The story
Titan Chemicals began as a joint-venture in which Datuk Chao Ting Tsung, through The Chao Group International and Permodalan Nasional Berhad (PNB), through its wholly owned subsidiary, PNB Equity Resources Corporation (PERC), have major interest.
Titan Chemicals commenced construction of its first facility in Malaysia, a RM300 million polypropylene plants, in 1989. At present, Titan Chemicals own 10 integrated process facilities in Pasir Gudang and Tanjung Langsat in the southern state of Johor which has a total nameplate production capacity of over 2.4 million tonnes annually of olefins, polyolefins and other associated products.
The company was formerly known as Titan PP Polymers (M) Sdn Bhd and changed its name to Titan Petchem (M) Sdn. Bhd. in December 2004.
Titan Chemicals Corp. Sdn. Bhd. was listed on the Main Board of Bursa Malaysia as TITAN 5103 in 2005. Its stock is included in the KL Composite Index.
In March 2006, Titan Chemicals acquired PT. TITAN Petrokimia Nusantara, Indonesia’s first and largest Polyethylene plant in the country. Situated in Merak, Indonesia, PT. TITAN adds 3 Polyethylene plants to Titan Chemicals' portfolio.
In November 2010, Titan Chemicals was acquired by Honam Petrochemical Corp.
From Wikipedia’s article on Lotte Chemical Titan, shared under CC BY-SA 4.0.3