Faidhi to Invest More Than RM330 Million for Composite LPG Cylinder Plant on Carey Island

march 26 2012

Faidhi Holdings Sdn Bhd, Malaysia's first manufacturer of composite liquefied petroleum gas cylinders, will invest more than RM330 million in an integrated plant for the production and distribution of 1Malaysia LPG cylinders or SL1M, on Carey Island in Selangor.

President Abu Talib Abu said the company plans to develop the 50ha site in stages for the main manufacturing plant (K1), a secondary manufacturing plant (K2), logistic facilities such as warehouse, and a factory for cylinder distribution.

SL1M is made from composite materials (plastic and fibre glass), which is twice lighter than the existing steel cylinder. It is impact resistant, non-corrosive and rust-proof, thus eliminating the need for filters.

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