Altech Chemicals: Completes stage two construction of HPA plant

Altech Chemicals: Completes stage two construction of HPA plant

  • Altech Chemicals (ATC) has completed stage two construction work at its high purity alumina (HPA) plant in Malaysia
  • It follows the recent easing of COVID-19 restrictions in Malaysia, also allowing work to completed
  • This movement control order implemented on March 18 and prohibited all non-residents from entering the country
  • HPA is the high-purity form of aluminium oxide that also used in the production of synthetic sapphire
  • An inspection handover wascarried out towards the end of June and a number of repairs identified and rectified
  • Altech shares have dropped by 2.44 per cent, trading for four cents each
Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

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