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PETRONAS ChemicalsGroup Berhad
C O R P O R A T E P R O F I L E
PETRONAS Chemicals Group Berhad (459830-K)
Tower 1, PETRONAS Twin Towers,Kuala Lumpur City Centre,
50088 Kuala Lumpur, MalaysiaTel: 03-2051 5000 Fax: 03-2051 1501
Website: www.petronaschemicals.com
The Preferred Chemical CompanyProviding Innovative Customer Solutions
OURVISION
PETRONAS CHEMICALS GROUP BERHAD (PCG)is the leading integrated chemicals producer in Malaysia and one of the largest in Southeast Asia. It operates a number of world-class production sites, which are fully and vertically integrated from feedstock to downstream end-products.
With a total combined production capacity of over 12 million metric tonnes per annum (mtpa), it is involved primarily in manufacturing, marketing and selling a diversified range of chemical products, including olefins, polymers, fertilisers, methanol and other basic chemicals and derivative products. Listed on Bursa Malaysia and with three decades of experience in the chemicals industry, PCG was established as part of the PETRONAS Group to maximise value from Malaysia’s natural gas resources.
PCG is one of the top 10 companies in the FTSE4Good Bursa Malaysia (F4GBM) Index, out of 200 largest companies ranked by market capitalisation. It is committed to ensuring that its business practices are in line with globally recognised standards for Environment, Social & Governance (ESG) practices.
PCG ATA GLANCE
QUICKFACTS
THE GROUP COMPRISES 30 SUBSIDIARIES, JOINT VENTURES AND ASSOCIATE COMPANIESPRODUCING AND MARKETING A WIDE RANGE OF CHEMICAL PRODUCTS
Two major operating business segments:• Olefins and Derivatives• Fertilisers and Methanol
Two integrated petrochemical complexes:• Kertih, Terengganu• Gebeng, Pahang
Three manufacturing complexesthat produce fertilisers and methanol:• Gurun, Kedah• Bintulu, Sarawak• Federal Territory of Labuan
Total production capacity of over 12 million metric tonnes per annum (mtpa).
Largest methanol producer in Asia Pacific and 4th largest in the world.*
2nd largest producer of urea in South East Asia.*
3rd largest producer of LDPE in South East Asia.*
Sole producer of methanol, urea, paraxylene, methyl tertiary butyl ether (MTBE), ethanolamines, ethoxylates,glycol ethers, butanol and butyl acetates in Malaysia.
Joint-venture partners include BASF PETRONAS Chemicals Sdn Bhd, Kertih Terminals Sdn Bhd, Idemitsu SM (Malaysia) Sdn Bhd, BP PETRONAS Acetyls Sdn Bhd and Malaysian NPK Fertilizer Sdn Bhd.
*By capacity.
GROUPSTRUCTURE
as of 30.6.2014
PETRONAS
PETRONAS Chemicals Group Berhad
PETRONASChemicalsAmmoniaSdn Bhd
(PC Ammonia)
PETRONASChemicals Derivatives
Sdn Bhd(PC Derivatives)
PETRONASChemicals Fertiliser
Kedah Sdn Bhd(PC Fertiliser
Kedah)
Malaysian NPKFertilizer Sdn Bhd
PETRONASChemicals
OlefinsSdn Bhd
(PC Olefins)
PETRONASChemicals Fertiliser
Sabah Sdn Bhd(PC Fertiliser
Sabah)
PETRONASChemicals MTBE
Sdn Bhd (PC MTBE)
PETRONASChemicals
Glycols Sdn Bhd(PC Glycols)
PETRONASChemicals MethanolSdn Bhd
(PC Methanol)
PETRONAS Chemicals
PolyethyleneSdn Bhd
(PC Polyethylene)
PRPCGlycolsSdn Bhd
(PRPC Glycols)
100%PETRONASChemicals MarketingSdn Bhd
(PC Marketing)
PETRONASChemicals Marketing
(Labuan) Ltd(PC Marketing
Labuan)
100%Kertih Port
Sdn Bhd(KPSB)
100%Vinyl Chloride
(Malaysia)Sdn Bhd(VCMSB
100%100%100%100%
100%
20%
100%
100%
100%
88% 40%
