Acquired interest in PETRONAS Chemicals Ethylene and PETRONAS Chemicals Polyethylene from BP. Listed on Main Market of Bursa Malaysia Securities Berhad.
Commencement of divestment in Phu My Plastics & Chemicals Co Ltd.
Secured licence for PETRONAS Chemicals Marketing (Labuan) Ltd as Labuan International Commodity Trading Company
Incorporated overseas marketing subsidiaries in Thailand (PCM (Thailand) Company Limited; and PCM (China) Company Limited.
Sanctioned development and construction of 2-EH Acid 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 under petrochemical projects as part of PETRONAS Refinery and Petrochemical Integrated Development (RAPID) in Pengerang, Johor.
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.
Sanctioned development and construction of Isononanol project at PIC.
PETRONAS Chemicals Fertiliser Sabah Sdn Bhd (previously known as SAMUR project) commenced commercial operation.
HR-PIB plant came on-stream.
Entered into an agreement with Aramco Overseas Holding Coöperatief U.A., a wholly-owned subsidiary of Saudi Arabian Oil Company (Saudi Aramco) to divest 50% of the equity interest held by PCG in PRPC Polymers Sdn Bhd*
*subject to certain post-closing adjustments set out in the agreement.
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