Capacity expansion to boost Ancom Nylex growth

PETALING JAYA: Ancom Nylex Bhd’s growth over the financial years of 2024-25 (FY24-FY25) will be spurred by capacity expansion and new products at its agrichemical segment.

Kenanga Research noted that the group had a “stellar year” in FY23 with robust demand for agri-chemical products such as those replacing paraquat in Thailand, Brazil and Malaysia.