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Saint-Gobain opens new plants in Malaysia, Accelerates its development in Southeast Asia

by moneycompass
June 10, 2021
in Corporate News
Saint-Gobain
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KUALA LUMPUR, 25 May 2021 – As an important step in Saint-Gobain’s strategy to surge developments in South East Asia, the Company has invested in a new plant to produce advanced solution for construction applications, including a large variety of mortars, waterproofing and construction chemicals solutions. Located on a 50,000m2 land in Johor, the southern state of Malaysia, the factory, will be devoted to serve the Company’s growing Malaysian and Singaporean markets.

Saint-Gobain has been present in Malaysia for over 20 years. This new factory is the fifth (5th) industrial establishment of the Group in the country and the 28th in Southeast Asia. It is a testament to the confidence investors have in Malaysia and the region. The expansion in Asia-Pacific constitutes one of the top priorities for Saint-Gobain as a future regional manufacturing hub to support ASEAN countries and beyond.

Mr. Arham Abdul Rahman, Chief Executive Officer of the Malaysian Investment Development Authority (MIDA), commended Saint-Gobain’s continual confidence in Malaysia. Commenting on the Company’s latest expansion in Malaysia, he said, “The COVID-19 pandemic has highlighted the need to accelerate the adoption of digital technologies to be applied in the manufacturing of products. Given that research and innovation are at the heart of Saint-Gobain’s strategy, we are excited to witness this latest undertaking here. We are confident that Saint-Gobain will further benefit from Malaysia’s strategic location, comprehensive global trade agreements, competitive cost of doing business, multi-facetted talent pool as well business friendly policies.”

 

To learn more about Saint-Gobain, go to www.saint-gobain.cn

 

Read more: Malaysia’s economy improves following Govt’s recovery measures

Tags: #Saint-GobainMIDA
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