Texchem Resources Bhd president and group chief executive officer Dr Yuma Konishi
GEORGE TOWN: Texchem Resources Bhd
will grow its polymer engineering and industrial divisions in 2025 in its effort to tap into the expanding medical, life sciences and wafer semiconductor segments.
President and group chief executive officer Dr Yuma Konishi told StarBiz that the group plans to create synergies between its manufacturing and distribution divisions to widen its product portfolio.
“In 2025, we will harvest the rewards from data memory, data storage, and medical and life sciences-related products that have been successfully launched in the past few years,” he stated.
“Malaysia has also benefitted from substantial foreign direct investment in data centres, semiconductors and medical technology industries.
“We are excited about the potential synergistic impact on our polymer and industrial divisions,” he added.
Konishi noted that Texchem’s collaboration with global fast-moving consumer goods brand owners uniquely positioned the group to drive sustainability with its proprietary product, TEXa – a bio-composite material developed and manufactured in Malaysia.
This aligns with environmental, social and governance challenges, offering solutions that support the circular economy.
“In the medical and life sciences segment, the group will further focus on single-use medical device contract development and manufacturing as our strategic business model.”
He said the group will also focus on the data memory and semiconductor sectors through its series of innovative cleanroom static control packaging products, namely the Wafer Shipper.
“The product’s polymer processing technologies and patented designs will meet the growing demands and needs of the artificial intelligence and data industries, domestically and globally,” he added.
For its industrial trading division, Konishi highlighted that the group will continue to strengthen its long-established business relationships with principals and customers.
The industrial segment focuses on the distribution of chemical products.
“We will help our principals penetrate the Asean markets. That is the reason why they work with us.
“Our strength is our market presence, and we know the market very well. As such, we will work on broadening our products and customers.
“We plan to expand our operations in Indonesia and want to grow geographically in Asean.
“We are currently exploring some options at this stage,” he explained.
According to Konishi, the group expects continued challenges in its food division, primarily driven by foreign-exchange controls in Myanmar.
“While Myanmar remains a relevant country of operation, we recognise the need to manage our risk for business sustainability.
“That is why the natural path is to look at operating from Thailand.
“Thailand has the necessary infrastructure, and its fishery industry is mature.
“We will start by working with a contract manufacturer to move towards a longer-term collaboration.
“However, we need to meet our customers’ high standards, which takes careful planning and resource allocation,” Konishi said.
Besides marine product processing, the group operates a food processing plant in Prai, which serves as the central kitchen for its restaurant chains and external parties.
“We will work on developing ready-to-eat and ready-to-cook products to cater to the current lifestyle needs,” he stated.
Konishi noted that the group plans to strengthen the Sushi King brand, a process that will take time due to its scale.
“The necessary structures are in place. Sushi King has a strong base of over 1.2 million members.
“And the group has witnessed consistent growth in its member base and transactions year after year.
“Our renewed investment in brand building, brand loyalty, top-of-mind awareness and brand relevance will help us capture new customers and keep loyal customers coming back,” he said.
