Transfar Group and Malaysian **Petroleum sign a strategic memorandum for cooperation in the production and sales of polybutadiene rubber

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Transfar Group Signs Strategic Memorandum of Understanding with Malaysian PETRONAS 2025-06-18 17:46:49 On June 14, at the headquarters of Malaysia’s national oil company PETRONAS, Transfar Group, along with its subsidiaries Transfar Smart Logistics and Xinan Shares, officially signed strategic cooperation memorandums of understanding with the global energy giant PETRONAS. According to the memorandum, the two parties will explore the potential for a joint venture in Benjaran, Malaysia, to build production facilities for the manufacture and sale of polybutadiene rubber, in order to serve the Southeast Asian region and global markets ； Explore potential cooperation opportunities for global market-oriented joint production and marketing of specialty downstream silicone products and solutions in China and the Southeast Asian region. At the signing ceremony, Xu Guanju, chairman of Transfar Group, said, “As a major energy company in Asia, Petronas possesses comprehensive competitiveness across the entire value chain, from upstream oil and gas exploration to downstream petrochemical products.” This partnership not only establishes a close strategic relationship between the two parties, but also provides a solid foundation for us to jointly advance the integrated development of the energy and chemical industries, achieve synergy within the industrial chain, and pursue green development in the future. ” Chuanhua Synthesis, a subsidiary of Transfar Smart Logistics, is a leading enterprise in the domestic new materials sector. Since its establishment in 2011, Chuanhua Synthesis has been dedicated to the research, development, production, and sales of synthetic new materials such as styrene-butadiene rubber; it currently operates the world’s largest factory for producing styrene-butadiene rubber monomer, with an annual production capacity of 270,000 tons. The company’s independently developed continuous production process for nickel-based/neodymium-based cis-butadiene rubber has been recognized as a first-of-its-kind technology in China, and it has secured 30 global patents, including European patents. In addition, Transfar Synthesis has also managed to break the long-standing technical monopoly held by foreign companies. Its products are sold in over 30 countries around the world, serving many of the top 25 tire manufacturers globally, and have thus established a solid reputation and market share in international markets. As one of the very few companies in the silicone industry that offers a full range of downstream silicone products including silicone rubber, silicone oil, silicone resins, and silane coupling agents, Xinan Co., Ltd. has seen rapid growth in the field of silicone end products in recent years, with over 3,000 different types of such products available. Linxin Co., Ltd. will leverage its industrial foundation and advantages in the silicone sector, and together with Petronas, taking advantage of their respective strengths in production, technology, products, distribution channels, and resources, focus on collaborating on specialty products and solutions derived from silicones. Through production cooperation, resource sharing, and channel integration, they will work together to explore markets in Southeast Asia and around the world.