French multinational Imerys to invest RM1.68bil, expected to create up to 120 jobs, says PM
According to the Prime Minister, this will be Imerys' second such plant globally after Belgium and it is expected to create 100 to 120 skilled jobs.
'It is under site consideration at the Pengerang Integrated Petroleum Complex (PPIC) Johor or the Gebeng Industrial Park in Pahang.
'It targets the Asia-Pacific Market, contributing to regional EV battery manufacturing and conductive polymer applications,' said Anwar in his speaking notes during a one-on-one meeting with Imerys in Paris, France on July 4 (Friday).
Anwar said Imerys' carbon black project aligns with Malaysia's goals under the National Energy Transition Roadmap (NETR) and the New Industrial Master Plan 2030 (NIMP 2030).
'It will boost Malaysia's positioning in the battery materials supply chain and support downstream localisation and innovation.
'This project also complements the broadened EV and renewable energy agenda, with strong potential for industrial linkage and technology transfer,' said Anwar.
Anwar said Malaysia welcomes Imerys confidence in Malaysia as a strategic destination in Asia, and the proposed carbon black project will significantly contribute to the development of Malaysia's battery and EV ecosystem.
'We are committed to supporting this investment through streamlined facilitation and industrial development enablers, aligned with our NIMP 2030 and NETR.
'The partnership with PETRONAS for feedstock, and consideration for strategic locations such as PIPC Johor and Gebeng, Pahang, reinforces our push towards value-added industrialisation,' said Anwar.
Imerys has operations in 33 countries and it supplies functional additives, mineral components and process enablers for industries including plastic, energy, construction and electronics.
In Malaysia, Imerys Minerals Malaysia Sdn Bhd operates a calcium carbonate mine in Ipoh, which is its largest Southeast Asian site.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
New Straits Times
19 minutes ago
- New Straits Times
Govt has no plans for single REE entity to regulate industry
KUALA LUMPUR: The government has no plans to establish a single entity akin to Petronas to regulate the rare earth elements (REE) industry for now, says Datuk Seri Johari Ghani. The acting natural resources and environmental sustainability minister said that during past discussions and stakeholder engagements, several states expressed objections to such a move. "They viewed the proposal as an attempt at the nationalisation of mineral resources that belong to the states. "As is well known, the management of petroleum resources beyond state waters is different from the management of land matters, which falls under state jurisdiction. "This is clearly stated in the Federal Constitution, Ninth Schedule, List II (State List), which provides that the states have jurisdiction over permits and licences for prospecting, mining leases, mining, and mining certificates," he said in his winding-up speech for the 13th Malaysia Plan. This comes after proposals by several members of parliament for the government to establish a regulatory agency, similar to Petronas, through the enactment of an REE Act to drive the development of the REE industry. Johari assured that the Federal Government fully respects state jurisdiction over land and mineral matters, as enshrined in the Federal Constitution. Accordingly, he said the government has formulated a clear long-term plan to develop the rare earth elements industry holistically, in line with the direction endorsed by the National Economic Action Council. "Any policies or mechanisms on REE revenue distribution will be formulated and decided inclusively through the National Mineral Council, which serves as the main platform for engagement and coordination between the federal and producing state governments. "This planning is based on the principle of close cooperation between the federal and state governments, to ensure that every initiative for the development of the REE industry takes into account state rights and jurisdiction as provided under the Constitution," he said. Malaysia, he said, is also still in discussions with China on technology transfer of REE to Malaysia. "We want to first see what they are doing. We will also conduct our own research, and only then sit down to decide what technologies we want to adopt. "We cannot depend solely on China, as Russia also has expertise, although they have not approached us. China, on the other hand, has offered, and they want to prove themselves to us. We will assess the outcomes and then discuss further," he said. When asked why the proof-of-concept phase in Kenering, Perak is taking up to five years, Johari clarified that big-scale mining usually takes more time to assess, especially on its impact towards the environment. He said he would visit the site soon to get updates from the scientists. He also clarified that Malaysia has never offered the export of raw REE as a concession or condition for tariff reduction in trade tariff negotiations with the United States. This also comes after several queries from MPs to the government about negotiations with the United States involving REE, given that the raw export ban is still in force. "NRES wishes to stress that, in trade tariff negotiations with the US government, Malaysia has never offered the export of raw REE as a concession or condition for tariff reduction.
