KUALA LUMPUR, TMK Chemical Bhd announced that its subsidiary has signed a distributor agreement with Tata Chemicals Soda Ash Partners LLC to distribute soda ash dense in Vietnam.
Under the deal, Chlor-Al Chemical Pte Ltd (CAL) and its subsidiary TMK–Dai Hung Chemicals Co Ltd are appointed as non-exclusive distributors of the product, which is widely used in glass and detergent manufacturing. The agreement will take effect from Jan 1, 2026, to Dec 31, 2026, and will automatically renew each year unless terminated with six months’ notice.
TMK said the collaboration is expected to boost the group’s future earnings and net assets, funded through internally generated resources. Tata Chemicals, based in the US, operates one of the world’s largest natural soda ash production facilities in Wyoming. TMK shares closed seven sen higher at RM1.43 on Wednesday, valuing the company at RM1.43 billion. Year to date, the counter has fallen 23.5%.
