MYBP_3rd Edition

10 MALAYSIA Your Business Partner The chemicals and chemical products industry is another well-established sector in Malaysia. It is a major contributor to the national economy. Growth of the petrochemical industry was spurred by the ample availability of feedstocks and a well-developed infrastructure. The other leading chemicals and chemical product sector is the Malaysian oleochemicals industry, which is one of the largest in the world and a definite economic bedrock for the nation’s growth. The major catalyst for the advancement of the Malaysian oleochemicals industry is the presence of a massive palm oil and palm oil products industry in Malaysia. Exports of oleochemicals comprise mainly of industrial fatty alcohols, palm fatty acid distillates, stearic acid, soap noodles, glycerol and acetic acid. The main export markets for oleochemicals include China, the USA, Japan, India and Singapore. ‘The Best Chemical Solutions for Your Needs’ Malaysia is well recognised as possessing one of the most developed chemical industries in the world. With their various capabilities, Malaysian suppliers can fulfil your demands for chemical products. Reach out to MATRADE to find out how Malaysia can help you achieve greater business excellence. Chemicals and Chemical Products Major exports from the petrochemicals sector include polymers of ethylene, methanol and saturated polyesters. These exports are bound mainly for China Thailand Saudi Arabia Singapore India Republic of Korea Japan Indonesia