The Sun
19 minutes ago
- The Sun
Unity Government council reviews mid-term progress and economic plans
KUALA LUMPUR: The Unity Government Leadership Consultative Council meeting chaired by Prime Minister Datuk Seri Anwar Ibrahim today reached several key decisions including a mid-term review of the government's achievements and efforts to strengthen the economy. Its secretariat chief Datuk Dr Asyraf Wajdi Dusuki said that it has been agreed that the mid-term review being conducted at the Cabinet level be presented to the consultative council to assess matters previously decided upon and to honour the differing perspectives of the parties within the Unity Government. He said the meeting has also decided to evaluate the Unity Government's achievements and carefully consider all feedback directed at the government while focusing on efforts to boost the economy and welfare programmes for the public. 'The establishment of a Technical Committee to study aspects of cooperation among the Unity Government parties in facing the Sabah State Election was also announced,' he said in the statement. He said the meeting also congratulated the country on its achievement and Anwar for brokering a truce between Thailand and Cambodia. Several key leaders of the Unity Government were also seen attending the meeting which was held at the Seri Perdana Complex in Putrajaya namely Barisan Nasional chairman Datuk Seri Dr Ahmad Zahid Hamidi Gabungan Parti Sarawak chief whip Datuk Seri Fadillah Yusof and DAP secretary-general Anthony Loke Siew Fook. Also present were Parti Amanah Negara president Datuk Seri Mohamad Sabu MIC deputy president Datuk Seri M. Saravanan and MADANI Government spokesperson Datuk Fahmi Fadzil. The meeting which began at 5 pm concluded at around 6.45 pm. – Bernama
Malay Mail
19 minutes ago
- Malay Mail
ISCA Launches $2 Million Career Support Programme to Help Jobseekers Pivot into Accountancy Profession
Professional Affiliation & Recognition – Eligible jobseekers will enjoy ISCA membership fee waivers, gain recognition through ISCA credentials, and access structured pathways to professional designations. – Eligible jobseekers will enjoy ISCA membership fee waivers, gain recognition through ISCA credentials, and access structured pathways to professional designations. Learning & Upskilling Support – Complimentary networking events, talks, and e-learning via ISCAccountify, alongside a "Skills First, Pay Later" scheme that lets participants train first and only pay when they secure employment. – Complimentary networking events, talks, and e-learning via ISCAccountify, alongside a "Skills First, Pay Later" scheme that lets participants train first and only pay when they secure employment. AI-enabled ISCA Talent Marketplace – As the programme's centrepiece, this platform connects jobseekers with employers, conducts personalised skills-gap analyses, and provides tailored recommendations for next career steps. Since its soft launch in July, the platform has featured over 100 job postings by 28 employers, and over 150 job profiles created by jobseekers. The roles range from sustainability, AI consultancy to business finance and traditional accountancy roles. SINGAPORE - Media OutReach Newswire - 19 August 2025 - With the demand for accountancy and finance professionals growing amid Singapore's transition to a digital and sustainable economy, the Institute of Singapore Chartered Accountants (ISCA) today launched a $2 million Career Support Programme to help jobseekers and mid-career individuals pivot confidently into the accountancy by Ms Indranee Rajah, Minister in the Prime Minister's Office, Second Minister for Finance and National Development at ISCA's Annual Dinner, the initiative is designed to provide both practical career support and financial relief at a time when many Singaporeans are seeking to reskill and future-proof their in partnership with the Employment and Employability Institute (e2i) and Workforce Singapore (WSG), the Career Support Programme includes:Accountancy careers continue to experience sustained demand and the diversity of roles across industries offer opportunities for professionals who are open to upskill and expand their skillsets or even do a career switch. Professionals from general administration, customer care, engineering and equity investment who have leveraged WSG's Career Conversion Programmes have successfully pivoted to assurance and financial accounting Dilys Boey, Chief Executive, WSG, said: "The ISCA Career Support Programme offers a robust platform that guides individuals into accountancy careers. The synergy between WSG's career advisory services and ISCA's AI-enabled Talent Marketplace as well as industry expertise creates more opportunities for Singaporeans to join the sector at any career stage. This partnership not only enhances employment outcomes but also makes accountancy a more accessible career choice for all. Together with ISCA, we're committed to helping Singaporeans discover and pursue meaningful careers whilst enabling companies to fulfil their talent requirements."The Career Support Programme will also prepare professionals for the impact of AI on jobs. According to the World Economic Forum's, global macro trends will create about 170 million new jobs this decade while displacing 92 million roles. Technological skills, especially AI and big data, are projected to grow in importance more rapidly than any other skills in the next five years. In anticipation of these shifts, ISCA had committed $2 million to spearhead its AI for Accountancy Industry (AI for AI) initiative through a multi-pronged approach. Through research, education, and adoption, the initiative will support firms and accountants in effectively harnessing AI across audit, non-audit, and commercial President Mr Teo Ser Luck said: "AI will fundamentally reshape the accountancy sector and fuel demand for accountants with new skills to thrive in the digital economy. The ISCA Career Support Programme reflects our strong commitment to the profession and its people. By providing resources, financial relief, and practical tools such as the AI-enabled ISCA Talent Marketplace, we aim to support individuals — whether they are new entrants to the profession or experienced accountants displaced by change — through skill-gap training and career opportunities. Our goal is to help them find their footing, stay relevant, and move forward with clarity and purpose."Hashtag: #CareerSupportProgramme #CSP #Jobs #AI #Accountancy The issuer is solely responsible for the content of this announcement. Institute of Singapore Chartered Accountants (ISCA) The Institute of Singapore Chartered Accountants (ISCA) is the national accountancy body of Singapore with over 40,000 ISCA members making their stride in businesses across industries in Singapore and around the world. ISCA members can be found in over 40 countries and members based out of Singapore are supported through 12 overseas chapters in 10 countries. Established in 1963, ISCA is an advocate of the interests of the profession. Complementing its global mindset with Asian insights, ISCA leverages its regional expertise, knowledge, and networks with diverse stakeholders to contribute towards the advancement of the accountancy administers the Singapore Chartered Accountant Qualification programme and is the Designated Entity to confer the Chartered Accountant of Singapore – CA (Singapore) – is a member of Chartered Accountants Worldwide, a global family that brings together the members of leading institutes to create a community of over 1.8 million Chartered Accountants and students in more than 190 more information, visit
