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Techna-X to temporarily cease metallurgical coke business

KUALA LUMPUR (Bernama) -- Techna-X Bhd, which has been building up its energy storage and digital transformation businesses, will temporarily cease its loss-making metallurgical coke business operations by Dec 31, 2021.

The company said wholly-owned Linyi Yehua Coking Co had decided to suspend its coke operations until such time when the business improved and clearer visibility on the way forward could be established.

In a statement today, Techna-X said its coke business, which has been classified as "discontinuing operation”, remained in dire situation as it reco

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