Petronas sets Malaysia petrochemical projects

摘要

Malaysia's state-owned oil and gas firm, Petroliam Nasional (Petronas), has made two bold moves to further diversify into petrochemicals and capitalize on the nation's growing petrochemicals demand. It signed a letter of intent with Union Carbide to build Asia's first ethane/propane cracker—also Carbide's first major venture in the region. And it created a joint venture with the Japanese trading firm Mitsubishi Corp. to build Malaysia's first aromatics project.