Wholly-owned subsidiaries * Wholly-owned subsidiary as remaining shareholding is held through other subsidiaries within PCG** Subsidiary pursuant to Malaysian Financial Reporting Standard 10
Manufacturing Marketing & Sales Services
Partly-owned subsidiaries
Joint ventures and associates
100%Polypropylene
Malaysia Sdn Bhd(PPMSB)
100% 100%
PETRONASChemicalsEthyleneSdn Bhd
(PC Ethylene)
87.5%PETRONAS Chemicals AromaticsSdn Bhd
(PC Aromatics)
BASFPETRONASChemicals
Sdn Bhd
30% 30%
100%
IdemitsuSM (Malaysia)
Sdn Bhd
BP PETRONASAcetyls
Sdn Bhd
70%ASEANBintulu
FertilizerSdn Bhd
(ABF)
63.5%PETRONAS
Chemicals LDPESdn Bhd
(PC LDPE)
60% 40%Kertih
TerminalsSdn Bhd
PCM (China) Company
Limited (PC Marketing
China)
100%
PCM (Thailand) Company
Limited(PC Marketing
Thailand)
99.99%*
PT PCMKimia
(Indonesia)(PC Marketing
Indonesia)
99.67%*
PCMChemical
India PrivateLimited**
0.01%
PRPC Polymers Sdn Bhd
PETRONAS Chemicals Isononanol
Sdn Bhd
GROUPSTRUCTURE
We market a wide range of chemical products to customers in 30 countries worldwide particularly in Asia pacific. Besides Malaysia, our key markets include Thailand, Indonesia, Singapore, Vietnam, The Philippines, Northeast Asia, the Indian subcontinent, North America and Australasia.
In driving innovation into the very essence ofour products, customer solutions and culture,we openly, and with vigour, embrace challengesthat push us to the very limits of our creativity.Coupled with courage in taking calculated risks,we shall deliver breakthrough performance inthe key areas of operational excellence,innovation, marketing and sales.
Innovation is an important catalyst in the next phase of our growth journey. With it, we can better capitalise on our core strength as a fully integrated petrochemicals producer located strategically in Asia’s growth region, to grow from a basic petrochemical manufacturer to a provider of specialty products and innovative customer solutions.
We strive to create value for our stakeholders through a business model that is aligned with our shared values of professionalism, integrity, loyalty and cohesiveness. To this end, we are committed to strengthening our sales channels and presence of our products and solutions in the market in the most efficient, effective and sustainable manner.
DELIVERINGPERFORMANCE
COMMITTEDTO GROWTH
1985 1992
1995 1997 1999 2000 2002Commenced production of
styrene monomer in Pasir Gudang.
Commenced production of urea,
ammonia and methanol in Gurun.
Commenced production of olefins, glycols and derivatives at KIPC. Commenced
production of polyvinyl chloride in
Baria-Vung Tau, Vietnam.
Commenced productionof urea and ammonia in
Bintulu.
Commenced production of
propylene, polypropylene and MTBE at Gebeng
Complex. Acquired methanol plant in
Labuan.
Commenced production of acrylic acid at BASF PETRONAS Chemicals Sdn Bhd, Gebeng. Commenced production of
benzene, paraxylene, ammonia, vinyl chloride monomer,
polyvinyl chloride and acetic acid at KIPC.
Commenced production of ethylene
and polyethylene at Kertih Integrated Petrochemical
Complex (KIPC).
20042006200920102011 2012 2013 Expanded
production capacities of urea and ammonia in
Bintulu.
Expanded production
capacities of urea and ammonia in
Gurun.
Commissioning of mega methanol plant in Labuan.
Acquired interest in PETRONAS Chemicals Olefins Sdn Bhd,
PETRONAS Chemicals Glycols Sdn Bhd and PETRONAS
Chemicals Derivatives Sdn Bhd from Dow Chemicals.
Acquired interest in PETRONAS Chemicals
Ethylene and PETRONAS Chemicals Polyethylene from BP. Listed on Main Market
of Bursa Malaysia.
