FMM: Biodegradable packaging solutions for cosmetics & toiletries industries
The concept of going green is about making processes and technologies environmentally friendly, improving and utilising them in such a way so that they do not adversely affect the environment and conserves natural resources.
FMM believes that the world can be a better place if each and everyone contributes a little to protecting the environment from pollution. Hence, FMM is taking the first and utmost important step to enhance the future of mankind.
About the challenge
FMM is providing the market access opportunity to all innovative individuals/companies that can come up with solutions on biodegradable packaging materials which are:
- affordably priced
- using environmentally friendly materials
- stand a chance to pitch to over 41 FMM members in the Cosmetics and Toiletries Industry Group
- Opportunity for a paid Pilot Project or POC
- Access to an industry which is expected to grow at a compound annual growth rate (CAGR) of 4.2% from RM6.4bn (US$1.6bn) in 2018 to RM7.9bn (US$2.1bn) by 2023
Criteria / Eligibility
Existing prototype/Commercialised product
- Date Start: 25-10-2019
- Date End: 22-03-2020
About Federation of Malaysian Manufacturers
The Federation of Malaysian Manufacturers (FMM) represents over 10,000 member companies (3,000 direct and 7,000 indirect) from the manufacturing supply chain. FMM is actively engaged with government and its key agencies; and well-linked with international organisations, Malaysian businesses and civil society. Apart from benefiting from the FMM’s advocacy, members enjoy value-add services, including training, business networking, trade opportunities & regular information updates.