Annual Report 2020

Spurring Exports In The New Norm MATRADE Core Purpose 115 01 02 03 04 05 Delima Oil Products Sdn Bhd (DOP) is one of Malaysia’s leading fast-moving consumer goods companies which produces palm oil downstream products focusing on refining, manufacturing and distribution of palm based oils and fats. With in-house research and development expertise, DOP is able to meet various product specifications requested by Delima Oil Products Sdn Bhd customers as well as offer high quality products at competitive prices. DOP is a subsidiary of FGV Holdings Bhd (FGV) which is one of the largest producers of crude palm oil in the world, representing almost 15% of Malaysia's annual production. FGV operates in nine countries covering Asia, the Middle East, North America and Europe. MATRADE assists DOP in expanding its global market network through business matching sessions and participation in trade fairs such as Gulfood in Dubai. MATRADE also provides assistance in terms of market intelligence through its Business Information Centre and export advisory services. Bayu Gagah Marketing (M) Sdn Bhd (BGM) was established in 2015 in Kedah with a vision to introduce stingless bee honey to the world. BGM is the winner of the "Bayu" brand award by The Brand Laureate as the World's Best Halal Brand. The company ensures its products comply with Total Quality Management (TQM) to preserve the purity of honey before it is bottled and marketed. BGM has also obtained HALAL, GMP and MESTI certifications as well as obtained approval for the use of the MARDI logo on its products. Bayu Gagah Marketing (M) Sdn Bhd BGM collaborates with local universities such as USM, UMT, UKM, UiTM and UNIMAS to conduct research and development (R&D) with regards to the stingless bee industry. To date, BGM has produced five articles in high impact international journals as an ouput from the R&D conducted with these universities. Recently, the company is developing the Stingless Bee Honey Grading System which is expected to be completed by the end of this year. BGM also collaborated with TERAJU and USM to innovate Stingless Beekeeping Techniques and assist B40 communities in Sarawak to market their products to local and international markets. MATRADE's exporters development programmes such as Exporters Capacity Building Programme and BWYEDP as well as the MDG have greatly assisted the company. BGM has now secured business opportunities with buyers from three countries, namely China, Japan and Taiwan and is in negotiations with two buyers from the UAE and Turkey. Through the Exporters Capacity Building Programme, BGM has also managed to establish a marketing office in Weihai, Shandong, China. YEC Chemical Compounds Sdn Bhd (YEC Chemical) is an automotive engine oil manufacturer in Malaysia. Established in 2009, the company is capable of producing 6,000MT of automotive engine oil per year to meet domestic and foreign demands. The company's persistence in promoting their products in the international market has enabled YEC Chemical Compounds to export to China. Apart from that, YEC YEC Chemical Compounds Sdn Bhd Chemical has also successfully achieved the standards set by the American Petroleum Institute by utilising high quality PETRONAS based oil with AFTON additive. In 2019, YEC Chemical participated in the Shanghai Automechanika International Trade Fair held from 3 - 6 December 2019 in Shanghai, China through the facilitation of MATRADE. The company’s first participation in Automechanika Shanghai 2019 was successful in promoting and marketing its REPCO brand to the Chinese market. YEC Chemical has successfully secured a contract from a major distributor of lubricants to be marketed in China, particularly in the Guangzhou province.

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