News

KUALA LUMPUR: Petronas Chemicals Bhd expects to reach a final investment decision on its joint venture with Germany's BASF for its plant expansion in Gebeng, Kuantan by year-end.
Malaysian state energy company Petronas and Italian energy group Eni said on Tuesday they were pressing ahead with a planned joint venture to develop gas assets in Indonesia and Malaysia with the ...
KUALA LUMPUR: Germany's BASF and Petronas Chemicals Bhd will invest US$500mil (RM1.5bil) to expand their operations at Gebeng, Kuantan to manufacture products for the global flavour and fragrance ...
Described by Petronas as “greater in scale and scope” than its Melaka, Kertih, and Gebeng complexes combined, Rapid is expected to turn Johor into another major petroleum and petrochemical ...
FRANKFURT -- Chemicals giant BASF (IW 1000/33) said Thursday it is teaming up with Malaysian partner Petronas Chemicals Group to invest $500 million in an aroma ingredients production facility. The ...
Malaysia's national oil company Petronas has raised $323.2 million to fund petrochemical projects via a term loan facility provided by a syndicate of financial institutions in ...
KUALA LUMPUR, June 5 — Petronas will cut about 10 per cent of its workforce as part of a major restructuring to reduce costs amid falling crude oil prices, financial news agency Bloomberg ...
Malaysia’s Petronas is evaluating a sale of its shale oil asset in Argentina, a move that would complete its exit from the country’s booming Vaca Muerta fields as several international ...
German chemicals giant BASF said Thursday it is teaming up with Malaysian partner Petronas Chemicals Group to invest $500 million (385 million euros) in an aroma ingredients production facility. The ...
The plant, to be built in Gebeng, will be operational in 2016 and employ 110 people, BASF said in a statement.
The Pahang state government has clarified that the sale of industrial land in Harbour Bay, near Gebeng, to a private company was on a 99-year leasehold basis, not as freehold ownership.
KUALA LUMPUR, June 13 (Bernama) -- Petronas Chemicals Group Bhd (PCG) has reached the final investment decision (FID) to fully acquire the 113 kilo-tonnes per annum maleic anhydride (MAn) plant ...