Sanctioned development and construction of a new world-scale fertiliser plant in Sipitang, Sabah
(SAMUR).
Took over marketing of chemicals and
performance chemicals in Indonesia and Singapore
from Dow Chemicals. Decision to discontinue
vinyl business.
Sanctioned development and construction of Asia
Pacific's largest Integrated Aroma
Ingredients Complex at BASF PETRONAS
Chemicals Sdn Bhd in Gebeng.
2014 2015 2016 2014Secured license for PETRONAS
Chemicals Marketing (Labuan) Ltd as Labuan International Commodity Trading Company. Incorporated
overseas marketing subsidiaries in Thailand - PCM (Thailand) Co Ltd and
China - PCM (China) Co Ltd.
Completed divestment of Phu My Plastics & Chemicals Co Ltd pursuant to decision
to discontinue vinyl business.
Sanctioned development and construction of 2-EHAcid and HR-PIB projects at BASF PETRONAS
Chemicals Sdn Bhd in Gebeng. Acquired 100% equity in PRPC Polymers Sdn Bhd, PRPC Glycols
Sdn Bhd and PRPC Elastomers Sdn Bhd which will undertake petrochemical projects as part of
Pengerang Integrated Complex in Pengerang.
Produced on-specification urea for SAMUR. Produced on-specification 2-EHAcid at BASF PETRONAS Chemicals Sdn Bhd. Sanctioned
development and construction of Flexi PE project at PRPC Polymers Sdn Bhd in Pengerang.
Incorporated overseas marketing subsidiary in Indonesia - PT PCM Kimia Indonesia.
OURMILESTONES
Our Olefins and Derivatives segment manufactures and sells a wide range of olefin and polymer products, from ethylene and propylene, which are used as basic feedstock for other products, to intermediate products such as ethylene oxide, ethylene glycol, butanol chemicals, as well as various ethylene oxide derivatives, including basic high performance chemicals.
Our Fertilisers and Methanol segment produces and sells methanol and a range of nitrogen, phosphate and compounded fertilisers.
UREA is essential for increasingcrop yields in the agricultural industry.It is used in direct application to cropsin granular form or as a component ina compound fertiliser.
CREATINGSOLUTIONS
PRODUCTPORTFOLIO
KEY PRODUCTS
KEY PRODUCTS
KEY PRODUCTS
OLEFIN, GLYCOLS & DERIVATIVES
POLYMERS
AROMATICS
MTBE
DESCRIPTION
DESCRIPTION
DESCRIPTION
FEEDSTOCK
FEEDSTOCK
FEEDSTOCK
APPLICATIONS
APPLICATIONS
APPLICATIONS
Polyethylene(LLDPE, HDPE,LDPE)
Solid resins producedfrom the polymerisationof ethylene
Ethylene Feedstock for manufacturing plastic products, including packaging films, wires, cables and ducting
Paraxylene
Ethylene
Propylene
MonoethyleneGlycol (MEG)
Diethylene Glycol (DEG)
Performance Chemicals
Benzene
Methyl TertiaryButyl Ether (MTBE)
A six-carbon ring structure molecule colourless, flammable liquid
A two-carbon molecule colourless gas converted from natural gas
A three-carbon molecule colourless gas converted from natural gas
A colourless hygrpscopic liquid derived from ethylene glycol
A colourless hygrpscopic liquid derived from ethylene glycol
Colourless liquids derived from ethylene oxide
A six-carbon ring structure molecule colourless, flammable liquid
A five-carbon molecule colourless liquid
Naphtha
Ethane
Propane
Ethylene Oxide
Ethylene Oxide
Ethylene Oxide,Ammonia, Fatty Alcohol
Naphtha
Butane,Methanol
Production of terephthalic acid, used in the manufacture of polyester for packaging applications, drink bottles and textiles
Feedstock for production of polyethylene, ethylene glycol, ethylene oxide (EO) and derivatives of EO
Feedstock for production of acrylics acids, acrylic esters and oco-alcohols
Feedstock for manufacturing polyester fibres, polyethylene terephthalate resins (PET) and an ingredient of antifreeze products
Ingredient in printing ink, pigments and dyes
Surfactants, gas-treating solvents and personal care products
