BUSINESS

BASF Petronas Chemicals Opens Second 2-EHAcid Plant In Kuantan

25/10/2024 04:47 PM

KUANTAN, Oct 25 (Bernama) -- BASF Petronas Chemicals (BPC) has launched its second 2-ethylhexanoic acid (2-EHAcid) production line at its integrated site in Kuantan to meet growing market demand.

The company noted that since its establishment in 2016, the 2-EHAcid plant has been instrumental in driving growth in the Southeast Asia region.

In a statement today, BPC said that the groundbreaking for the second production line occurred in the first quarter (1Q) of 2023. It became fully operational in 3Q of 2024, doubling the annual production capacity to 60,000 tonnes.

Member of the executive board of directors and chief technology officer of BASF SE, Stephan Kothrade said that the expansion marks a significant milestone in the group's commitment to profitable growth and value creation.

"As part of our new strategy, we are focused on enhancing the footprint of our core businesses in high-growth Asian markets, ensuring that we meet the increasing needs of our customers with high-quality products,” he said.

Petronas Chemicals Group Bhd managing director and chief executive officer Mazuin Ismail highlighted that this expansion reflects the continued strength of the partnership between BASF and Petronas and their shared commitment to growth and collaboration.

"We are excited about the future of this plant. The increased capacity strategically positions BPC to seize growth opportunities in the region.

"With demand for our product continuing to rise, we are well-equipped to meet it efficiently, ensuring our customers receive top-quality products promptly,” added Mazuin, who also serves as chairman of BPC.

-- BERNAMA
 

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