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| Matex
was incorporated
on 30 September 1989
in Singapore and we started
our operation in the name
of Matex Specialty Chemicals
Pte Ltd under the stewardship
of Dr Alex Tan Pang Kee.
Our principal activities
include manufacturing,
formulation and sale of
specialty chemicals focusing
on dyestuffs and auxiliaries
for the textile industry.
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| Between
1989
and 1998,
we took many initiatives
to go regional and increase
our market presence in
several overseas markets.
We established subsidiaries,
distributors and agents
spanning across Asia and
Europe, including the
PRC, Sri Lanka, Bangladesh,
Taiwan, Myanmar, Malaysia,
Vietnam and the UK. |
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| By
1992
we have a gained strong
presence in the Singapore
and Malaysia markets.
Following the identification
of the PRC to be our key
market for growth, in
1993 Shanghai
Matex Chemicals Co., Ltd
(“SMC”)
was set up as a joint
venture between our Company,
Shanghai Pu Dong Tai Ya
(a company owned by the
Tang-Zheng Pudong Authorities
in Shanghai) and Shenyang
Research Institute of
Chemical Industry (“SRICI”)
with interest of 60%,
25% and 15%, respectively.
The primary focus of SMC
is on the production and
sales of reactive dyestuffs
for both domestic and
export markets. SMC has
12 sales offices servicing
customers in Chengdu,
Changshou, Changzhou,
Guangzhou, Hangzhou, Jiangsu,
Nantong, Ningbo, Qingdao,
Shenyang, Shijiazhuang,
Wuhan, Wujin, Xiaoshan
and Zhengzhou.
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| In
1997 Unimatex
Sdn Bhd (“USB”)
was incorporated in Malaysia
to further enhance our
presence in Malaysia.
Located in Ipoh, Malaysia,
USB serves as our sales
agent and distributor
for the Malaysia market,
servicing more than 60
Malaysian customers. In
addition, USB formulates
dyestuffs and auxiliaries
to cater to our customers
with special requirements
as well as provides technical
services to support them.
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| In
1998, Unimatex
(Shenyang) Chemicals Industry
Co.,Ltd (“USY”)
was incorporated in Shenyang,
PRC as a 60% owned subsidiary
to further increase our
manufacturing capacity.
Our local partners for
USY are Mr Zhang Shixue,
General Manager of USY,
and SRICI with interest
of 25% and 15% respectively.
USY manufactures optical
brightening agents and
auxiliaries for both domestic
and export markets of
the PRC. |
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| To
consolidate our operation
in Singapore, we have
constructed a new building
at 15 Tuas View Square
Singapore 637556. We have
shifted to our new building
in September 2003.
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