Thong Guan to spend up to RM40mil on expansion

Temporary anti-dumping measures on ethanolamine products produced in the Malaysia, Saudi Arabia, Thailand and the United States is also being introduced.

GEORGE TOWN: Thong Guan Industries Bhd is spending between RM30mil and RM40mil this year to expand its stretch film, PVC food wrap and other businesses.

Group managing director Datuk Ang Poon Chuan told StarBiz the expansion would raise the production capacity of the stretch film division to 85,000 tonnes by the end of 2019 from 75,000 in 2017.

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