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Octagon, an investment holding company, engages in industrial coatings for, amongst others, consumer electrical and electronics products ("Coatings") and clean technology businesses ("CleanTech"). We have been listed on the Bursa Securities since 8 November 2000.

Octagon started off in Coatings business via its investments in Durachem group of companies. Backed with Durachem's sound technical know-how, expertise and more than 25 years of experience in Original Equipment Manufacturer ("OEM") Coatings business, Octagon has built a strong foundation in customer loyalty. Octagon is now the market leader in Malaysia for OEM coatings of consumer electrical and electronics products and has developed a reputation for providing excellence while going extra-miles in adopting environmentally friendly processes.

Our track records are recognised with the winning of The Malaysian Brand Excellent Award from The Malaysian Trade and Industry Organisation recently, and Excellent Company from 3rd Business of the Year Award in the year of 2008 and other recognitions such as Certificate of Green Partner by Sony Japan, ISO9001 (Quality Management Systems) and ISO 14001 (Environmental Management Systems Standard).

While we are excelling in Coatings, we see ailing environmental issues arising from overwhelming wastes in the landfill left to be treated, greenhouse gas emissions, and competition for crops to be consumed as food and as feedstock for fuel. We decided to diversify into green business and offer a solution which makes good environmental and business sense.

Dedicated to being environmentally-sensitive and product excellence, we are growing our second core business, the CleanTech business in waste management and renewable energy, which comes from three separate areas – waste tyre pyrolysis, waste to energy and biofuels. We have great pleasure in introducing our new brand for the CleanTech business – ORIZON.

Orizon gives us a choice to use CleanTech for the generation of greener and cleaner energy from renewable and alternative sources, which initially will be from wastes and crops. The CleanTech under Orizon offers an environmentally sound solution to the treatment of various types of waste including, amongst others, municipal solid wastes ("MSWs"), medical wastes and industrial hazardous wastes and an answer to the rising concern on mounting waste tyres. At Octagon, we pioneer CleanTech solutions that make good business and environmental sense.

Waste Tyre Pyrolysis

In the year of 2005, the Group ventured into the waste tyre pyrolysis business and has secured an exclusive worldwide rights, except for Korea, to use Continuous Process Pyrolysis Technology that convert waste tyres into fuel, non-condensable flammable gas which, with sufficient quantity, can be used to generate renewable energy and other marketable commodities, such as carbon black and steel wires.

Currently, the Group has completed a 120 tonnes per day continuous process waste tyre pyrolysis plant in Port Klang, Malaysia which allows 24/7, 365 days/year operations, disposing up to 120 tons of used tyres a day. It is currently undergoing commercial testing and once commercialised, will be one of the biggest continuous process waste tyre pyrolysis plant in the world.

The pyrolysis process also meets the required environmental compliance standards and does not produce any pollutants.

Waste To Energy

Waste to Energy is the process of creating energy in the form of electricity or heat from waste source. This process reduces or eliminates waste that otherwise would be compiled at greenhouse gas emitting landfills. Waste to Energy is a form of energy recovery.

Orizon's Waste to Energy system that employs Plasma Gasification Technology is one of the most efficient and effective way to completely destroy waste, without burning, by disassociating all components (organic and inorganic) into their elemental molecular compounds for later recovery and recycling, without leaving any chances for the formation of hazardous toxic gas.

Orizon's Waste to Energy system, of which patent application has been submitted, is capable of handling and processing different type of wastes including MSWs, medical wastes and industrial hazardous wastes.

Besides, with the reduction of emission of methane which would otherwise occur if the MSWs are disposed via conventional landfill or dumping and the avoidance of emission of carbon dioxide from power generation using fossil fuel, Orizon's Waste to Energy plants would qualify to be part of the Clean Development Mechanism programme under the Kyoto Protocol.

Biofuels

The Group, via its associated company, has an ecologically clean, multi-feedstock Biodiesel production facility in Senawang, Malaysia, with an installed capacity of 200,000 metric tonnes per annum to produce Palm Methyl Ester. The Biodiesel facility, which has been granted a Special Industry status, currently utilises Crude and Refined Palm Oil as source of feedstock for the Palm Methyl Ester production and with the long term plan of complementing the Crude and Refined Palm Oil with Castor as source of feedstock for Biodiesel production.

Its Biodiesel facility is in the midst of undergoing technology upgrade through application of Hydrodynamic Cavitation Technology ("Nano Technology") for its Biodiesel processing. The installation of the Nano Technology, which has smaller carbon footprint, will result in a more complete process reaction at a fraction of time required in conventional Biodiesel process and will produce better quality Biodiesel product.

The technology upgrade process is expected to be completed in the second half of 2009 with commercial production expected to commence in the 3rd quarter of 2009.

The List Does Not End Here…

Maneuvering ahead, Orizon stays committed for delivering excellence and staying focus in exploring for alternative technologies to broaden Orizon's view and expertise.