Industry News

Bostik Expands Production Capacity in Malaysia

Malaysia: Bostik, one of the business lines of Arkema, which deals in specialty adhesives business has expanded the production capacity of the cementitious products at its manufacturing facility located in Malaysia. The expanded facility would be involved in the manufacturing of cementitious construction products, floor levelling compounds, tile grouts, wall finishing products and ceramic tile adhesives. Cementitious products produced by the company at the Seremban facility are based on the Polymer Modified Binder (PMB) Technology, which is the most significant area of company’s innovation and R&D activities. In 2014, the company had also opened a manufacturing facility in the country in Johor Bahru.

TechSci Research depicts that expansion of the manufacturing capacities is expected to strengthen the position of Bostic and enhance its operations in the country. This would also help the company to cater to the growing demand for construction products in Central Malaysia, Sabah, Kuala Lumpur and North Malaysia.

According to a recent report published by TechSci Research, “GCC Construction Chemicals Market By Type, By End User, Competition Forecast & Opportunities, 2011 – 2021”, construction chemicals market in the GCC region is projected to grow at a CAGR of over 7% during 2016 to 2021. Demand for construction chemicals, which are used in construction materials to speed up construction activities or improve durability of existing structures, is expected to grow on account of rising investments in construction of residential complexes as well as commercial sector. Additionally, rising expenditure on infrastructure projects by the government is further aiding the region’s construction chemicals market. Some of the major companies operating in the GCC construction chemicals market include BASF, FOSROC, Sika, Dow Menat, Chryso Gulf and Saudi Basic Industries Corporation.

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