By Malini Hariharan How many projects is Petronas Chemical planning? Last week the blog had covered an ICIS news report which referred to a study on 1m tonnes/year ethane cracker and derivative units at Kerteh. Now a report from UBS says Petronas Chemical is looking at making operational improvements at its two existing crackers at […]
Asian Chemical Connections
Petronas mulls cracker at Kerteh
By Malini Hariharan There is finally some movement at Petronas. After last month’s joint announcement with BASF on a study for a Euro1bn investment in speciality chemicals, news has emerged that the Malaysian major is also exploring the feasibility of a new petrochemical complex at Kerteh. The complex would have a 1m tonnes/year ethane cracker […]
When Does Consolidation Become A Strategic Problem?
All our yesterdays… the ICI Runcorn site in its heyday Source of picture: Chesterchronicle.co.uk By John Richardson Yesterday’s blog post on Petronas illustrates once again how the state-owned giants, albeit in this case one that is about to undergo a partial IPO, are increasingly dominating the global petrochemicals industry. The history of the […]
A sleeping giant awakens
By Malini Hariharan It’s a question that has puzzled many – why has Petronas, the state-owned Malaysian oil and gas major, not made any effort to scale up its petrochemicals business in the last five years. But there are signs that this is changing. Petronas has spun off the petrochemicals operations into a new company […]
Petronas Restructuring Details Emerge
Petronas seeks to scale new heights Source of picture: www.mir.com By John Richardson MORE details have emerged concerning the major restructuring taking place at Petronas, the Malaysian state-owned oil, gas, refining and petrochemicals major. Vice-presidents have being appointed to head new downstream (refining and petrochemicals), upstream (exploration and production) and finance divisions, a source familiar […]
Jump to page: