Keyto MY Sdn. Bhd., a subsidiary of Shenzhen Keyto Fluid Technology, inaugurated its fluid technology manufacturing plant in Batu Kawan, Penang, on November 18, 2024, expected to generate RM 65 million in sales over three years.
Reach Integrated Sdn Bhd won a contract from SEA Hibiscus to supply, test, deliver, install and commission 10 motor operated valves with Rotork actuators and MIR Valve ball valves for the SF30 Water Flood Phase 2 project in the North Sabah PSC offshore oil field.
Paladon Systems finalized an order for pneumatic spring return actuators and control components for the Exxon Mobil Price Agreement (GUA-X Asset Restoration and Maintenance Support) in Malaysia.
Swiss vacuum valve maker VAT Group held a groundbreaking for a 39,200 square meter factory extension in Penang, Malaysia. The project will create about 500 jobs and more than double the Malaysian operation's production capacity.
Paladon Systems has completed a batch of pneumatic spring-to-close actuators with control systems for the Exxon Mobil price agreement in Malaysia, managed by EMEPMI. The batch was shipped to Malaysia.
The Wilo Group opened a new assembly plant in Kuala Lumpur, Malaysia, with an assembly line, test bench and training offices, to serve as a Southeast Asia hub. Production of vertical pressure-boosting systems is planned from the end of 2021.
VAT Group completed Phase 2 of its Malaysian campus in September 2019, expanding it from 6,000 to 24,000 square metres, a step forecast to raise global production capacity by 30%.
Neway Valve (Suzhou) ordered more than 570 Rotork IQ3 multi-turn actuators for gate and ball valves at the Pengerang Deepwater Petroleum Terminal operated by Pengerang Terminals (Two) in Johor, Malaysia. The order was announced in July 2019.
CORTEC Manifold Systems won a contract through a Malaysian partner to supply 88 compact ball valves for a Petronas production platform, with bore sizes from 2 to 6 inches and pressure classes CL 1500 to CL 2500.
Mir Valve was awarded an order for seven MV3 side-entry API 6D ball valves with hydraulic actuators for Sarawak Shell's offshore East Malaysia riser, with delivery expected in July 2017.