The company will allocate over RM3 million to add as well as upgrade more equipment, to achieve the 30 percent increase in output, he said.
"Beside producing medium density fibreboards (MDF), we want to produce more high density fibreboards through this investment," he told reporters after signing a memorandum of understanding (MoU) with the Forest Research Institute of Malaysia (FRIM), here today.
To date, Agro-Bio Fibre has invested more than RM30 million over 10 years to produce the MDF.
According to Tai, the company plans to export its fibreboards made entirely from depleted oil palm fruit bunches, to the United States, Taiwan, the Middle East and Japan in future.
Witnessing the signing ceremony today was the Minister of Natural Resources and Environment, Datuk Douglas Uggah Embas.
-- BERNAMA
