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14 Current news of Petronas
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Perstorp to be acquired by PETRONAS
19-May-2022
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 company ...
BASF and PETRONAS to build 2-Ethylhexanoic acid production plant
Startup planned in Q4 2016
19-Feb-2015
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 the ...
Clariant and PETRONAS sign licensing collaboration
28-Mar-2014
Clariant and PETRONAS Technology Ventures Sdn Bhd announced that they have entered into a licensing Term Sheet Agreement. The licensing collaboration term sheet was formalised at a signing ceremony held at the Kuala Lumpur Convention Centre, in conjunction with the Offshore Technology ...
BASF and PETRONAS Chemicals Group to build an aroma ingredients complex in Kuantan
First plants of integrated project operational in 2016
26-Apr-2013
BASF and PETRONAS Chemicals Group Berhad (PCG) intend to invest USD 500 million (MYR 1.5 billion) in an integrated aroma ingredients project at their existing joint venture site BASF PETRONAS Chemicals in Gebeng, Kuantan. With this investment, the partners will help meet the globally growing ...
PETRONAS and Evonik Industries sign Letter of Intent for projects in Rapid Project
25-Jan-2013
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 ...
PETRONAS and BASF terminate Heads of Agreement for joint project in Pengerang
22-Jan-2013
BASF and PETRONAS announced that the Heads of Agreement (HoA) between the two parties for a joint speciality chemicals venture within PETRONAS’ Refinery & Petrochemical Integrated Development (RAPID) project in Pengerang, Johor, has been terminated by mutual agreement. The HoA was signed on March ...
Petronas and LanzaTech to Recycle CO2 into Sustainable Chemicals
16-Oct-2012
LanzaTech, a producer of low-carbon fuels and chemicals from waste gases, and PETRONAS, the national oil company of Malaysia will work together to accelerate the development and commercialization of technologies to produce sustainable chemicals from carbon dioxide (CO2) and natural gas. The ...
PETRONAS and BASF move ahead with expansion of partnership
08-Mar-2012
PETRONAS and BASF have taken the next steps in the development of the previously announced €1 billion investment that will expand their partnership in Malaysia, involving projects at their existing venture in Kuantan and at a new site within PETRONAS’ proposed Refinery & Petrochemical Integrated ...
BASF and PETRONAS expand joint venture activities in Kuantan
Feasibility study for a new super absorbent polymers plant
30-Mar-2011
BASF and PETRONAS will commence a feasibility study for a new plant for superabsorbent polymers. The companies have also decided to look into the expansion of the existing production capacities of their joint venture BASF PETRONAS Chemicals Sdn Bhd. “Our joint venture BASF PETRONAS Chemicals ...
PETRONAS and BASF sign MoU to explore new joint investment: World-scale production of specialty chemicals
08-Dec-2010
BASF and PETRONAS signed a Memorandum of Understanding to undertake a joint feasibility study to produce specialty chemicals in Malaysia, a move that would extend the two parties’ existing business collaboration in the country. The partners are considering a potential joint investment sum of ...
