tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Euglena Expands Stake in Malaysian Biorefinery Venture

Story Highlights
Euglena Expands Stake in Malaysian Biorefinery Venture

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

The latest announcement is out from euglena Co., Ltd. ( (JP:2931) ).

Euglena Co., Ltd. has completed the increase of its shareholding to 15% in a joint venture company in Malaysia, which focuses on constructing and operating a commercial-scale biorefinery. This strategic move enhances Euglena’s position in the renewable energy industry and strengthens its collaboration with major partners, PETRONAS and Enilive, potentially leading to increased operational capabilities and market influence.

More about euglena Co., Ltd.

Euglena Co., Ltd. operates in the biotechnology industry, focusing on the development and commercialization of biofuels and other sustainable products. The company collaborates with international partners to advance its market presence in the renewable energy sector.

Average Trading Volume: 572,463

Technical Sentiment Signal: Strong Sell

Current Market Cap: Yen56.13B

For detailed information about 2931 stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1