Shanaya, Zym-Tec to Explore Green Construction in Asia
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Shanaya Limited's unit, Shanaya Environmental Services, signed a business collaboration deal with Hong Kong-based Zym-Tec Technologies to develop eco-friendly construction materials using enzyme technology, according to a Friday filing on the Singapore Exchange. The partnership aims to repurpose soil and construction waste into building materials across Singapore, Malaysia, Indonesia, India, Bangladesh, and Saudi Arabia. Shanaya will set up a pilot plant in Singapore, while Zym-Tec will provide technical support and training. The companies plan to establish a joint venture within a year, subject to feasibility studies and investor interest.
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