Key growth drivers for Ire-Tex this year


GEORGE TOWN: Ire-Tex Corp Bhd’s new RM30mil plant in Kulim, scheduled to start operations in the middle of next month, will focus on the production of packaging materials for solar panel, aerospace and medical industries, which will be the key drivers of the group’s growth this year.

Group managing director Datuk Donald Yap told StarBiz that the group would be producing this year some 1,800 tonnes of solar and aerospace packaging materials worth about RM6.5mil per month to fulfill the large orders secured since late last year.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Business , Ire-Tex Corp , solar panel

Next In Business News

Australian dollar scales 15-month high on strong jobs data
Gold dips, stocks lift as Trump walks back Greenland threats
Ringgit opens firmer on OPR hold expectations
Bursa Malaysia tracks global rebound as Trump walks back tariffs threat
Trading ideas: Sunway, IJM, Binastra, Capital A, Elridge, Oxford Innotech, Steel Hawk, Carimin, SMRT, Reneuco, Suria, KIP REIT, Pantech
Wall Street jumps on Greenland framework deal
Wasco to gain from transition to renewables
CPO prices to stay range-bound in February
Maybank’s sustained returns growth ambition
Steel Hawk unit secures Sabah contract

Others Also Read