Petronas to Form Joint Venture with Versalis - Deal Analysis from GlobalData New Report


Naperville, IL -- (SBWIRE) -- 10/10/2012 -- Summary

Petroliam Nasional Berhad (Petronas), the Malaysian national oil and gas company, has signed a heads of agreement to enter into a joint venture with Italian company Versalis SpA (formerly known as Polimeri Europa) to develop, construct and operate elastomer plants within Petronas' proposed MYR60 billion ($18.73 billion) Refinery and Petrochemical Integrated Development (RAPID) project in Pengerang, Johor.


- Rationale behind Petronas and Versalis Joint Venture
- Strategic Benefits for Petronas and Versalis
- Deal Financials and Valuations

Reasons to buy

- Develop a sound understanding of the major M&A's, partnerships and joint ventures taking place in petrochemical industry
- Identify the most lucrative segments to leverage on the growth opportunities available in the petrochemical industry
- Take better decisions based on detailed analysis of the deal
- Know about the major companies, which are adopting a divestment or acquisition

To view table of contents for this market report please visit: