In this article, we will show you Malaysia bitumen supplier, its production, imports, exports, and other cases to get more familiar with this country.
Malaysia Bitumen Production:
The question we can ask first is about the existence of bitumen production refineries in Malaysia. There are two bitumen refineries in this country, first in Melaka, the Petronas refinery, and second in Kemaman, Kemaman Bitumen Company, which is called KBC. They are in the western region of Malaysia. Moreover, these two refineries could produce bitumen of about 1.45 million tons.
Malaysia Bitumen Consumption:
In 2018, bitumen consumption in Malaysia was approximately 780000 tons, and the prediction was that it would go up until 2024.
Many infrastructure projects in Malaysia underwent many changes after the opposition party’s first victory in the 2018 election. For example, large projects such as building bridges and roads were canceled or postponed, or even some were finished. On the other hand, some others were ongoing. However, we expect the bitumen market to grow in this country in these years.
We divide the bitumen used in Malaysia mainly into two categories: paving bitumen, which comprises more than 90%, and roofing bitumen, which is about 5%.
Before 2017, the main grade used in Malaysia was pen 60/70 and pen 80/100, but now the most used bitumen is pen 60/70.
Two important groups of bitumen which make up around 5% of bitumen consumption in Malaysia are Polymer-modified bitumen (PMB) and bitumen emulsions.
In Ramadan, pavement operations continued at low speed. So, the demands went down. However, after the Hari Raya Aidilfitri holiday, the order and consumption rose in March.
Before the Coronavirus, it was predicted that the bitumen consumption for paving and non-paving jobs would increase and continue in an almost constant upward range. But the spread of this disease affected all plans and forecasts. The extension of quarantine in Malaysia during the Corona period caused the speed of road operations to be a bit weak and problematic. Also, different flu and even war in other countries affect bitumen consumption, production, export, and import.
Malaysian Economy:
Malaysia is a country in Southeast Asia that had some problems during the last years, which caused some economic crises. But now the people and government have been trying to develop their country.
From 2016 to 2020, the population of Malaysia began to increase. In other words, its population in 2016 was about 30684654, and in 2022 this value increased to 32276078. This increase in population is due to the rise in the number of immigrants to Malaysia.
Some factors, such as the decrease in gasoline prices, oil price fluctuations, political crises from 2016 to 2020, and the Corona pandemic in recent years, caused a series of economic problems in this country. But the newer approaches of the government and people and the continuous effort to build the country made the economy of Malaysia grow. Accordingly, we expect that soon it will be
considered one of the world’s wealthiest and most powerful countries.
Thereupon, the factors below have caused an increase in the need and demand for bitumen in Malaysia:
- The development of the country,
- Increasing the population,
- raising road construction
Malaysia bitumen imports and exports:
Singapore is the leading neighbouring country from which Malaysia imports bitumen.
Malaysia’s bitumen exports are mainly to China, New Zealand, Vietnam, Thailand, India, Cambodia, Indonesia, Bangladesh, and Australia.
Malaysia bitumen supplier:
That’s more than ten years since Infinity Galaxy, an experienced bitumen supplier exports different grades of bitumen
with high quality to foreign countries. Malaysia and other countries in east Asia are examples of them.
We cooperate with reliable shipping companies with a clear schedule and do our best to deliver the cargo on time.
All in all this text tried to cover whatever relates to Malaysia Bitumen supplier and its other factors, to inform you briefly. We hope it will be useful for you dear readers. Please contact us, if yo have any question.