April 20, 2014 4:45 AM ET

Chemicals

Company Overview of BASF Petronas Chemicals Sdn. Bhd.

Company Overview

BASF Petronas Chemicals Sdn. Bhd. engages in producing and marketing chemical products. It offers acrylic monomers, such as glacial acrylic acids, butyl acrylates, and 2-ethyl hexyl acrylate for adhesive, paper, construction, and coating industries and applications; and plasticizers, including dioctyl phthalates for automotives and household flooring, coatings, wire and cable, footwear, and polyvinylchloride (PVC) packaging sheets industries. The company also provides butanediol and derivatives, including butanediol, tetrahydrofuran, and gamma-butyrolactone for engineering plastics, polyurethane, hot melt adhesives, active pharmaceutical ingredients, PVC or polyurethanes, textiles and garmen...

2 Jalan U8/87 Seksyen U8

Bukit Jelutong

Shah Alam,  40706

Malaysia

Founded in 1997

Phone:

60 3 7841 2200

Fax:

60 3 7846 6624

Key Executives for BASF Petronas Chemicals Sdn. Bhd.

Managing Director
Age: 46
Compensation as of Fiscal Year 2013.

BASF Petronas Chemicals Sdn. Bhd. Key Developments

PETRONAS Chemicals Group Berhad and BASF Nederland BV Agree to Invest RMB 1.5 Billion in an Integrated Aroma Ingredients Complex in Gebeng, Kuantan

PETRONAS Chemicals Group Berhad (PCG) and BASF Nederland BV (BASF) have agreed to invest RMB 1.5 billion in an integrated aroma ingredients complex in Gebeng, Kuantan. Subsequently, the Final Investment Decision (FID) has been approved by the Board of BASF-PETRONAS Chemicals Sdn Bhd (BPC). BPC is the existing joint venture between BASF and PCG; with 60% and 40% shareholding respectively, which operates an integrated complex in Gebeng, Kuantan for the production of acrylic monomers, oxo products and butanediol. The investment by both parties in the Project will be in accordance with their respective shareholdings in BPC. The project comprises the development of a Citral and precursor plant complex, which will be integrated with the existing facilities of BPC located in Gebeng, Kuantan. The project will also include a new world-scale plant to manufacture Citronellol and L-menthol, and will be developed in phases with the first plant expected to come on stream in 2016. The project will allow the parties to meet the globally growing demand of customers in the flavour and fragrance industry, especially in Asia. In addition, the project is part of PCG’s overall growth strategy, and complements the company’s expansion strategy into specialty chemicals.

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