PETRONAS and Evonik Industries AG signed a Letter of Intent (LOI) to jointly embark on the development of production facilities of specialty chemicals within PETRONAS’ Refinery & Petrochemical Integrated Development (RAPID) project in Pengerang, Johor.
Under the LOI, the two parties will endeavour to form a partnership to jointly own, develop, construct and operate facilities for the production of hydrogen peroxide, C4 co-monomer and oxo-products within RAPID.
The plants are expected to have the capacity to produce 250,000 metric tons of hydrogen peroxide, 220,000 metric tons of isononanol and 110,000 metric tons of 1-butene annually. The hydrogen peroxide will be used on site to produce propylene oxide by the licensed, eco-friendly HPPO process Evonik had jointly developed with ThyssenKrupp Uhde. These projects are expected to come on stream in 2016.
"The entire project is set to mark another milestone in our growth strategy in the Asian market," said Dr. Dahai Yu. "This is why we’re seeking for a strong long-term strategic partner like PETRONAS."
The oxo-alcohol INA is a precursor of the plasticizer DINP (diisononyl phthalate), which is used in soft PVC production. The most important markets and end applications are films, wallpapers, and floorings, in addition to cables and automotive applications.
1-butene is used as a co-monomer for production of the plastic polyethylene. The most important growth regions for 1-butene are China, South-East Asia, the Middle East, and Europe.
Hydrogen peroxide is used as a bleaching agent in the paper and textile industries and for eco-friendly oxidation and disinfection.
PCG completes acquisition of Perstorp
Perstorp announced that it has been acquired by PETRONAS Chemicals Group Berhad (PCG), Malaysia´s leading integrated chemicals provider and part of PETRONAS Group, on 11 October 2022. In May this year, PCG signed a Securities Purchase Agreement with Financière Forêt S.à.r.l, a company under ... more
Perstorp to be acquired by PETRONAS
Perstorp Group said that it is to be acquired by PETRONAS Chemicals Group Berhad (PCG). PCG announced that it has signed a Securities Purchase Agreement on 14 May 2022 to acquire the entire equity interest in Perstorp Holding AB. The agreement was signed with Financière Forêt S.à.r.l, a com ... more
BASF and PETRONAS to build 2-Ethylhexanoic acid production plant
BASF and PETRONAS Chemicals Group Berhad (PCG) will build a new world-scale production plant for 2-Ethylhexanoic Acid (2-EHAcid) at the site of their existing joint venture, BASF PETRONAS Chemicals, in Kuantan, Malaysia. The construction of this plant, which will be the first of its kind in ... more
Performance boost for electromobility: Evonik invests in Chinese battery expert
Evonik has invested in battery specialist SuperC. The Chinese company is a technological leader in graphene materials that improve the range, robustness, charging speed, and service life of lithium-ion batteries. This can solve key limitations of electric vehicles and accelerate the shift t ... more
PlasCO₂ project: Greenhouse gas transformed into a raw material
Evonik has launched the PlasCO2 project together with three partners. The aim is to use carbon dioxide (CO2) as a raw material in the production of C4 chemicals. The German Federal Ministry of Education and Research is funding the project with more than €1.8 million. PlasCO2 stands for 'Pla ... more
Evonik sells TAA derivatives business to SABO
With the sale of its TAA derivatives business to SABO, Evonik is taking the next step in focusing its portfolio on specialty chemicals. The Italian chemical company is one of the world's leading manufacturers of light stabilizers, for which TAA derivatives are a raw material. On the sales p ... more
We have been involved in developing methacrylates and acrylates since 1907. These substances are among the most versatile and efficient building blocks of macromolecular chemistry. Their properties make (meth)acrylates the first choice for many applications. From hard to soft, hydrophobic ... more
