Future of chemistry in Malaysia

Future of chemistry in Malaysia

Different and diverse properties of organic and inorganic chemicals have caused the need to use these materials over time in various industries such as oil and gas, agricultural industries, water treatment, health industries, etc. This issue has led to an increase in the production of raw materials. Chemical in the world. The production of organic and inorganic chemicals on a global scale in 2020 _2021 increased by 1.2% compared to the same period last year, and the major share of growth was related to the countries of Asia The manufacturing of chemical materials and products helps to achieve the goals of the country's development programs by producing the inputs required by other economic sectors and with a lower proportion of receiving inputs from other sectors. Increasing the amount of non-oil exports and increasing the average annual growth of the country's value-added is one of the positive consequences of the growth and development of this industry. One of the most important export items of Malaysia are various chemical and petrochemical products and the share of sales of these materials in non-oil exports is significant. As economists know if we have more non oil export , we will be closer to progress for all-round development. One of the most important export items of Malaysia are various chemical and petrochemical products and the share of sales of these materials in non-oil exports is significant. In 2017, this amount was reported to be more than 26%, which compared to the average of this share in the previous five years, shows a growth of about 2%.Also, the share of value added in this field is 27.64%, which is the highest amount compared to other industries, and this indicates the high profitability of the chemical industry. Indeed , not all chemicals have an organic base, in other words, they are not the product of petrochemical plants. This family also has a significant share in creating added value; Because they have different applications in different industries.

Petrochemical downstream products, especially phosphoric acid and diethanolamine, are important in creating added value due to their involvement in a wide range of industries and their use in the production of many basic chemicals. All industrial and manufacturing plants need standard quality chemicals. It is necessary to continue to supply the raw materials needed by companies to continue operating in these difficult economic conditions, and this must be done as soon as possible and with the best quality. If we want to be one of the industrialized countries, we must avoid the uniaxiality of exports .As a leading company in the industry and scientific activities, we hope to fulfill our responsibilities over our company .

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