Thursday 15 December 2011

Scientex to invest RM50m in new plant

Scientex Bhd, an industrial packaging manufacturer and property developer, plans to invest between RM40 million and RM50 million to build a new manufacturing facility in Klang.

To be built opposite the existing plant, construction of the facility is expected to start by mid-2012.

"We are still in the planning stage. However, we plan to add another two productions line at the new plant," managing director Lim Peng Jin said after the company's annual general meeting today.

Scientex has at present, nine production lines at the Pulau Indah based facility with a production capacity of 120,000 metric tonnes annually.

"We expect our production capacity to increase by 30 per cent on top of the current 120,000 metric tonnes when the new plant starts operations, the latest by 2013," Lim said.

Scientex is one of the top five producers of stretch film globally. The company exports more than 78 per cent of its manufactured products to over 60 countries. -- Bernama



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