PUBLICATION

Chemical Week

AUTHORS

Daniela Severino, Naomi Sutorius-Lavoie, Tom Daly

Malaysia Chemicals 2006 IHS CW Release

December 16, 2006

After a dip in 2005, when GDP growth slowed and inflation rates reached their second highest level in almost seven years, forecasts for 2006 are optimistic, and Malaysia remains an excellent place to do business for a number of reasons. There are abundant natural resources, including oil and natural gas – the feedstocks for a well developed petrochemical industry. In addition, Malaysia’s landscape is dotted with oil palm plantations, making it the world’s largest producer and exporter of palm oil. Production of crude palm oil (CPO) was around 15 million metric tons in 2005, accounting for 48% of production worldwide. The abundance of palm oil in Malaysia has attracted the major players in the oleochemicals market, who are present among Malaysia’s 48 oleochemical refineries, most of which are concentrated in the southern state of Johor. The country has a global share in excess of 20% of the oleochemicals market, as well as being the leading exporter of basic oleochemicals, such as fatty acids, glycerin and soap noodles, in the world.

RELATED INTERVIEWS MORE INTERVIEWS

Pochteca offers a portfolio of over 7,300 industrial products to clients throughout Latin America.
INEOS Styrolution explains the current market dynamics of the America’s and how it’s various units are coping.
Unigel Mexico laments the country’s inadequate feedstock production.
Bertschi Singapore will to continue the rapid expansion of its capacity and services on Jurong Island.

MACIG

Motion Mertics explains how the latest technologies are being deployed in African mines.

SUBSCRIBE TO OUR NEWSLETTER