Elridge Energy invests RM 45 million in Klang activated carbon plant

Elridge Energy is investing RM 45 million to build six activated carbon production chains in Klang, Malaysia. The facility is designed for 21,600 metric tons a year and is scheduled for phased start-ups across fiscal year 2027. Funding will be from internally generated funds, with revenue expected to begin in 2027. The investment is not expected to materially affect earnings for the year ending Dec. 31, 2026.