Petronas Chemicals Group Berhad (PCG)

Malaysiapetronas.com

Petronas Chemicals Group Berhad (PCG) is a Malaysia-based integrated petrochemicals producer and the chemicals arm of Petroliam Nasional Berhad (PETRONAS). Listed on Bursa Malaysia (ticker: PCHEM), the company manufactures and markets a broad portfolio of basic and specialty chemicals for regional and global customers.

PCG’s product slate spans olefins and derivatives (such as ethylene, propylene, and polymers), as well as fertilizers and methanol. Through its international subsidiaries, the group has expanded into specialty chemicals serving applications in packaging, agriculture, automotive, industrial, and consumer sectors. PCG operates multiple production sites in Malaysia and benefits from integration with PETRONAS’ upstream and refining value chain to secure feedstock and logistics efficiencies.

Headquartered in Kuala Lumpur and majority-owned by PETRONAS, PCG supplies customers across Asia-Pacific and other global markets, focusing on reliable production, product quality, and operational efficiency.

Also known as PETRONAS Mobility Lestari Sdn. Bhd., PETRONAS Chemicals Group Berhad, Petronas Carigali Sdn Bhd, Petronas Carigali, PETROLIAM NASIONAL BERHAD, PETRONAS, PETRONAS CARIGALI (TURKMENISTAN) SDN BHD, Petronas Carigali Turkmenistan Sdn Bhd, PETRONAS CARIGALI (TURKMENISTAN) SDN. BHD., PETRONAS Carigali (Turkmenistan) Sdn. Bhd., PC(T)SB, PETRONAS Chemicals, Petronas Gas, PG Berhad, and PETRONAS Gas Berhad.

Projects PCG is involved in

chemXplore tracks 7 projects involving PCG, of which 7 are active.

PCG's role on them: Owner, Investor / Financier, Operator, Developer, and Offtaker.

1 Announced / Concept 1 FEED / Pre-FID 3 FID / Sanctioned 2 Under Construction

5 new construction, 1 expansion, and 1 conversion / repurposing.

Expected to start operating
2026
none
2027
1 project
2028
2 projects
2029
none
2030
1 project
2031
none

2 of the active projects carry no start-up date yet.

What moved recently
  • 29 September 2026 LNG Canada Phase 2 Expansion, Kitimat · FID / Sanctioned · Canada
  • 24 July 2026 Eni-Petronas Searah JV Kutei Basin Gas Development · Under Construction · Indonesia
  • 25 May 2026 PETRONAS PRefChem Equity Acquisition, Pengerang · FID / Sanctioned · Malaysia
  • March 2026 PETRONAS Limbayong Deepwater Development · Announced / Concept · Malaysia
  • November 2025 Petronas Enilive Euglena Pengerang Biorefinery · Under Construction · Malaysia

Contractors, licensors, and offtakers are recorded on 6 of these 7 projects For subscribers

Targeting: Natural gas (3), Crude oil (2), Natural gas condensates (petroleum) (2), Argon (1), HVO (1), Nitrogen (1)

Follow these projects in chemXplore →

Latest news on PCG

7 October 2026
Air Products to build LNG-based ASU at PETRONAS Gas‑led Pengerang terminal

LNG cold energy will liquefy air to produce >600 t/day of liquid O2, N2 and Ar for southern and central Malaysia; start-up expected early 2027.

1 October 2026
PETRONAS: Songkhla Export Pipeline temporarily shut

Precautionary halt after a routine inspection; integrated supply network used to maintain Malaysian gas deliveries while safety checks continue.

30 September 2026
PETRONAS advances sustainable fuels with Mercedes‑AMG PETRONAS F1

Advanced Sustainable Fuel (ASF) powers Mercedes‑AMG PETRONAS in F1’s first season of advanced sustainable fuels; PETRONAS is building biorefinery capacity for SAF, HVO and bio‑naphtha.

29 September 2026
JGC-Fluor JV receives NTP for LNG Canada Phase 2 after FID

Notice to Proceed issued for LNG Canada Phase 2 after FID; contract mainly lump-sum with some cost-plus; JGC to recognise US$7.5bn in fiscal 2026 after FEED update.

29 September 2026
Fluor JV with JGC Selected for LNG Canada Phase 2 After FID

Notice to proceed issued; US$7.5bn share to be recognized in Q3 FY2026; Phase 2 adds one storage tank and two trains, doubling output to ~28 Mtpa.

29 September 2026
Shell approves final investment decision for LNG Canada Phase 2

Phase 2 will double Kitimat LNG output to 28 mtpa; Shell’s 40% stake adds nearly 6 mtpa, with commercial operations targeted in the early 2030s.

24 September 2026
Eni awarded 100% Sapukala exploration licence in Kutei Basin

100% Sapukala deep-water block awarded; adjacent to major gas discoveries and covered by new seismic to speed evaluation.

17 September 2026
JGC to co-establish SEA METEC, Southeast Asia's first methane evaluation centre

Four-way MoC creates a regional centre for testing, verification, training, R&D and knowledge sharing on methane measurement technologies in Southeast Asia.

Where its projects are

By country, the most active first. active / all projects