BASF and PETRONAS has signed a Memorandum of Understanding to undertake a joint feasibility study for new complex producing specialty chemicals in Malaysia worth MYR 4 Billion. The partnership is said to leverage on the existing BASF-Petronas Chemicals joint venture plant in the Malaysian Pahang state.
Petronas and BASF will both evaluate the technical, commercial and economic viability of jointly owning and operating world-scale facilities for the production of specialty chemicals. The scope is said to include C4 based specialty chemical products including non-ionic surfactants, methanesulfonic acid and iso-nonanol.
Petronas and BASF will both evaluate the technical, commercial and economic viability of jointly owning and operating world-scale facilities for the production of specialty chemicals. The scope is said to include C4 based specialty chemical products including non-ionic surfactants, methanesulfonic acid and iso-nonanol.
