PRTODAY / NewswireToday Free press release distribution service network

Written by / Agency / Source: BASF

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

BASF and PETRONAS to Build Polyisobutene Production Plant in Kuantan, Malaysia - BASF and PETRONAS Chemicals Group Berhad (PCG) will build a new world-scale production plant for highly reactive polyisobutene (HR-PIB) at the site of their existing joint venture, BASF PETRONAS Chemicals Sdn Bhd, in Kuantan, Malaysia - BASF-PETRONAS.com
BASF and PETRONAS to Build Polyisobutene Production Plant in Kuantan, Malaysia

 

NewswireToday - /newswire/ - Kuantan, Malaysia, 2015/07/21 - BASF and PETRONAS Chemicals Group Berhad (PCG) will build a new world-scale production plant for highly reactive polyisobutene (HR-PIB) at the site of their existing joint venture, BASF PETRONAS Chemicals Sdn Bhd, in Kuantan, Malaysia - BASF-PETRONAS.com. DE000BASF111

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Manufacturing/Robotics Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

• World-scale plant for highly reactive polyisobutene (HR-PIB) with annual capacity of 50,000 metric tons;
• Start-up planned for fourth quarter 2017;
• First such plant in South East Asia.

The plant, which will be the first of its kind in South East Asia, with a total annual capacity of 50,000 metric tons of HR-PIB, is expected to start production in the fourth quarter of 2017. HR-PIB is an important intermediate product for the manufacturing of high performance fuel and lubricant additives, including additives for sludge prevention.

“Leveraging excellence in technology will be an important factor in accelerating future profitable growth globally and especially in Asia,” said Dr. Christian Fischer, President of BASF’s Performance Chemicals division. “With this investment, we are building on the solid, long-term relationship with our strategic partner PETRONAS.”

BASF PETRONAS Chemicals’ fully integrated Kuantan site is one of BASF’s two Verbund sites in the Asia Pacific region. According to Fischer, the joint investment with BASF’s partner PCG at the Kuantan Verbund site will further increase security of supply for HR-PIB, especially for the Asian market. The new plant will further strengthen the global footprint of BASF as the leading supplier of this product.

“The investment marks another significant milestone in the development of the Kuantan site as a leading specialty chemicals hub in the Asia Pacific region, in line with PCG’s strategy to diversify into specialty chemicals and solutions,” said Datuk Sazali Hamzah, President and Chief Executive Officer of PETRONAS Chemicals Group Berhad. “It also strengthens the presence of highly advanced and forward oriented technologies and expertise in Malaysia and the region.”

BASF has over seventy years of experience in the manufacturing of HR-PIB. Besides the new plant in Asia, the company operates production facilities for HR-PIB at its Verbund sites in Ludwigshafen, Germany and Antwerp, Belgium, and within a joint venture with Sinopec YPC in Nanjing, China. BASF offers the broadest range of polyisobutenes in the market with different molecular weights which are marketed by the global business unit Fuel and Lubricant Solutions under the brand names of Oppanol® and Glissopal®.

BASF and PCG founded their joint venture BASF PETRONAS Chemicals in 1997. BASF PETRONAS Chemicals operates an integrated complex situated at the Gebeng Industrial Zone, Kuantan, Pahang.

In addition to the proposed plant, BASF PETRONAS Chemicals is also building two plants at its Kuantan site namely an integrated aroma ingredients complex for the manufacturing of citronellol, L-menthol as well as citral and its precursors which are widely used in the flavour and fragrance industry; and a 2-ethylhexanoic acid (2-EHA) production plant for the manufacturing of 2-EHA compound for the production of synthetic lubricants as well as oil additives. It is also used for functional fluids like automotive coolants, metal salts for paint dryers, plasticizers, stabilizers, catalysts and other applications in various industries.

About BASF PETRONAS Chemicals Sdn Bhd
BASF PETRONAS Chemicals (basf-petronas.com.my) is a Malaysian-based joint venture between BASF SE and Petroliam Nasional Berhad (PETRONAS), Malaysia’s National Oil Company, under its subsidiary PETRONAS Chemicals Group (PCG). Incorporated in 1997, the company operates an integrated complex situated at the Gebeng Industrial Zone, Pahang. The company’s share of capital is 60% held by BASF SE and 40% by PCG with a total investment of about RM3.4 billion (US$900 million) in production facilities for Acrylic monomers, Oxo Products and Butanediol. The range of chemicals produced by BASF PETRONAS Chemicals meet the growing demand in various industries including plastics, adhesives, lacquers, dyestuff, automobile and industrial coatings, paper, diapers, water treatment, textile and leather. April 2014 saw the groundbreaking of a new Integrated Aroma Ingredients Complex which will house facilities to produce Citral, Citronellol and L-menthol. The Aroma Ingredients produced will be used as flavours and fragrances for the food & beverages, fabric and homecare and personal care industries. The MYR1.5 billion (approx. US$500 million) complex will be developed in phases where the first plants of the complex are expected to come on-stream in 2016. This cutting edge technological investment will make Malaysia an important hub in the Asia-Pacific region for the world-wide supply of Aroma Ingredients. More information is available on our website

