MSM Trading International DMCC (MSM Dubai), established in 2015, is the trading arm of MSM Malaysia Holdings Berhad (MSM), Malaysia’s leading refined sugar producer with a strong presence in South East Asia. The Dubai based trading hub received its trading license from the Dubai Multi Commodities Centre (DMCC).
Its principal business is to undertake sugar trading activities, both in raw and refined sugar to cater for the growing demand in the region, in particular the Middle East & North Africa (MENA) and neighbouring Asia Pacific (APAC) region.
The setup of MSM Dubai will be supported by a representative office located in Indonesia. It is expected to anchor growing demands in the region while ramping up domestic and export sales with competitive pricing to neighbouring countries such as Singapore, Indonesia and other APAC countries.
The Dubai venture is expected to build on the capabilities of MSM towards becoming a global brand with a distinctive international structure. With the expansion of its geographical footprint, the intent of increasing the efficiency, quality and services in the sugar supply chain will be more effective.
MSM Sugar Refinery (Johor) Sdn. Bhd. (MSM Johor), a subsidiary of MSM Malaysia Holdings Berhad (MSM) operates MSM’s new sugar refinery based in Tanjung Langsat, Johor which is set to be the largest standalone sugar refinery in Malaysia. Erected on a 50.63 acre land plot, the integrated complex is under development for Phase 1 - to build and operate a 3,000 tonnes per day of refined sugar output (RSO) contributing of up to 1 million MT on the Group’s annual production capacity. This is set to be fully commissioned by mid year of 2018. Upon increase in demand, expansion of Phase 2 shall commence by 2025. The combined annual production capacity of Phase 1 and Phase 2 is capable for up to an astounding 2 million MT, strengthening MSM’s position as one of the leading refined sugar producer in the region. With an investment of approximately USD $259 million for the development of Phase 1, this magnifies the Group’s confidence to showcase its ability towards MSM’s 53 years of talented expertise and experience in sugar refining and skilled management. Upon completion and full commissioning of MSM Johor, the total group production capacity will increase of up to 3.25 million MT per annum. One of MSM Johor’s salient point enables capacity building which translates to competitive pricing on end products. This allows MSM to foray into neighbouring countries, further strengthen the Group’s domestic market share and transform Malaysia into a regional hub for high quality refined sugar. Significantly, MSM Johor is seen to be a key growth driver for MSM Group to realize its mission in becoming one of the top 10 global sugar player by 2020.