KUALA LUMPUR, Oct 13 — China-based industrial gas producer Yingde Gases Group Co Ltd’s unit NovaAir Industrial Gases Sdn Bhd aims to raise the Kuala Lumpur plant’s capacity utilisation to above 90 per cent within two years.
NovaAir said in a joint statement that Yingde Gases plans to expand its investment in Malaysia over the next three to five years, with the ambition of positioning NovaAir among the country’s top three industrial gas suppliers.
“From its Malaysian regional headquarters, NovaAir also plans to pursue opportunities in Thailand, Vietnam and Indonesia, while continuing to focus on operational efficiency, sustainability and local talent development,” it said.
NovaAir said today it had inaugurated its 300-tonne-per-day liquid air separation unit (ASU) at UMW High-Value Manufacturing Park in Greater Kuala Lumpur, strengthening Malaysia’s domestic supply of essential industrial gases for high-value manufacturing and reinforcing the group’s long-term investment commitment to Malaysia.
