GEORGE TOWN, December 4 – Iwata Japan, a global leader in the chemical and materials industry, has announced the acquisition of EQX Materials Sdn Bhd, rebranding it as EQX Iwata Sdn Bhd. This strategic move strengthens Iwata’s presence in Southeast Asia and Asia, enabling the company to deliver cutting-edge materials and solutions for high-demand sectors such as electronics, semiconductors, and automotive industries.
With a robust portfolio of advanced materials and engineering expertise, EQX Iwata will continue serving over 1,000 customers, focusing on sustainable and precision applications. Dato’ Loo Lee Lian, CEO of InvestPenang, hailed the acquisition as a testament to Penang’s thriving industrial ecosystem. Representing Chief Minister Chow Kon Yeow, she emphasized, “Penang’s unparalleled infrastructure and supply chain integration make it an ideal growth hub.
This strategic alliance between Iwata and EQX Materials exemplifies the region’s potential for fostering global industrial success.” As a subsidiary, EQX Iwata will harness Iwata’s technological resources and sustainability-focused expertise to drive innovation and customer-centric growth in the competitive Southeast Asian market.
