Arkema to invest RM350mil in Terengganu, Johor and Negri Sembilan, says PM
Among Arkema's investments, a project will involve the expansion of thiochemicals capacity (light and heavy mercaptans) in its plant in Kerteh, Terengganu.
For Arkema's plant in Pasir Gudang, Johor, Anwar said it will involve creating new lines for bio-based rheology additives and expansion of solution acrylic resins.
Anwar also said Arkema's investment in Seremban, Negri Sembilan, will transform its plant there into an Asia Pacific sealing and bonding hub, with a regional research and development and training centre under Bostik.
'The expansion will create approximately 70 high-skilled jobs, supporting local innovation, regional exports and downstream value chain development,' said Anwar after a meeting with Arkema's leadership.
Anwar said Arkema's projects reinforce Malaysia's position in the global advanced materials supply chain, adding that it aligns with the New Industrial Master Plan 2030 (NIMP 2030) and the National Energy Transition Roadmap (NETR).
'The company's diversification into bio-based products, green chemistry, and specialty additives supports Malaysia's ambitions in low-carbon manufacturing and sustainable industrialisation,' he said.
Anwar also said Malaysia welcomes Arkema's continued confidence in Malaysia as a regional manufacturing and innovation hub.
'We are committed to facilitating Arkema's ongoing expansion and growth here - Malaysia remains a committed partner for Arkema's long-term growth in Asia,' added Anwar.
Arkema operates in over 55 countries with 157 production plants and 21,150 employees worldwide.
In Malaysia, Arkema's presence spans three key locations - Kerteh (Terengganu), Pasir Gudang (Johor), and Seremban (Negeri Sembilan) - focusing on thiochemicals, coating resins, and adhesives respectively.
Anwar will conclude his trip to Paris on Friday July 4 and head to Rio de Janeiro, Brazil, to attend the 17th BRICS Summit from July 6 to 7 at the invitation of Brazilian President Luiz Inacio Lula da Silva.
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