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Spike in flexible packaging materials demand
SLP says panic buying triggered by rising cost
October industrial output shrinks 0.5%, worse than forecast
KUALA LUMPUR: The industrial production index (IPI) in October shrank by 0.5% from a year ago, which was below a Bloomberg survey of 0.2% increase, and it was the first contraction since July.
Commodities-based sectors early RCEP beneficiaries
PETALING JAYA: Commodities-based industries are expected to be one of the early beneficiaries of the Regional Comprehensive Economic Partnership (RCEP) given Malaysia’s strong position in the sector.
Rising demand for plastic packaging products
KUALA LUMPUR: CGS-CIMB Research has upgraded the packaging sector to “overweight” from “neutral” due to the rising demand for plastic packaging products, driven by stay-at-home orders.
Magni-Tech Q2 net profit at RM21mil
PETALING JAYA: Magni-Tech Industries Bhd posted a 22.1% quarter-on-quarter drop in net profit to RM20.84mil for the second quarter ended Oct 31, mainly due to the negative impact of the Covid-19 pandemic, and and higher foreign exchange losses.
Mah Sing Plastics inks RM12mil photovoltaic deal with Plus Solar
PETALING JAYA: Mah Sing Plastics Industries Sdn Bhd (MSPI) has awarded a RM12mil solar photovoltaic (PV) installation project to clean energy provider Plus Solar Systems Sdn Bhd to outfit MSPI’s smart factory in Klang, Selangor.
Mah Sing Plastics inks RM12mil PV deal with Plus Solar
KUALA LUMPUR: Mah Sing Plastics Industries Sdn Bhd (MSPI) has awarded a RM12 million solar photovoltaic (PV) installation project to clean energy provider Plus Solar Systems Sdn Bhd (Plus Solar) to outfit MSPI’s smart factory in Klang, Selangor.
Salutica’s production workers test positive for Covid-19
KUALA LUMPUR: A number of production workers with electronics and plastic manufacturer Salutica Bhd has been tested positive for Covid-19.
China to eclipse America as world’s biggest oil refiner
EARLIER this month, Royal Dutch Shell Plc pulled the plug on its Convent refinery in Louisiana.
Asia Poly acquires 30% stake in GB Plas
PETALING JAYA: Cast acrylic sheet manufacturer Asia Poly Holdings Bhd is acquiring 30% equity in its competitor GB Plas Sdn Bhd for RM15mil.
