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Hong Seng Consolidated Berhad will build a new nitrile butadiene latex (NBL) plant in Kedah Rubber City, Malaysia, with a total investment of approximately RM3 billion. The plant will be completed in four phases, with the first phase of 240 KTPA expected to commence commercial production by Q2 2024.
“Hong Seng Consolidated Berhad is set to buld a new nitrile butadiene latex (NBL) plant in Kedah, with an approximate price tag estimated to be in the region of RM3 billion.”businesstoday.com.my
Summarized from public sources; check the original articles before acting on it.