MSM Johor is in the initial phase of a third boiler procurement to further strengthen the sustainability of its operations.
PASIR GUDANG: MSM Sugar Refinery (Johor) Sdn Bhd (MSM Johor) has achieved a breakeven utilisation rate of 40% in 2023 and aims to hit a utilisation factor (UF) of 50% by year-end after its second boiler rectification work has been completed.
MSM Johor, a subsidiary of MSM Malaysia Holdings Bhd
, initially targeted to achieve a 27% UF for 2023.
MSM group chief operating officer Hasni Ahmad said that for added mitigation, MSM Johor is in the initial phase of a third boiler procurement to further strengthen the sustainability of its operations.
“There is tremendous headroom to grow the exports with an over five million tonnes per year market in the Asia-Pacific where MSM Johor has a geo-strategic advantage in the supply chain of retail and industry,” he told reporters after a site visit to the Johor refinery in Tanjung Langsat yesterday.
MSM Johor currently produces one million tonnes of refined sugar per year, while the group produces up to 2.05 million tonnes of refined sugar annually.
Its refinery in Prai, Penang – the largest sugar refinery in Malaysia – churns out 1.05 million tonnes of sugar every year. — Bernama
