IPI was glad to have Minister of State for Trade and Industry, Mr Teo Ser Luck visit one of its clients, Matex International on 15 July 2014. It was singled out as one of the SMEs that continuously innovates and acquires new capabilities to grow global business through collaborations.
Matex International is a home grown SGX-Main board listed Specialty Chemical Company that makes, formulates and distributes its products and services across various industries globally.
As a forward looking SME that believes in commercially viable research and developments (R&D), and aims to translate these efforts to become a world leader in clean colour science technologies and solutions.
“From inception in 1989, we have recognised the need to develop sustainable, low-carbon impact and effective dye and chemical solutions to vastly reduce the impact on environment as textile dyeing process is a major cause of industrial fresh water pollution around the world,” said Dr Alex Tan, CEO & Managing Director of Matex.
Of recent, its flagship product ranges like Megapro System can help reduce 25% and more water usage and can result in one-third less time at least compared to conventional systems. In its relentless mission to develop eco-friendly products, it was awarded “Specialty Chemicals Company of the Year by Frost & Sullivan in their Singapore Excellence Awards 2013 and named a finalist in the Singapore Sustainability Award (Green Technology) in 2012.
Although it has a strong in-house R&D capability, the other reason for Matex’s success today is the willingness to co-invest and collaborate with partners to find solutions.