Advancing Compliance and Innovation in Waste Management Through Collaboration
KUALA LUMPUR, 20 JANUARY 2025 – Tex Cycle Technology (M) Berhad (“Tex Cycle” or the “Group”), an established waste management and recycling solutions provider, through its wholly-owned subsidiary Tex Cycle (P2) Sdn. Bhd. is pleased to announce a strategic collaboration with Xantara Sdn. Bhd. (“Xantara”), a prominent waste management and recycling company. This partnership aims to optimise scheduled waste management capabilities and expand business opportunities in compliance with Malaysia’s Environmental Quality (Scheduled Wastes) Regulations 2005.
Xantara, with its strong market reputation and diversified customer base, brings to the collaboration advanced facilities and technical expertise in waste treatment. Tex Cycle will complement this with its innovative solutions, technical knowledge, and established customer base. Together, both companies aim to optimise resources, enhance compliance, and provide value-driven services to clients across various industries.
The collaboration enables both companies to leverage each other’s established expertise and scheduled waste codes, enhancing their ability to manage a broader range of scheduled wastes effectively. With Xantara's extensive experience in spent catalyst recycling (SW202) and scientific waste treatment (SW204, SW206), and Tex Cycle’s proven leadership in scheduled waste recovery and recycling, the partnership is set to create synergies that drive operational excellence and sustainability.
Mr. Gary Dass A/L Anthony Francis, Group Chief Executive Officer of Tex Cycle said, "This partnership with Xantara marks a significant step forward in Tex Cycle’s mission to advance sustainable waste management practices in Malaysia. By combining our respective strengths, we are not only expanding our capabilities but also reinforcing our shared commitment to environmental stewardship. This collaboration underscores our belief in creating mutual value while addressing the critical need for sustainable and efficient waste management solutions."
John Skanthavel Han, Chief Executive Officer of Xantara commented, “This collaboration marks a significant step forward as we align with a partner who shares our vision for innovation and excellence. Together, we aim to create opportunities, exceed expectations, and deliver outstanding value to our customers. We look forward to the success we will achieve as we build a strong and enduring relationship.”
The collaboration agreement, effective immediately, solidifies a joint commitment to optimise business opportunities, foster innovation, and ensure mutual benefits. By pooling their resources and expertise, Tex Cycle and Xantara are well-positioned to meet the growing demand for sustainable waste management solutions and address the stringent regulatory landscape in Malaysia.
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