KUALA LUMPUR: Serba Dinamik Holdings Bhd has finalised its joint venture (JV) to build a chlor-alkali plant in Tanzania, its first business entry into the African continent. Serba Dinamik, today, signed a shareholders' agreement with Junaco (T) Ltd to firm up the JV. SDIL will hold a 25 per cent stake in Sufini, said Serba Dinamik, while Junaco will own the remainder of the stake. Last October, Serba Dinamik had via SDIL inked a JV agreement with Tanzanian water-related solution supplier Junaco to develop the chlorine skid mounted chlor-alkali plant, which has a capacity of 45 tonnes per day. SDIL will be involved in the engineering, procurement, construction and commissioning works which are valued at about RM295.26 million.

Source: New Strait Times March 26, 2018 12:33 UTC