Thursday, December 15, 2011

Scientex eyes larger slice of global stretch film market

KUALA LUMPUR (Dec 15): Scientex Bhd, which invested RM16 million to expand its production capacity, has set its sights on expanding its share of the global stretch film market.

The industrial packaging manufacturer and property developer had recently commissioned its ninth production line at the Pulau Indah plant, which increased its production capacity by 20% to 120,000 tonnes per annum.

Managing director Lim Peng Jin said the AGM on Thursday the expansion of the production capacity was necessary, due to unabated demand for stretch film worldwide.

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