Feedstock for manufacturing polystyrene used for packaging
Gasoline additive to boost octane level to improve burning of fuels and reduce emissions
METHANOL
Methanol Simplest organic alcohol, colourless, flammable liquid
Methane Production of formaldehyde, acetic acid, chloromethanes and methyl methacrylate, which in turn are used in the production of resins, adhesives, paints, plastics, flavourings, silicones and plexiglass
AMMONIA & FERTILISERS
Ammonia
Urea
A nitrogen and hydrogencompound colourless gas with a characteristic pungent odour
A high nitrogen-content organic solid
Methane,Hydrogen,Nitrogen
Ammonia,Carbon Dioxide
Feedstock for the production of urea and other industrial applications, including use as refrigerant and latexanti-coagulant
Fertiliser used for the supply of nitrogen to crops and raw material for manufacturing adhesives, moulding powders, varnishes and foams
KEY PRODUCTS
KEY PRODUCTS
DESCRIPTION
DESCRIPTION
FEEDSTOCK
FEEDSTOCK
APPLICATIONS
APPLICATIONS
KEY PRODUCTS DESCRIPTION FEEDSTOCK APPLICATIONS
JOINT VENTURE & ASSOCIATE PRODUCTSJOINT VENTURE & ASSOCIATE PRODUCTS
Butanediol
2-EHAcid
Styrene Monomer
Various NPK Grades of Fertilisers
Acetic Acid
Acrylics
Oxo-Alcohols
1,4-Butanediol (BDO): Colourless and almost odourless liquid
Tetrahydrofuran (THF): Colourless, water-miscible liquid with an ether-like odour
gamma-Butyrolactone (GBL): An industrial chemical with excellent solvency, little toxicity and few environmental hazards
Colourless to yellow liquid with a faint odour
A clear, colourless, flammable liquid with a distinctive aromatic odour
Clear colourless granules with a characteristic odour
Chemical intermediate in the form of a colourless liquid
Crude Acrylic Acid (CAA): Colourless, flammable, corrosive liquid with a strong odour
Glacial Acrylic Acid (GAA): Clear, colourless, corrosive, flammable liquid with a pungent odour
Butyl Acrylate (BA): Colourless,flammable liquid with a “fruity” smell 2-Ethylhexyl Acrylate (2-EHA): Clear, colourless liquid with a “fruity” smell
2-Ethylhexanol (2-EH): Clear, flammable liquid with a distinctive odour n-Butanol (n-Bol): Colourless, flammable liquid with an alcoholic odour iso-Butanol (i-Bol): Colourless, flammable liquid with an alcoholic odour Iso-butyraldehyde (i-BA): Colourless to yellow, flammable, toxic liquid with a strong odour Oxo Oil: Yellowish, flammable liquid with pungent odour
n-Butane
2-ethylhexenal (2-EHol)
Benzene,Ethylene
Urea, Ammonia, Phosphates, Potassium
Methanol, Carbon Monoxide
Propylene
Propylene
Butanediol and its derivatives are used in a broad spectrum of applications in the chemical industry; amongst others in the manufacturing of technical plastics, polyurethanes, solvents, electronic chemicals and elastic fibres Mainly used in the production of a polymer used to manufacture elastomers and fibres. THF is also a versatile solvent with applications in areas such as adhesives, vinyl films and cellophanes, industrial resins, elastomers, coatings and printing inks Used in the production of clinical needs, for filtering beverages and cleaning auxiliaries. GBL is also used for applications in conductor wafer cleaning in the electronics industry or high-tech industry as well as an intermediate for the synthesis of other chemicals.
Chemical intermediate used in esters for Polyvinylbutyral (PVB) film plasticisers and synthetic lubricants, in metal salts for paint dryers, in automotive coolants, PVC stabilisers, cosmetics and various other applications. In cosmetics, 2-EHAcid is used to produce emollients. Other applications include corrosion inhibitors in automotive coolants, catalyst for polymer production, raw material for acid chloride and fragrances.
