSPO certification body to strengthen credibility of MSPO Chain of Custody for Oil Palm Biomass (MS 2751:2022).
• Universiti Malaysia Pahang (UMP)coreTechnology or IntegrationMultiple tree-planting programs (4 events, 1,000+ trees). Industrial talks and R&D collaboration on biomass applications. Managing Director serves as industry advisor.
• SIRIM BerhadcoreTechnology or IntegrationCarbon footprint monitoring independently verified by SIRIM Berhad. SIRIM ECO 009:2019 certification audit. Packaging and Security Design Centre visit for sustainable materials exchange.

Scale indicators14 records

Recent moves10 records

Expansion highlights5 records

Direct peers

• Mondi Group: UK-listed sustainable paper and packaging group with a strong circular-economy positioning. Directly comparable to Nextgreen in producing woodfree, fiber-based paper and biodegradable molded packaging from sustainably sourced fiber.
• Enviva Inc. US-listed producer of compressed wood pellets for renewable energy generation from biomass residues. Comparable to Nextgreen's bioenergy and solid-biomass value stream — both monetize lignocellulosic waste into industrial energy products.

Regional players

• IOI Corporation Berhad: Malaysian plantation and downstream palm oil major that is also Nextgreen's JV partner in the pulp business. Comparable as a vertically integrated Malaysian player with both upstream palm oil exposure and downstream bio-based product ambitions, providing a natural regional reference for Nextgreen's EFB-to-pulp thesis.
• Sime Darby Plantation Berhad: Largest Malaysian palm oil planter with downstream processing. Comparable as a regional incumbent controlling EFB feedstock supply, and a potential competitor or supplier to Nextgreen's biorefinery operations.
• FGV Holdings Berhad: Malaysian palm oil and downstream player, including oleochemicals. Comparable as a regional supplier of EFB feedstock and as a peer developing downstream bio-based derivatives from palm oil biomass.

Emerging players

• Verbio Vereinigte BioEnergie AG: German biorefinery producing biodiesel, bioethanol, and biomethane from agricultural residues. Comparable to Nextgreen's biorefinery concept of converting agricultural/agro-industrial waste into multiple co-products, though Verbio's outputs are energy-focused rather than fiber.

Broad incumbents

• Suzano S.A. Brazilian global leader in eucalyptus pulp with growing biomaterials and packaging business. Comparable to Nextgreen in being a large-scale, sustainability-positioned pulp producer, and a likely long-term reference point as Nextgreen scales its tree-free pulp capacity.
• Stora Enso: Swedish-Finnish renewable materials company producing pulp, packaging, biomaterials, and bioenergy from wood biomass. Closely comparable in business model — integrated biorefinery converting lignocellulosic feedstock into paper, packaging, and energy co-products.
• APRIL Group (RGE): Singapore/Indonesia-based sustainable pulp and paper producer (RGE group) with significant renewable energy integration. Comparable to Nextgreen in combining large-scale pulp production with sustainability commitments and integrated biomass-to-energy operations.
• UPM-Kymmene: Global Finnish biorefinery major producing biofuels, biochemicals, pulp, and paper from biomass. Comparable to Nextgreen as a multi-product biomass-to-materials platform, though at vastly larger scale and with a broader product set.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/@nextgreenglobalberhad?si=OpoXoEQYeuWRN_Bn
• LinkedInlinkedin.com/company/nextgreen-pulp-paper
• Instagraminstagram.com/nextgreenglobalberhad

Compliance7 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Subsidiaries7 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Nextgreen Global