Mox: Myr 350M Investment In Gas Capacity

MOX, Malaysia's largest industrial gas company, a member of global gases & engineering firm Linde Group, has brought on stream 2 new plants with an investment of around MYR 100M. The first plant, in Shah Alam, was commissioned at the end of 2007 while the second in Penang was commissioned April 2008. The new plants have added 400/tpd capacity. In addition, as part of its aggressive growth & investment strategy, MOX will invest a further MYR 250M to expand production capacity over the next two years, according to newly appointed country head, Mr Wong Siew Yap. "This will be one of the largest investment tranche seen in the 48-year history of MOX. Included are investments that will meet the increased needs of long term electronics & glass customers in the east coast & the Klang Valley. The plants are scheduled to be completed by early 2009," Mr. Wong said. in a statement on 28 May 2008.

Author
Un-named
Origin
Unknown
Journal Title
Glassonline 4 June 2008
Sector
General
Class
G 3481

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Mox: Myr 350M Investment In Gas Capacity
Glassonline 4 June 2008
G 3481
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