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Metech International Limited ( (SG:V3M) ) has provided an announcement.
Metech International Limited has entered into a non-binding memorandum of understanding with MLF Ingredients Sdn. Bhd. to jointly develop, pilot, and commercialize a food waste compression system. This collaboration aims to produce premium protein powder and black soldier fly biomass, leveraging Metech’s technology and MLF’s operational expertise to promote efficient food waste reuse and support circular economy development. The initial pilot phase will last six months, focusing on product testing and market entry in South Korea, with potential for full commercialization.
More about Metech International Limited
Average Trading Volume: 27,369
Technical Sentiment Signal: Sell
Current Market Cap: S$6.19M
Learn more about V3M stock on TipRanks’ Stock Analysis page.