Ancom Nylex on track for better revenue

TheStar Thu, Apr 25, 2024 12:00am - 2 months View Original


PETALING JAYA: Ancom Nylex Bhd has sorted out issues with importing intermediates of Chemical T from China by securing necessary clearance and permits, says Hong Leong Investment Bank Research (HLIB Research).

Chemical T is applied in the planting of sugarcane crops.

To accelerate procurement, Ancom Nylex has also decided to produce the intermediates in-house for the active ingredient of Chemical T the research house added.

“Installation of a new machine for this process will be completed by July and should lead to commercialisation of Chemical T by September 2024.

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