Duisberg,Germany-PCC and Petronas are setting up a 50:50 partnership for the joint production of oxyalkylates in Malaysia.PCC is to sell 50 of the shares in its subsidiary PCC Oxyalkylates Malaysia to the Petronas Chemical Group(PCG),thus gaining greater access to the south-east Asian and Asia-Pacific markets.The plan is to construct a new production plant at PCG's Kerteh Integrated Petrochemical Complex in Terengganu,Malaysia.The products it will manufacture will include poly-ether polyols for the polyure-thane market.
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