Production of polystyrene which is used in packaging containers and high impact plastic such as acrylonitrile butadiene styrene (ABS), latex paints and most synthetic rubber
End fertilisers of high yield growth for paddy fields and oil palms
Precursor for making various vinyl acetate, metal acetate and cellulose acetate. Vinyl acetate is used for coatings and adhesives, metalacetate is used in printing, and cellulose acetate is used to make film for photography. Also used in the production of esters used as solvents in many commercial products, such as inks and paints.
Primarily used in the production of superabsorbent polymers (SAP) used in diapers, in the production of acrylic esters and in the manufacturing of plastic resins, coatings and adhesives Primarily used in the production of superabsorbent polymers (SAP) used in diapers, in the production of acrylic esters and in the manufacturing of plastic resins, coatings and adhesives Mainly used in the manufacture of resins, coatings, adhesives and plastics Mainly used in the manufactureof resins, coatings, adhesivesand plastics
Mainly used for the production of plasticisers
Mainly used as a solvent in the paint industry and for the production of PVC plasticisers Mainly used as a solvent in the paint industry and for the production of PVC plasticisers Chemical intermediate or raw material used to make different types of solvents and resin intermediates for the paint and ink industries Mainly used as an auxiliary in floatation processes in the mining industry (coal, copper, silver, gold and phosphorus, etc) and as a defoamer in the aluminium industry
KEY PRODUCTS DESCRIPTION FEEDSTOCK APPLICATIONS KEY PRODUCTS DESCRIPTION FEEDSTOCK APPLICATIONS
As a responsible corporate citizen and player in the chemical industry, PCG strives to nurture, promote and sustain a thriving Health, Safety and Environment (HSE) culture. Also, with our new vision in place, we are sparing no effort to achieve excellence in all other aspects of our operations, so as to deliver breakthrough performance benefitting all our stakeholders.
In driving innovation into the very foundations of our corporate culture, we shall continue to place the highest priority on safety. Even as we live and breathe innovation, we shall deliver our innovative products and solutions safely, whilst safeguarding and contributing to the well-being of the people and environment where we operate.
HEALTH, SAFETYAND ENVIRONMENT
Among the core components of our strong foundation is our capability-driven workforce. Our people are fundamental to our success. We remain committed to nurturing and empowering our dedicated talents in driving success.
By driving a culture of innovation, we motivate our people to build their core competencies, inspiring them to unleash their true potential to meet the needs of our loyal as well as prospective customers.
We are a company that adapts quickly and continually to the ever-changing needs of the chemical industry, using our talent for innovation to create products that help improve the needs of people around the world. As PCG employees, we are ready to meet change and challenges head-on, and we know that speed is vital to the fulfilment of our strategic goals and objectives.
We remain passionate about advancing chemical products’ output, along with supporting diversity within the region, focusing on exceptional performance and earning the trust of those we serve.
OURPEOPLE
PCG strives to excel where environmental sustainability is concerned. Our role as a responsible corporate citizen drives us to share best practices and inspire the community to protect Mother Nature. It has always been in our best interest to strengthen the environmental conservation DNA that is richly embedded withinthe culture of our organisation.
In providing products and services that fulfil customers’expectations, we commit our hearts to minimising all possible impacts that can potentially cause detriment to the environment. This is done by hosting, funding and pioneering environmental preservation initiatives that promote a more sustainable way of life.
As a responsible corporate citizen, we continue to play our role in the Corporate Social Responsibility (CSR) front with our signature environmental CSR programme, ecoCare and other CSR related initiatives involving the local community to ensure that we contribute to the well-being of the people and environment where we operate.
CONSERVINGTHE ENVIRONMENT
PETRONAS ChemicalsGroup Berhad
C O R P O R A T E P R O F I L E
PETRONAS Chemicals Group Berhad (459830-K)
Tower 1, PETRONAS Twin Towers,Kuala Lumpur City Centre,
50088 Kuala Lumpur, MalaysiaTel: 03-2051 5000 Fax: 03-2051 1501
Website: www.petronaschemicals.com