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BPC will shut down the BDO plant in Kuantan, Malaysia
BASF Petrochemical (BPC), a joint venture between BASF and Petronas Petrochemical Group (PCG), a subsidiary of Petronas, is planning to realign its portfolio with an eye toward long-term growth
, November 18.
BASF and PCG are constantly reviewing and optimising their
product portfolios.
In view of this, BASF Petrochemical Malaysia plans to close its production plant
for 1,4-butanediol (BDO) and its derivatives in Kuantan, Malaysia, in March 2021.
The decision will not affect other plants
at the site.
Recently invested in several coal-based BDO production units in the region has led to significant overcapacity
.