Why is PETRONAS Chemicals prioritizing domestic demand over exports in 2026?

PETRONAS Chemicals Group (PCG) is prioritizing domestic demand over exports due to fuel supply disruptions caused by the closure of the Strait of Hormuz, which has introduced fresh volatility to feedstock and supply chain dynamics amid the ongoing Middle East conflict; as stated by managing director Mazuin Ismail, this priority ensures continued availability of high-quality products in the local market and stable, consistent supply for domestic customers.

How is PCG insulated from the feedstock shortages affecting other Asian chemical producers?

PCG is insulated from feedstock shortages because its steam crackers utilize domestic ethane and natural gas liquids (NGLs), enabling uninterrupted production, whereas other Asian chemical producers have been cutting output due to disruptions in crude and naphtha supplies from the Middle East.

Malaysia’s PETRONAS Chemicals to Prioritize Domestic Demand Over Exports

Apr 23, 2026

Malaysia’s PETRONAS Chemicals prioritizes domestic demand over exports due to Middle East supply disruptions. Leveraging domestic ethane, the firm remains insulated from feedstock shortages, driving a 75% share price surge.

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