SECOS: Launches new biopolymer plant in Malaysia

  • SECOS Group (SES) expanding its manufacturing capacity in Malaysia through the lease of a factory close to its existing Port Klang operations
  • SECOS isa leading sustainable packaging developer with a head office in Victoria
  • The company also says it experiencing strong growth in demand across its range of bio-based compostable products
  • Capital investment in the plant budgeted at around $2 million
  • The combined China and Malaysia expansions will enable increased product sales to new and existing customers by more than $25 million per annum
  • SECOS shares are up 7.14 per cent, trading at 30 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

Cosegic Strengthens Financial Crime Expertise with Fintrail Acquisition

The acquisition enhances Cosegic's capabilities in combating financial crime.Highlights: Cosegic acquires Fintrail to enhance financial crime capabilities.The acquisition...

Keye Launches AI Co-Pilot for Private Equity Due Diligence

A game-changing tool to enhance efficiency in investment evaluations.Highlights: Keye introduces an AI-powered co-pilot for due diligence.Streamlines the...

Regulators Urged to Prioritize Gen AI Threats Over Quantum Computing Risks

Insights on the evolving regulatory landscape in fintech and AI.Highlights: Exchange Association emphasizes urgency on Gen AI regulatory...

Cryptocurrency Scam Losses Surge to $17 Billion in 2025, Fuelled by AI

Analysis reveals AI-driven schemes are escalating crypto fraud incidences.Highlights: Losses from cryptocurrency scams reached $17 billion in 2025.AI...