Altech announces complete clearing of the site for its proposed HPA plant in Johor, Malaysia

Altech Chemicals Limited announces that it has completed clearing the ~4Ha site for its proposed high purity alumina (HPA) plant in Johor, Malaysia.

Site clearance commenced earlier this month following the execution of the stage 1 construction agreement for the HPA plant with appointed German engineering, procurement and construction (EPC) contractor, SMS group (SMS).

Clearing of the site predominantly involved the removal of secondary re-growth vegetation; this activity was the first task in the detailed schedule of works for stage 1 construction. The completion of site clearance is another key development milestone for the Company’s proposed Malaysian HPA plant.

The Company’s HPA plant site is located in a section of the Tanjung Langsat Industrial Complex in Johor that is designated for chemical processing facilities. The Company selected Johor, Malaysia as the location for its proposed HPA plant based on significant economic and development benefits, including the ready availability of required consumables such as hydrochloric acid, limestone, quicklime, power and natural gas – all at highly competitive prices. The availability of skilled labour, proximity to an international container port and international airports (Johor Bahru and Singapore), and the various investment incentives on offer such as a 5-year corporate profits tax relief period are other important advantages of the selected location.

Renowned as being the most sought-after location for industries in Malaysia, Johor is a dynamic and vibrant industrial corridor and a manufacturing hub in the south-east Asian region. The only state in Malaysia with three ports and an international airport for cargo, Johor is the international metropolis for investment providing political and social stability; fully-developed industrial parks; a growing Englishspeaking workforce; supportive government policies with attractive tax incentives; and low inflation rates. Johor has the largest concentration of the world’s leading manufacturers and exporters of electronic products such as semiconductors and synthetic sapphire products; solar panel and glass products; textiles, rubber and wood products.

Altech’s managing director Iggy Tan, commented: “The site clearance caps off an exciting 12 month period for Altech as we take another step towards our goal of becoming a major producer of high purity alumina”.