SK Nexilis to build RM2.3bil copper foil facility in Kota Kinabalu 


KUALA LUMPUR: SK Nexilis, a South Korean copper foil producer for electric vehicle (EV), is investing RM2.3bil to start its first overseas plant in Kota Kinabalu, Sabah.

Construction work to build the 50,000 tonnes capacity copper foil manufacturing facility is expected to commence in the first half of this year, with commercial operation targeted in 2023.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Manufacturing , SK Nexilis , electric vehicle , EV

   

Next In Business News

Industrial projects look increasingly attractive
Dutch Lady’s balancing act amid escalating costs
Demand for co-working space remains resilient
Fed dampens hopes for rate cut
F&N to use cost management measures
Changing office space requirements
Naza makes entry into green economy
CapBay aims to provide financing to more SMEs
New initiative for infrastructure needs in Perak
Ocean Fresh seeks ACE Market listing

Others Also Read