New plant: Talagavathi (left) being briefed on the new plant layout at Baerlocher Malaysia. Also present at the official opening were (from right) Baerlocher Group of Companies advisory board chairman Dr Micheal Rosenthal, majority shareholder Dr Tobias Rosenthal, Baerlocher Malaysia managing director Sethu Palaniappan and Schulle.
SEREMBAN: The Baerlocher Group of Companies, one of the world’s top producers of additives for the plastics industry, expects its Malaysian operations to register a marginally higher turnover of RM220mil this year despite a slowdown in the global economy and challenges facing the industry.Group chief executive officer Arne Schulle said
its Malaysian set-up, which began operations in 1994, also expects to maintain its EBITDA (earnings before interest, taxes, depreciation and amortisation) at RM36mil with a more challenging environment.
Schulle said with the plastics industry facing many changes, the group will work towards developing innovative, sustainable and efficient products to optimise customer needs as well as production processes. “Baerlocher Malaysia, a competent and reliable partner for the industry, is well prepared for these challenges.”
Subscribe or renew your subscriptions to win prizes worth up to RM68,000!
