Tex Cycle Announces License Manufacture and Distribution Agreement of BiobiN® System

Strengthening Waste Management Solutions through Strategic Partnership and Innovation

SELANGOR, 27 AUGUST 2024 – Tex Cycle Technology (M) Berhad (“Tex Cycle” or the “Group”), an established waste management and recycling solutions provider, is pleased to announce a newly signed License Manufacture and Distribution Agreement between Ground Control Sdn. Bhd. (“Ground Control”), a subsidiary of the Group, BiobiN Technologies Pty Ltd and Peats Group Limited (“Peats Group”). This partnership is set to enhance Tex Cycle’s capabilities in innovative waste management technologies by incorporating BiobiN® systems—a technology pioneered by BiobiN Technologies Pty Ltd and Peats Group.

Peats Group is a company renowned for its dedication to the recycling and marketing of organic resources. Celebrating over 50 years in business, Peats Group is a leader in organics recycling, creating valuable landscaping, garden, and horticultural products. They specialise in transforming green organics from various sources into premium compost, soil, and mulch products, utilising innovative technologies like the BiobiN® for on-site waste processing.

BiobiN® is an innovative solution designed for the efficient management of organic and wet waste materials. This mobile system initiates the composting process directly on-site, effectively managing and reducing odors from decomposable waste.

With its versatile application, BiobiN® is suitable for environments ranging from food services to meat processing facilities, enhancing sustainability by minimising landfill impact, cutting waste collection costs, and reducing greenhouse gas emissions. Its design aligns with global environmental standards, making it an integral tool in waste management strategies.

Under this agreement, Ground Control is granted the rights to manufacture and distribute BiobiN® systems within Malaysia, targeting improvements in waste conditioning in a closed environment. This initiative is expected to significantly impact sustainable waste management practices, offering efficient solutions that align with global environmental standards.

Mr. Gary Dass A/L Anthony Francis, Group Chief Executive Officer of Tex Cycle said, “This collaboration, utilising the groundbreaking BiobiN® technology, not only advances our environmental efforts but significantly boosts Tex Cycle’s capabilities in innovative waste management solutions, enabling us to achieve greater efficiency and sustainability in our operations. The introduction of the BiobiN® technology is expected to expand our customer base as it meets the growing demand among corporate and business owners for sustainable disposal solutions. We are immensely grateful for the exceptional support from local authorities and regulatory bodies, who have played a crucial role in facilitating this initiative. Their involvement has been pivotal, effectively making them integral members of our project team.”

“There is no conceivable route to achieving zero waste to landfill and creating true circularity without effectively managing organic waste in bulk,” said Harbir Gill from Managing Director of Ground Control. “Our collaboration with BiobiN® enables us to capture this valuable resource, divert it from landfills, and integrate it into our composting systems, adding immense value to our, and our clients sustainability efforts.”

Danny Mitroussidis, Manager of International Development of BiobiN Technologies added, "BiobiN Technologies Australia and Peats Group are excited about formalising our business relationship with Ground Control and Tex Cycle.  All collaborative efforts in dealing with all types of organic waste materials, will accelerate the continuous improvement and performance capabilities – and diverting organic waste from landfills – and making high quality compost, mulches and soil enhancers.  The products to made in Malaysia will provide organics used for agriculture, farms, food security programs, municipal projects, landscaping, greening and beautification projects and other.  Tex Cycle has a strong tradition in offering innovative solutions and partnering with BiobiN® strengthens it. We believe that “What we take from the earth, should go back to the earth! Never need to landfill again.” Our Australian based company is looking forward to expanding our international connections and export markets and Malaysia is integral to this. We are extremely grateful to the leadership and everyone involved at Ground Control and Tex Cycle.  Looking forward to a long and healthy relationship together and providing an environmental and social legacy for Malaysia and the region.”           

This agreement marks the beginning of a promising enhancement to the Group’s environmental management offerings, further solidifying its commitment to sustainability and technological advancement in waste management.