Petronas Chemicals Bhd

Chemicals
PCHEM:MK
Malaysia

On June 16, 2011, Petronas Chemicals was added to the Florida State Board of Administration List of Prohibited Investments (Scrutinized Companies) due to its involvement in Iran. As of March 9, 2021, Petronas Chemicals remains on the SBA list of prohibited investments. 

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In 2020, the U.S. state of Mississippi listed Petronas Chemicals on its state lists of Companies Doing Business with the Iranian Petroleum/Natural Gas, Nuclear and Military Sectors, rendering it ineligible for investment and/or state contracting.

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Petronas Chemicals is listed on the June 4, 2019 and July 12, 2019 Florida State Board of Administration list of prohibited investments (Scrutinized companies) for Iran related business.

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Petronas Chemicals Bhd is listed on the Alaska Retirement Management Board's March 2019 and June 2019 list of companies doing business with Iran.

"We would like to re-iterate that PETRONAS Chemicals Group Berhad does not have business with or in Iran, which was why UANI did not find any mention of Iran on our website or in any other disclosures." (7/29/2020)