Nanyang New Development Limited (formerly Matex International Limited) is a distinguished Singapore Exchange (SGX)–listed corporation boasting over three decades of leadership and innovation in the fine chemicals industry.
A Legacy of Innovation & Industry Modernization
● 1993 (Strategic Entry): Partnered with local collaborators to make a pioneering investment in Shanghai Matex Chemicals Co., Ltd., located in Pudong, Shanghai (60% owned by NYND).
● Technology Pioneer: Successfully introduced and localized internationally advanced Type-B bifunctional reactive dye technology. This milestone laid the foundational groundwork for modernizing China’s textile printing and dyeing industry.
● 2004 (Market Leadership & IPO): Emerged as a dominant force in China’s reactive dye sector and successfully listed on the Singapore Exchange, accelerating its global expansion.
Strategic Integration & Future-Ready Growth
● 2017 (Subsidiary Establishment): Launched Matex Chemical Technology (Shanghai) Co., Ltd. as a wholly owned subsidiary to further deepen market presence.
● 2025 (Value Chain Consolidation): Executed a comprehensive strategic integration of industrial resources. The company consolidated its core operations and transferred the key components of its full dye industry value chain into this central entity.
Global Reach & Technical Excellence
● World-Class Talent: Built a robust Research & Development team comprised of PhD holders, master’s degree graduates, and senior engineers.
● Global Footprint: Seamlessly provides advanced technical support and product innovation to international operations spanning Singapore, Malaysia, and other key global regions.
Founded Shanghai Matex Chemicals
Reached a leading position in China's reactive dye industry Successfully listed in Singapore
Established Matex Chemical Technology (Shanghai) Co., Ltd.
Nanyang New Development Limited Stock Code
Business network covering nearly 40 countries and regions worldwide
