AGILITY TO COLLABORATE FOR DYNAMIC GROWTH

Transcription

1 AGILITY TO COLLABORATE FOR DYNAMIC GROWTH Datuk Sazali Hamzah MD/CEO PETRONAS CHEMICALS GROUP BERHAD (PCG) MALAYSIA

2 Petrochemical Journey

3 Petrochemical industry will continue to evolve What we used to be Old technology Mass production Less regulation Less competition Sellers market Good margin for commodities Where we are now Mix of old & new technology Commoditisation Stringent regulation More competition Buyers market Customised solutions Niche/specialty is growing What the future holds Faster growth Commodities is still a game Growing opportunity in specialty/ niche Technology and innovation is a game changer Borderless and everybody can play

4 Collaboration to create value is important to pursue opportunities

5 PCG s Collaboration

6 PCG grows strategically through collaborations Production Capacity (mil mtpa) PC Methanol PC MTBE Propylene, polypropylene & MTBE in Gebeng PC Aromatics Benzene, paraxylene, ammonia, VCM, polyvinyl chloride & acetic acid in Kertih Ethylene & polyethylene in Kertih 6.9 PCASB Expand urea, & ammonia in Bintulu Mega methanol in Labuan Olefins, glycols & derivatives in Kertih Urea & ammonia in Sabah 12.7 PC Fertiliser Sabah 14.6 PIC in Pengerang Exit vinyl and PP business Urea & ammonia in Bintulu 0.5 ABF Methanol in Labuan Urea, ammonia & methanol in Gurun PC Fertiliser Kedah PC OGD

7 PCG s first venture into petrochemical via collaboration ASEAN Bintulu Fertilizer, ABF Malaysia, Indonesia, Singapore, Thailand, Philippines Each with its strength Resource owner Operations experience Business acumen Market reach

8 Through collaborations PCG grows further Kerteh & Gebeng Integrated Petrochemical Complexes Multi JVs Each partner with its strength Resource / Molecule Technical / Technology Operations experience Business acumen Market reach

9 Continuing our collaboration for future progress Pengerang Integrated Petrochemical Complex Secure and competitive feedstock supply Mega project execution Investment risks Fully integrated facility Marketing capabilities

10 Business collaborations transcend boundaries Collaboration models that are multi-dimensional.. Customers.. have proven effective in delivering key outcomes 1 Growth and innovation Suppliers 2 Cost reduction Non-traditional peers 3 Risk management Source: A.T. Kearney Broader ecosystem 4 Capital optimisation

11 Business collaborations transcend boundaries Quantum computing in materials science innovation Platform for sustainable, costeffective production Reliable, safe and scalable hydrogen supply solutions next-generation computational methodologies (e.g., machine learning and sampling) + unique discovery process/experimental design and innovation capabilities = New acceleration of product and process development fermentation process, converting gases containing carbon monoxide (CO) into useful products by metabolic + processes electrolysis technology to convert CO 2 and water into hydrogen and CO using electricity = Renewable energy to convert CO 2 to specialty chemicals Detailed sources: specialized catalyst to enable the release of hydrogen on demand + revolutionary solution for storing and transporting large amounts of clean hydrogen from renewable sources = Emission-free mobility and cleaner industry processes

12 Collaborations aligned for future growth The Future Collaboration from many partners Stakeholders co-create value Techno provider to be flexible Grow together as tech partner

13 THANK YOU