News Article
5N Plus opens recycling facility in Malaysia
The producer of specialty metals such as indium, gallium and germanium used in MOCVD growth, has also acquired 100 percent of MCP Metals (Shenzhen) Co., Ltd gallium refining facility
5N Plus's new recycling Malaysian facility is now operational.
The facility which is located within the Kulim High Technology Park, one of Malaysia’s highest profile industrial areas for technological firms, was completed under budget.
Providing recycling services for solar cell manufacturers, the facility is expected to gradually increase its range of products and services to address broader requirements and capture opportunities in the South-Asian market.
The company has also acquired the remaining 50 percent ownership interest in the joint venture company MCP Metals (Shenzhen) Co., Ltd, a gallium refining facility located in Shenzhen, China.
“Expansion of our activities in Asia is part of our growth strategy as we expect to see increasing demand for our products in this part of the world. Our Shenzhen and new Malaysian facilities will be instrumental in allowing us to leverage this demand and the corresponding business opportunities,” explains Jacques L’Ecuyer, President and Chief Executive Officer of 5N Plus.
The facility which is located within the Kulim High Technology Park, one of Malaysia’s highest profile industrial areas for technological firms, was completed under budget.
Providing recycling services for solar cell manufacturers, the facility is expected to gradually increase its range of products and services to address broader requirements and capture opportunities in the South-Asian market.
The company has also acquired the remaining 50 percent ownership interest in the joint venture company MCP Metals (Shenzhen) Co., Ltd, a gallium refining facility located in Shenzhen, China.
“Expansion of our activities in Asia is part of our growth strategy as we expect to see increasing demand for our products in this part of the world. Our Shenzhen and new Malaysian facilities will be instrumental in allowing us to leverage this demand and the corresponding business opportunities,” explains Jacques L’Ecuyer, President and Chief Executive Officer of 5N Plus.
