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Arkema and Korean Partner Select Malaysia for Bio-Methionine and Thiochemicals Investment

10:23 AM MDT | August 12, 2011 | Natasha Alperowicz

Arkema and CJ Cheil-Jedang (Seoul) have selected Kerteh, Malaysia to build their previously announced bio-methionine and thiochemicals plants, following an investigation of sites in Malaysia and Thailand. The companies say that attractive conditions offered by the Malaysian government, as well as the Malaysian Biotechnology Corporation and the East Coast Economic Region Development Council, have persuaded the partners to invest in Malaysia. Arkema and CJ Cheil-Jedang plan to start operations at the plants at the end of 2013. The partners will each invest $200...

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