KUALA LUMPUR: INTEGRAX BHD [] plans to make Lekir Bulk Terminal, which is part of the Lumut port in Perak, to be multi-user where it can handle limestone, coal, iron ore and even biomass.
Integrax managing director Amin Halim Rasip said on Monday, April 25, the terminal could easily cater to four to six users.
'There's limestone, coal to be handled as well as possibility of biomass, coking coal, iron ore which all ties in with our business model,' he said at a shareholders meeting.
He said over the next three years, Integrax hoped to create an eco-industrial zone where a group of users could share infrastructure and facilities, this would also help to reduce the carbon emission.
Affin Investment Bank Research said in a recent note that TENAGA NASIONAL BHD []'s (TNB) recent RM107 million investment for a 22% stake in Integrax was purely to facilitate the operational efficiency of the group's wholly-owned Manjung coal-fired power plant.
Integrax owns Lumut port ' which comprises of the Lekir Bulk Terminal and Lumut Maritime Terminal. Lekir Bulk Terminal contributes more than 90% of Integrax's earnings and provides coal handling and coal delivery services to TNB's Manjung power plant.
Integrax managing director Amin Halim Rasip said on Monday, April 25, the terminal could easily cater to four to six users.
'There's limestone, coal to be handled as well as possibility of biomass, coking coal, iron ore which all ties in with our business model,' he said at a shareholders meeting.
He said over the next three years, Integrax hoped to create an eco-industrial zone where a group of users could share infrastructure and facilities, this would also help to reduce the carbon emission.
Affin Investment Bank Research said in a recent note that TENAGA NASIONAL BHD []'s (TNB) recent RM107 million investment for a 22% stake in Integrax was purely to facilitate the operational efficiency of the group's wholly-owned Manjung coal-fired power plant.
Integrax owns Lumut port ' which comprises of the Lekir Bulk Terminal and Lumut Maritime Terminal. Lekir Bulk Terminal contributes more than 90% of Integrax's earnings and provides coal handling and coal delivery services to TNB's Manjung power plant.
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