BASF PETRONAS Chemicals Sdn Bhd 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 petrochemical 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.
In April 2014, the company broke ground on its new Integrated aroma ingredients complex which will house facilities to produce citral, citronellol and L-menthol. The aroma ingredients produced will be used as flavors and fragrances for the food & beverages, fabric and homecare and personal care industries.
The MYR1.5 billion (approx. $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 Asia Pacific for the world-wide supply of aroma ingredients.