India's Sadguru Polymer mulls PVC plant set up in Malaysia

16-Jan-15

India's Sadguru Polymers Pvt Ltd & Triace Solutions have evinced interest set up a PVC resin manufacturing plant in Malaysia with an initial investment of between RM 6.06-7.13 million, as per Bernama. "This will be our first investment out of India and we would like to invest in Malaysia as it is strategically located for us to source the raw materials," Sadguru Polymers Managing Director Harinath P. said, adding "We are looking at Johor for now, but we are keeping our options open as Port Klang is an equally attractive location. We want to be close to the port as it is easier for transportation of raw materials," he told the Malaysian media here today. Sadguru Polymers Pvt Ltd & Triace Solutions are part of a closely knit family enterprise begun in 1993 in Hyderabad, Telangana.