SEDC Energy inks MoU for high-end graphite plant

9 months ago 267
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KUCHING: SEDC Energy Sdn Bhd, a subsidiary of Sarawak Economic Development Corp (SEDC), has signed a memorandum of understanding (MoU) with Gallois New Energy Materials (M) Sdn Bhd to build a high-end graphite manufacturing plant in Bintulu, Sarawak.

The plant, which is to be located in Samalaju Industrial Park (SIP), will produce spherical natural graphite and synthetic graphite, involving a total investment of RM6.3bil, said SEDC Energy in a statement in conjunction with the MoU signing ceremony yesterday.

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