Fitters plans four plants to produce pipes, two locally and one each in Thailand, Indonesia

Sealing the partnership (sitting from left): Molecor (SEA) Sdn Bhd CEO Nomis Sim, Molecor Tecnologia SL CEO Ignacio Muñoz de Juan, Wong and AVK Valves Manufacturing Malaysia Sdn Bhd MD Poul Erik Jensen. Standing are (from left) Fitters Diversified Bhd chairman Mohammad Nizar Idris, Molecor (SEA) Sdn Bhd chairman Datuk Low Keng Kok, Spanish ambassador Maria Bassols Delgado; Datuk Seri Dr Maximus Ongkili and Energy, Green Technology and Water Ministry secretary-general Datuk Loo Took Gee.

KUALA LUMPUR: In its effort to diversify its income streams, Fitters Diversified Bhd intends to set up two local pipe manufacturing plants, with future plans for another two in Thailand and Indonesia to supply a superior type of pipes to the region.

The group’s strategy is to first invest RM80mil in capex to build a “orientated PVC” (PVC-O) pipe manufacturing plant in Gebeng, Kuantan with a capacity of 11,000 tonnes per year or an estimated pipe length of 3,700km.