LB Group expands Malaysia footprint with RM1bil facility in Gurun
The project is expected to create more than 300 skilled employment opportunities for Malaysians.
In a strategic move to bolster Malaysia's manufacturing prowess, China-based LB Group Co Ltd has announced the launch of a RM1 billion facility in the Gurun Heavy Industrial Park (GHIP) in Kedah. This marks the group's expansion of its footprint in the country, with the total investment spanning across a 24.32ha plot of land. The project is poised to create over 300 skilled jobs for Malaysians, as per the Malaysian Investment Development Authority (Mida).
Mida CEO Sikh Shamsul Ibrahim Sikh Abdul Majid highlighted that the group's investment in titanium dioxide and advanced inorganic chemical materials will fortify Malaysia's high-value manufacturing capabilities, contributing to the growth of a more complex chemical industry. The facility, managed by LB Advanced Material Asia Sdn Bhd, is set to reach a planned annual production capacity of 300,000 tonnes following its phased completion.
Liang Sun, director of LB Advanced Materials Asia, emphasized that Malaysia's advantages, including direct access to major highways, rail networks, and the Penang Port, render it an ideal location for the project, ensuring efficient export operations. LB Group's value chain spans titanium minerals, titanium dioxide, titanium sponge, zirconium products, and new energy materials, with its flagship Billions brand catering to over 1,500 clients worldwide.
Written by urgent.news from Free Malaysia Today's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
