TITAN Petrochemicals and Polymers Bhd, which has invested a total of RM5.5bil in its petrochemical facilities in Johor to date, plans to spend a further US$70mil (RM266mil) in the next two to three years to increase capacity and product range.
Titan managing director Donald M. Condon said the company, the country's biggest petrochemical and polymer producer, had drawn up operational plans to take advantage of the industry upturn, and to expand in the export markets, especially China.