Midwest Composites Wins Grand Prize at MakiChalle 2024 in Japan

Kuala Lumpur, November 19, 2024 – Malaysia’s Midwest Composites clinched the Grand Prize at Japan’s prestigious MakiChalle 2024, earning ¥1 million (MYR28K). The company, known for its sustainable composite materials, showcased its innovative BioComposite technology and plans to collaborate with Makinohara City’s green tea farmers and automotive manufacturers.

Midwest Composites

CEO Sethu Raaj, Midwest Composites

This victory opens doors for Midwest Composites to expand into Japan’s market, aligning with the country’s sustainability goals. CEO Sethu Raaj emphasized the company’s commitment to driving green innovation and fostering partnerships. The award reinforces Midwest’s role as a leader in eco-friendly materials and global sustainability efforts.

Yoshito Denawa, CEO of CF Startup Partners, praised Midwest Composites’ advanced technology using wasted crops and collaboration plans with Makinohara’s green tea farmers and automakers. Among 149 startups (40 international), the contest emphasized collaboration with local industries, offering prize money and a pathway for overseas winners to enter Japan’s market.

Read more Business News

Table of Contents

Latest News Malaysia

Read More News on Business News Malaysia

Read More News #latestmalaysia

BIZ NEWS CODE Business News Malaysia

Read More News on Business News Malaysia

Staff Writer

Recent Posts

Global Food Industry Converges at the 2nd Food Show South Africa Expo 2026 in Johannesburg

The opening ceremony witnessed the presence of senior representatives from diplomatic missions, government agencies, trade…

4 minutes ago

Malaysian Businesses Stay Prepared Amid Renewed US-Iran Tensions

Malaysian businesses prepare for US-Iran tensions by strengthening risk strategies to ensure stability amid potential…

1 hour ago

US Rolls Out New Forced Labor Tariffs on 60 Trading Partners Under Section 301

The US will impose 10% to 12.5% tariffs on 60 trading partners over forced labor…

5 hours ago

KIP REIT Delivers Record FY26, Eyes Growth with Setapak Central

KIPREIT posts record FY26, strong outlook with Setapak Central acquisition, AEIs, and rental reversions supporting…

6 hours ago

KLCI likely to trade cautiously lower today: Analysts

Analysts expect cautious trading in KLCI today due to Wall Street declines, new tariffs, and…

6 hours ago

Oil Market Faces New Phase of Recovery Risks

Rystad warns oil prices hinge on resilience of flows, with escalation risks tightening markets and…

8 hours ago

This website uses cookies.