Malaysia: PGF Capital Bhd, based in Penang, has announced plans to increase its production of glass wool insulation via a new facility in Kulim, Kedah. The facility will begin production in April 2026, tripling PGF’s current glass wool output.
The company says that it will direct much of the new capacity to meet surging demand in Oceania markets, especially Australia and New Zealand. The additional production volume will also allow the group to re-enter markets such as India, Indonesia, Vietnam and the Middle East. The group exited these markets a few years ago due to capacity constraints at its Perai plant.
While insulation requirements in these countries may not be as stringent as Australia and New Zealand, Fong says governments are progressively tightening their building codes in line with sustainability goals.
The bulk of PGF’s revenue comes from Australia and New Zealand, accounting for about 70% of the group’s sales. The remainder is derived from Malaysia and Singapore.
