MALAYSIA: BASF and Petronas break ground on highly reactive polyisobutene (HR-PIB) production plant in Gebeng
Deputy Minister of the Malaysian Ministry of International Trade and Industry, Dato' Lee Chee Leong, officiated the ground-breaking ceremony for the highly reactive polyisobutene (HR -PIB) production plant at the BASF Petronas Chemicals Sdn Bhd integrated site in Gebeng, Kuantan, Malaysia, on 17 March 2016.
The plant, which is the latest investment by the BASF and Petronas Chemicals Group Berhad’s joint venture, will be the first of its kind in South East Asia, with a total annual capacity of 50,000 metric tons of HR-PIB.
The plant is expected to start production in the fourth quarter of 2017.
Located within one of BASF’s two Verbund (integrated) sites in Asia Pacific, the new HR-PIB plant is a synergistic opportunity for backward integration that allows for greater sustainable use of raw materials, energy and technology know-how. This underpins the Verbund philosophy in ensuring high delivery reliability and maximizing efficient use of energy and feedstock.
Source: BASF Petronas Chemicals website, Gebeng, Kuantan, Pahang, Malaysia; 17 Mar 2016
(Syed Rashid Ali, Karachi, Pakistan)
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