TMK Chemical evaluating acquisition targets, proceeding with capacity expansion

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KUALA LUMPUR: TMK Chemical Bhd is doubling down on its core business with strategic acquisition plans and the construction of a new plant to meet grow...

Leong and TMK Chemical non-independent executive director and managing director Wong Kin Wah at the press conference following the company’s listing on Bursa Malaysia.

“We are not looking to diversify but rather to integrate further within our industry,” he said at a press conference following TMK’s listing on Bursa Malaysia’s Main Market today. “Once operational, the new plant will double the current production capacity to 352,254 tonnes of chlor-alkali derivatives, which has already reached the rate disclosed in the prospectus. The plant expansion reflects our commitment to meeting growing market demand and maintaining our competitive edge.”

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