Super Absorbent Polymers BASF and Petronas Expand Joint Venture Activities to Produce More Super Absorbent Polymers
BASF and Petronas will commence a feasibility study for a new plant for superabsorbent polymers. The companies have also decided to look into the expansion of the existing production capacities of their joint venture BASF Petronas Chemicals.
Kuala Lumpur , Malaysia – “With this capacity expansion and extension into superabsorbent polymers we extract further potential of our acrylics value chain in BASF Petronas Chemicals”, said Dr. Martin Brudermüller, Member of the Board of Executive Directors, BASF SE, responsible for Asia Pacific.
Datuk Wan Zulkiflee Wan Ariffin, Executive Vice President of Downstream Business, Petronas said, “The future of petrochemical industry will be shaped by changes in global mega-trends such as growing health awareness resulting in strong growth in demand for specialty chemicals including superabsorbent polymers for personal hygiene application.”
The new investment will be part of BASF Petronas Chemicals Sdn Bhd, founded by BASF and Petronas in 1997. The company currently operates an integrated complex situated at the Gebeng Industrial Zone, Pahang. The company’s share of capital is 60% held by BASF and 40% by Petronas with a total investment of about RM3.4 billion for production facilities for acrylic monomers, oxo products and butanediol.