Arkema and CJ Cheil-Jedang select Malaysia for their Bio-Methionine and Thiochemicals plants

08/12/2011  - Press release
 Corporate - Finance
After a long and thorough study on the best place to build their plants, CJ Cheil-Jedang and Arkema have selected the site of Kerteh, in the state of Terengganu in Malaysia.

 

Thanks to the best efforts of the Government of Malaysia, the Malaysian Biotechnology Corporation and the East Coast Economic Region Development Council, attractive conditions for the bio-methionine and thiochemicals plants have been obtained.

 

The Prime Minister of Malaysia, Dato’ Sri Najib Abdul Razak, welcomed this choice at a press conference today in Kuala Lumpur.

 

Kerteh located on the East Coast of Malaysia is an ideal place to build a thiochemical platform and  bio-methionine plant where all the necessary infrastucture, utilities and raw materials can be easily obtained.The onsite bulk port and the nearby Kuantan and Kemaman container ports will facilitate the logistic of the products.

 

Arkema and CJ Cheil-Jedang confirm their intention to start operating the plants at the end of 2013.

 

CJ CheilJedang, a Korean based food, feed, and bioscience company, is leading the way as  No.1 global company in the world in the area of industrial biotechnology with innovations in fermentation, and purification technologies. CJ is a leading producer of fermentation-based products such as feed amino acids, MSG, and Nucleotides with global manufacturing and business operations in 6 continents. As a socially responsible company, CJ strives toward practicing carbon-neutral manufacturing operations by utilizing renewable raw materials and developing value-added co-products to minimize waste into the environment.

 

A global chemical company and France’s leading chemicals producer, Arkema is building the future of the chemical industry every day. Deploying a responsible, innovation-based approach, we produce state-of-the-art specialty chemicals that provide customers with practical solutions to such challenges as climate change, access to drinking water, the future of energy, fossil fuel preservation and the need for lighter materials. With operations in more than 40 countries, 14,000 employees and 8 research centers, Arkema generated annual revenue of €5.9 billion in 2010, and holds leadership positions in all its markets with a portfolio of internationally recognized brands. The world is our inspiration.