Under the terms of the HOA, the partners have agreed to form a new entity
(BASF 60%; PETRONAS 40%) to jointly own, develop, construct and operate
production facilities for isononanol, highly reactive polyisobutylene, non-ionic
surfactants, methanesulfonic acid, and plants for precursor materials. These
world-scale facilities will become an integral part of PETRONAS’ RAPID
project. The chemicals to be produced at the new facilities will
directly contribute to the sustainable development of the Asia Pacific region,
especially in ASEAN. For example, nonionic surfactants are used in almost all
cleaning applications, particularly in environmentally friendly laundry
detergents as well as in technical processes, including as ingredients for
auxiliaries in the textile and leather industry.
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