PENFIBRE Sdn Bhd has launched its Battery Separator Film (BSF) division in Bayan Lepas, Penang.
The company is a member of Toray Group (Malaysia) and a wholly-owned subsidiary of Toray Industries Inc Japan.
Penfibre Sdn Bhd managing director K. Kurokawa said the company obtained its International Procurement Centre licence last year to process and market BSF in Penang.
“Located at our sister company’s premises Penfabric in the Bayan Lepas Free Industrial Zone, the RM15mil BSF project was smoothly completed last year despite extensive renovation work.
“Commercial production started early this year,” he said in his speech during the opening of the BSF division at the Equatorial Hotel recently.
He added that the division was capable of producing a high value-added BSF trademark under the name of Setela for supply to regional buyers for use in lithium batteries.
Toray Industries Inc senior vice president S. Hagiwara said Toray was a leading global supplier of polyester film, commanding a combined global market share of about 20%.
Toray produces and sells many types of films under the trademark ‘Lumirror’. They are used in a wide range of applications.
“To date, we have established sound manufacturing and delivery systems at six major bases worldwide in Japan, the United States, France, Korea, China and Malaysia,” said Hagiwara.
Chief Minister Lim Guan Eng said Toray was now one of the single largest investors in Penang and Malaysia.
“Thank you to Toray for providing thousands of job opportunities for Malaysians over the last four decades,” he said.
He said Penang’s approved manufacturing investments increased to RM8.2bil last year, which is a 109% increase from RM3.9bil in 2013.
“This made Penang the state with the highest investment after Johor and Sarawak,” he said.
He added that total investments in Penang increased to RM48.2bil from 2008 to 2014.
Lim also commended Toray Group (Malaysia) for their contributions via several corporate social responsibility programmes.
These included providing the RM6mil electronic scoreboard at Batu Kawan Stadium in 1999 and setting up the Malaysia Toray Science Foundation in 1993 and the Toray-USM Knowledge Transfer Centre with a donation of RM4mil.
Toray also contributed RM300,000 towards the Tech-Dome Penang project recently.