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.

You May Also Like

eToro Strengthens Crypto Portfolio with Zengo Acquisition

Deal expands eToro's offerings in the cryptocurrency sector.Highlights: eToro is acquiring crypto wallet Zengo to expand its services.The...

Revolut Launches Platform to Streamline Overseas Talent Hiring

Revolut's new service aims to simplify global recruitment for businesses.Highlights: Revolut launches a platform for hiring overseas talent.The...

Revolut Strengthens Business Recruitment Platform in New Markets

The fintech giant expands its offerings targeting recruitment needs globally.Highlights: Revolut enhances its platform for business recruitment.The expansion...

UniCredit Selects Slate to Strengthen Retail Investment Services

The partnership aims to enhance digital investment options for customers.Highlights: UniCredit partners with Slate for enhanced retail investment...