KUALA LUMPUR, Oct 9 (Reuters) – Petronas Chemicals Group
Berhad, a unit of Malaysian state-run energy giant
Petronas, said on Monday it will construct Asia’s largest
advanced chemical recycling plant with a capacity of 33 kilotons
per year.

The plant, which will be located in Pengerang in Malaysia’s
southern state of Johor, is expected to be operational by the
first half of 2026.

The facility would convert end-of-life plastics into
pyrolysis oil to then be used as chemical feedstock for the
production of sustainable plastics, Petronas Chemicals said in a
statement.

The company said it has signed an agreement with Plastic
Energy Limited, which will provide the chemical recycling
technology for the new plant, while Mutiara Etnik Sdn Bhd was
awarded the engineering, procurement and construction contract
for the project.

(Reporting by A. Ananthalakshmi; Editing by Martin Petty)