Graphjet inks deal for RM400mil plant in Kuantan

Graphjet Technology founder and chairman Lim Hooi Beng said the new 20-acre integrated plant (upstream and downstream) is expected to be completed within 18 to 20 months after the company’s initial public offering.

PETALING JAYA: Nasdaq-bound Graphjet Technology Sdn Bhd has signed a letter of offer (LO) to build a RM400mil production facility in Phase 3 of the Malaysia-China Kuantan Industrial Park.

In a statement yesterday, the graphite and single-layer graphene producer said the production plant is expected to produce 10,000 tonnes of graphite and 60 tonnes of single-layer graphene annually.