BASF and PETRONAS will commence a feasibility study for a new plant for superabsorbent polymers. The new investment will be part of their joint venture BASF PETRONAS Chemicals Sdn Bhd., Gebeng Industrial Zone, Pahang, Malaysia.
The companies have also decided to look into the expansion of the existing production capacities of BASF PETRONAS Chemicals Sdn Bhd., which produces specialty chemicals and was founded in 1997. The company’s share of capital is 60 % held by BASF and 40 % by PETRONAS with a total investment of about RM3.4 billion for production facilities for acrylic monomers, oxo products and butanediol.
