Petronas Chemicals is looking to raise as much as $4 billion (2.5 billion pounds) in a Malaysian initial public offering, exceeding earlier estimates of over $2 billion as it hopes to tap on ...

The chemicals arm of Malaysia's state energy firm Petronas plans to spend roughly $6 billion over the next 15 to 20 years to expand its speciality chemicals portfolio through acquisitions and ...

Petronas Chemicals has an annual production capacity of more than 10 million tonnes. It posted an operating profit of $2.3 billion in fiscal 2009, according to its prospectus.