CCMB investing RM90mil to boost capacity

Newly appointed group managing director Nik Fazila Nik Mohamed Shihabuddin said the capital expenditure following the demerger was reflective of the group

KUALA LUMPUR: Chemical Co of Malaysia Bhd (CCMB) is investing almost RM90mil to boost its capacity.

This is following the demerger of its listed pharmaceutical entity to fuel the growth of its chemicals and polymers businesses, both of which are enjoying pent-up demand.