1 / 2

BASF Petronas Chemicals to Permanently Shut Butanediol and Derivatives Plant in Kuantan, Directing a Shift to its Busine

ChemAnalyst predicts that the closure of BPCu2019s Butanediol plant may not hinder the regional supply but can adhere severe effects to the importing countries based in Asia and Europe. However, with consistent addition and expansion of existing capacities, these effects might nullify in the long run.

chemanalyst
Download Presentation

BASF Petronas Chemicals to Permanently Shut Butanediol and Derivatives Plant in Kuantan, Directing a Shift to its Busine

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. E-mail : info@chemanalyst.com | website : www.chemanalyst.com/ BASF Petronas Chemicals to Permanently Shut Butanediol and Derivatives Plant in Kuantan, Directing a Shift to its Business Portfolio Aiming to restructure its business portfolio for sustained growth, BASF Petronas Chemicals Sdn Bhd (BPC) has announced a permanent turnaround at it Butanediol (BDO) and derivatives plant at Kuantan, Malaysia by March 2021. Get more info : https://www.chemanalyst.com/NewsAndDeals/NewsDetails/basf-petronas- chemicals-to-permanently-shut-butanediol-and-derivatives-plant-in-kuantan- directing-a-shift-to-its-business-portfolio-3408 BDO and its derivatives are widely utilized to produce polyurethanes, engineering plastics, elastic spandex fibres, and solvents. Consistent capacity additions in the region due to latest investments in advanced coal based BDO manufacturing sites compelled the company to undertake a strategic shift that intends at expanding its future profit margins. For a smooth transition, the company is currently reaching out in support from all its existing customers, meanwhile it is also assuring consistent survive of its other products, promising stability. BASF Petronas Chemicals (BPC) based in Malaysia is a joint venture between BASF and Petronas Chemicals Group Berhad (PCG). Supporting the closure, Managing Director CEO of PCG called it a well-versed move will allow the company for a favourable shift to new segments showcasing potential growth. In addition, the closure is in line with PCG’s mega expansion plans including the setup of specialty chemicals segments and innovating the existing ones using advanced technologies. --2--

  2. E-mail : info@chemanalyst.com | website : www.chemanalyst.com/ ChemAnalyst predicts that the closure of BPC’s Butanediol plant may not hinder the regional supply but can adhere severe effects to the importing countries based in Asia and Europe. However, with consistent addition and expansion of existing capacities, these effects might nullify in the long run. About Us ChemAnalyst is a ‘one stop’ digital platform that offers comprehensive market intelligence data and in-depth analysis of the Indian chemical and petrochemical industry. ChemAnalyst’s team of 100+ analysts are engaged in tracking chemical prices daily, production capacity, demand and supply outlook, manufacturing plant locations, foreign trade data and news/deals for more than 400 major chemicals produced in India. ChemAnalyst is promoted by TechSci Research which is an award winning research based management consulting firm providing market research and advisory solutions to the customers worldwide, spanning a range of industries including Chemicals & Material, Automotive, Consumer & Retail, ICT, Energy & Power, Aerospace & Defense, Water and Waste Management, BFSI and more For more information, please visit us at www.chemanalyst.com Contact Us: Nilesh Vishwakarma B-44 Sector-57 Noida, National Capital Region Tel: 0120-4523948 Mob: +91-8882336899 Email: info@chemanalyst.com

More Related