Malaysia's chemical and new materials
Rising Global Consultants
Malaysia is seeking to enter new segments in the specialty chemicals field. Industry participants have started exploring the potential of using Crude Oil-to-Chemicals (COTC) technology to produce specialty chemicals directly from crude oil. There is significant market potential in non-fuel products such as catalysts, aromatics, petroleum solvents (naphtha), waxes, and white oils, which remain to be developed. These products can be used as additives in various industries such as food and beverage, construction, and automotive. Another area for development involves revising marketing and supply chain management policies to further diversify the sources of raw materials and markets for the industry. This will enable industry participants to choose from different suppliers and target markets, providing greater flexibility and freedom in business operations
Chemical and new material
The non-metallic mineral products industry includes the production of glass, ceramics, and clay-based products, cement and concrete, high-purity alumina (HPA), as well as other products such as quicklime, barite, marble, and granite
29.2%
Domestic investment
48 billion ringgit
Total approved investment amount in 2021
70.8%
Foreign investment
Inorganic chemicals
- The industry covers the production of chlor-alkali, acids, and some specialty chemicals, such as silicates, oxides, hydroxides, acids, electronic chemicals, and catalysts
- Major participants include CCM Chemicals, Swire, Malaysia Chemical Industries, South Pacific Chemical Industries, Nylex, ACME Chemicals, and BASF
Agricultural chemicals
- There are over 100 companies operating in this field. Many of these are local companies involved in the mixing, blending, or formulation of agricultural chemicals
Industrial gases
- There are more than ten companies producing oxygen, nitrogen, hydrogen, carbon dioxide, acetylene, argon, and nitrous oxide
- The purity of these industrial gases usually ranges from 99.5% to 99.9% and is used in industrial applications such as welding, cutting, coating, and hydrogenation
- Major manufacturers include Petronas, Air Liquide, Linde, Air Products, Iwatani, and Southern Industrial Gas
Fertilizers
- Organic fertilizers come from agricultural waste
- Inorganic fertilizers, also known as synthetic fertilizers, are artificially manufactured and contain minerals or synthetic chemicals, such as phosphorus and potassium
- There are over 20 companies operating in this field
- Major fertilizer producers include ASEAN Bintulu Fertilizer, Petronas Chemicals Fertilizer, Sabah Fertilizer, Sabah Agricultural Fertilizer, Antong Fertilizer, Malaysia NPK Fertilizer, and Agro Chemical Fertilizer
Coatings and inks
- There are over 60 companies operating in this field
- The production of coatings and related products includes varnishes, shellacs, paints, thinners, and printing inks
- Major producers include Nippon Paint, Sime Kansai Paint, First Malaysian Paint, ICI Paint, Hempel Manufacturing, PPG Paints, Sime Paint, Jotun Paint, and Boustead Sissons Paint
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