Luxchem Corp. Bhd.
MMYX:LUXCHEM0.42
MYR
-0.01
(-2.35%)
Luxchem Corp. Bhd.
MYX:LUXCHEM
(Bursa Malaysia)
Recent
price
0.42
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div
yld
- -
ROIC.AI
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in mil. unless spec.- Similar Companies
- Business
- Luxchem Corporation Berhad is a Malaysia-based investment holding company primarily engaged in the marketing, distribution, and manufacturing of industrial chemicals and materials. Founded in 1984 and headquartered in Petaling Jaya, Selangor, Malaysia, the company operates across two primary business segments: Trading and Manufacturing. The Trading segment specializes in the import, export, and distribution of chemical raw materials, including unsaturated polyester resins (UPR), catalysts, gelcoats, and fiberglass reinforcements; polyvinyl chloride (PVC) resins, plasticizers, impact modifiers, and heat stabilizers; latex chemicals, rubber compounding ingredients, vulcanizing agents, accelerators, and antioxidants; polyurethane (PU) chemicals, polyols, and isocyanates; industrial solvents, pigments, additives, flame retardants, and silicone fluids. The Manufacturing segment engages in the production of unsaturated polyester resins (UPR) through Chemfield Sdn Bhd; latex compounding chemicals, specialty coagulants, chemical dispersions, and mold release agents through Luxchem Polymer Industries Sdn Bhd; specialized cleaning, sanitizing, and surface treatment formulations. The company caters to a diverse range of end-user markets, including the rubber glove and latex dipping, automotive, construction, electrical and electronics, packaging, furniture, footwear, agriculture, and water treatment industries. Luxchem Corporation Berhad operates through key operating subsidiaries such as Luxchem Trading Sdn Bhd, Luxchem Polymer Industries Sdn Bhd, Chemfield Sdn Bhd, Lexis Chemical Sdn Bhd, Lexis Manufacturing Sdn Bhd, BioChemical Laboratories Sdn Bhd, PT Luxchem Indonesia, and Luxchem Vietnam Company Limited, maintaining manufacturing plants, technical service laboratories, and distribution hubs across Malaysia, Indonesia, and Vietnam, while exporting products across Singapore, Thailand, Bangladesh, Australia, and the broader Asia-Pacific region. In recent strategic developments, the company has reinforced its manufacturing and supply chain capabilities through the full operational integration of the Lexis group of companies, enhancing specialized chemical synthesis and microbiological laboratory testing services for the glove and healthcare sectors. The group has also expanded its sustainable product portfolio by introducing bio-based plasticizers, low-VOC additives, and water-based release agents to meet international environmental standards, while scaling up its warehousing and logistics infrastructure in Vietnam and Indonesia to support expanding industrial manufacturing activities in Southeast Asia.