About BASF
At BASF (basf.com), we create chemistry and have been doing so for 150 years. Our portfolio ranges from chemicals, plastics, performance products and crop protection products to oil and gas. As the world’s leading chemical company, we combine economic success with environmental protection and social responsibility. Through science and innovation, we enable our customers in nearly every industry to meet the current and future needs of society. Our products and solutions contribute to conserving resources, ensuring nutrition and improving quality of life. We have summed up this contribution in our corporate purpose: We create chemistry for a sustainable future. BASF had sales of over €74 billion in 2014 and around 113,000 employees as of the end of the year. BASF shares are traded on the stock exchanges in Frankfurt (BAS), London (BFA) and Zurich (AN).

About PETRONAS Chemicals Group Berhad (PCG)
PETRONAS Chemicals Group Berhad (petronas.com.my) is the leading integrated chemicals producer in Malaysia and one of the largest in South East Asia. It operates a number of world class production sites, which are fully integrated from feedstock to downstream end-products. With a total combined production capacity of over 10 million metric tons per annum (mtpa), it is involved primarily in manufacturing, marketing and selling a diversified range of chemical products, including olefins, polymers, fertilisers, methanol and other basic chemicals and derivative products. Listed on Bursa Malaysia and with three decades of experience in the chemicals industry, PCG is established as part of the PETRONAS Group to maximise value from Malaysia’s natural gas resources.

Media contacts
Ahmad Faiz Dato' A Rahman - PCG
P: +603-2331 9020 / M: +6012-3211679
E: afaiz_rahman[.]petronas.com.my

Alexander Heusener - BASF
P: +49 621 60 92101 / M: +49 173 3799116
E: alexander.heusener[.]basf.com.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Manufacturing/Robotics Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Written by / Agency / Source: BASF

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick Newswire Today Visibility Checker

 

Distribution / Indexing: [+] / [Company listed above is a registered member of our network. Content made possible by PRZOOM / PRTODAY indexing services]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Manufacturing/Robotics articles,
CATCH Visitors via Your Competitors Announcements!


BASF and PETRONAS to Build Polyisobutene Production Plant in Kuantan, Malaysia

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name Newswire Today and LINK as the source.
 
  Is this your article?
Activate ALL web links and social stream by Upgrading to Press Release PREMIUM Plan Now!

BASF | PETRONAS Chemicals Group
Publisher Contact: Sabrina van der Pütten - BASF.com 
+49 621 6071233 / +49 173 3796836 (mobile) sabrina.van-der-puetten[.]basf.com
 
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any BASF securities in any jurisdiction including any other companies listed or named in this release.

Manufacturing/Robotics via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From BASF / Company Profile


Read Manufacturing/Robotics Most Recent Related Newswires:

Tripp Lite Introduces A New Series of Pre-assembled 40 Gb to 10 Gb Breakout Fiber Patch Panels
Borealis and Asmidal Sign Memorandum of Understanding to Jointly Evaluate Opportunities for Melamine Production in Algeria
SCHOTT’s New Ultra-Thin Glass is the Thinnest, Toughest, Most Eco-Friendly Glass for Consumer Electronics
Hexagon Manufacturing Intelligence Supplies PTB with Leitz PMM-G
Atlas Copco Completes Acquisition of Chinese Self-pierce Riveting Solutions Business
SCHOTT Introduces Superior X-ray Imaging with SCHOTT’s Fiber Optic Faceplates and BOROFLOAT® Glass
PPG Wins Big At 2016 SEMA Show PPG-painted Cars, Trucks Capture Major Awards
Tripp Lite’s Breakthrough 3-Phase Rack ATS PDUs Granted U.S. Patent
Nexans Launches PVC-free MOTIONLINE® HALEX Automation Cables
Volkswagen and BASF Present 'Science Award Electrochemistry' to Dr. William Chueh from Stanford University, California
ITT's Cannon Brand to Introduce Versatile Modular Connector Interface for Heavy Equipment At Bauma China 2016
BASF to Divest Inorganic Specialties Business
PPG Coatings Systems Selected by Airbus for A350-1000 Launch Aircraft
Frost & Sullivan Acclaims Huawei’s Rise to Eminence in the Global Modular UPS Market
BASF Plans A Stepwise Capacity Increase of its North American MDI Production

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  JobsWare.com

Visit  NAKIVO, Inc.





 
  ©2016 Newswire Today — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are NOT affiliated with USA TODAY (usatoday.com)