MalaysiaPart of PETRONASpetronas.com
Owner Investor / Financier Operator Developer Offtaker
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 and 11 more.
chemXplore tracks 7 projects involving PCG, of which 7 are active.
Closest to start-up first.
1 more active project is in the record. See all 7 in chemXplore →
2 active projects carry no start-up date yet. The dates themselves, per project, are for subscribers.
Proforma gearing at a historic low of 9% and adjusted CFFO lifted to €16.5bn; underlying E&P output +7% to 1.83 mln boe/d. Strategic deals include Junin 5 relaunch and asset monetisations.
JV will develop offshore CO2 storage targeting up to 5 Mtpa injection; first injection targeted by 2031; supports Malaysia's Southern CCS Hub and potential cross-border CO2 shipments.
EPCM award for Coastal GasLink Phase 2 covers detailed engineering, procurement and construction management for five compressor stations in BC; contract >€200m with 4+ year execution.
Two binding agreements transfer 10% interests across multiple Indonesian PSCs, covering producing gas fields, major discoveries and hub projects; completions subject to regulatory approvals.
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.
Precautionary halt after a routine inspection; integrated supply network used to maintain Malaysian gas deliveries while safety checks continue.
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.
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.
The 6 sharing the most projects, of 18.
