The chemical industry in Malaysia has recently caught the interest of many European SMEs as the industry offers several promising business opportunities for the European companies. Since counterfeiting and other IP violations are still commonplace in Malaysia, South-East Asia IPR SME Helpdesk has decided to address the issue of IP protection in Malaysia in today’s blog post, focusing especially on the chemical industry.
Malaysia’s chemical industry
Malaysia’s chemical trade with the European Union, excluding pharmaceuticals, reached 1.19 billion euros in 2015, equalling 8.4% of all EU exports to Malaysia. Chemical imports into the EU reached 1.03 billion euros, a total of 5.3% of all EU imports from Malaysia. The chemical industry feeds into most of Malaysia’s other major industries, including automotive parts, electronics, and construction equipment, and is dominated by petrochemicals (43.6%, with major exports consisting of polymers of ethylene in other forms, methanol, and saturated polyesters in primary forms) and oleo-chemicals (21.9%, with major exports consisting of industrial fatty alcohols, palm fatty acid distillates, stearic acid, soap noodles, and acetic acid). Major chemical production centres include dedicated zones in Gebeng, Kertih, Pasir Gudang, and Pengerang. Continue reading “IPR Protection for the Chemical industry in Malaysia” »