UPDATE - MALAYSIA

+++ Fire breaks out at Petronas gas pipeline in Puchong +++ Plastics export growth to slow in 2025 / Domestic market poised for lasting development /

PETRONAS

Chemical recycling plant to be built in Malaysia / Site to use Plastic Energy pyrolysis tech / Throughput cited at 33,000 t/y

PERSTORP

Company touts “critical” step toward carbon neutrality / EU Innovation Fund Awards EUR 97 mn to Project Air

PETRONAS

Plastics recycling collaboration with ExxonMobil in Malaysia

PERSTORP

Expanded output for renewable polyols / Headquarters production to shift away from fossil sources

UPDATE - OQ CHEMICALS

Oman Oil: No denial of rumoured sale of speciality chemicals company / New COO responsible for “strategic transformation”

PETRONAS / SAUDI ARAMCO

Malaysian Rapid refinery project to be commissioned – media reports / Move comes after fire delays project

PERSTORP

Swedish speciality chemicals manufacturer to be acquired by Petronas / Deal priced at EUR 2.3 bn

MALAYSIA

Plastics market to increase 3% annually / Packaging for food, beverages to drive growth / Mordor Intelligence report

SABIC

Strong rebound in Q2 / Good strides for sales, earnings / Improvement expected in 2021

PLASTIC ENERGY

Study to build chemical recycling plant / Co-location with Viridor facility

CHEMONE

Energy group plans aromatics complex in Malaysia / Major volumes of paraxylene and benzene for the Chinese market

PETRONAS

Partnership with Plastic Energy / Study for chemical recycling plant in Malaysia

PETROCHEMICAL MARKETS

Explosion and fire at new "Rapid" refinery in Malaysia / Start-up for polyolefins production delayed

BASF

Framework agreement for Guangdong signed / Sustainability embedded in site concept / Wholly-owned cracker will produce 1m t/y of ethylene

PETROCHEMICAL MARKETS

"Rapid" refinery and integrated petrochemical complex starts up in Malaysia / Major project by Petronas and Saudi Aramco

BASF

MoU with Sinopec for expansion at Nanjing / New cracker planned for 1m t/y of ethylene capacity

LOTTE

Third PP plant on stream in Malaysia

IRAN

Petrochemicals comeback stalls / US and Europe pull in different directions / Sanctions torpedo Western players' plans for re-engagement

BASF

Second China “Verbund” site planned for Guangdong / Company's third largest globally

SAUDI ARAMCO

Equity stake in Petronas' “Rapid” project agreed / USD 7 bn for new refinery in Malaysia

PETRONAS

Engineering contract awarded for Malaysia HDPE project / Completion expected in Q3 2019

PETRONAS

Engineering contractors appointed for Malaysia LLDPE and PP projects / Start-up expected by early 2019

POLYETHYLENE

Low-pressure production: HDPE and LLDPE output linked / Number of global swing plants rising / European lines no longer competitive / Local converters increasingly dependent on imports / Exclusive PIE report

PETRONAS

LyondellBasell PP licenses acquired for RAPID project