SK Nexilis copper foil manufacturing facility on schedule for completion before end of year

KOTA KINABALU: SK Nexilis’s copper foil manufacturing facility at KKIP is 68.8 per cent  completed as at February and works are on schedule for completion before end of this  year. 

The South Korean company’s top brass led by its Chief Executive Officer, Yi Jaehong  briefed Chief Minister Datuk Seri Panglima Haji Hajiji Haji Noor on the project’s progress  during a meeting at Sri Gaya here today. 

"SK Nexilis wishes to thank the Sabah State Government and the Chief Minister for  facilitating our investment in Sabah," said Yi. 

He told the Chief Minister that SK Nexilis expects to roll out its first production between  September and October this year. 

Yi also briefed the Chief Minister that the company has employed 500 locals to work at  the facility and to date 107 Sabah graduates and diploma holders are currently being  trained as trainers in various disciplines including engineering, maintenance, production  and logistics, amongst others in Korea. 

SK Nexilis produces 15 per cent of the global copper foils for electric vehicle (EV) battery. 

The RM2.3 billion project which started in mid 2021 will have an annual production  capacity of 50,000 tonnes upon completion. 

Hajiji thanked SK Nexilis for choosing Sabah to set up its first overseas facility and  assured that the Sabah Government is committed to facilitate more investments to the  state. 

With Yi were SK Nexilis Malaysia Sdn Bhd CEO, Shin Dong Hwan. Also present were  Minister of Industrial Development and Entrepreneurship, Phoong Jin Zhe and  Permanent Secretary Datuk Thomas Logijin. 

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