Founding Shareholders

Titan Chemicals began as a joint-venture in which Datuk T.T. Chao, through The Chao Group International and Permodalan Nasional Berhad (PNB), through its wholly-owned subsidiary, PNB Equity Resources Corporation (PERC), have major interest.

The Chao Group is a privately held conglomerate, producer and marketer of petrochemicals and plastics. Apart from Titan Chemicals investment, The Chao Group also controls the US-based Westlake Chemical Corporation (which is listed on the New York Stock Exchange) and other affiliated operations located primarily in The People's Republic of China and Taiwan.

PERC's investments are long-term and involve various forms of equity participation, including common and preferred shares, convertible instruments and other related equity investments. The PNB Group has interest in over hundreds of companies, exceeding billions of Ringgit in value.

The success of Titan Chemicals has been the result of the synergistic relationship, combining the experience, entrepreneurial expertise and market dominance of The Chao Group with the strength and track record of PNB. And this partnership has paved the way for Titan Chemicals to emerge as a dominant player in Asia's polymers industry.

Since its founding six decades ago, The Chao Group has continuously focused on creating synergies and optimizing benefits for its stakeholders. This focus has led to the alliances with organizations such as Gulf Oil Corporation (Chevron), Mobil Oil Corporation, Montell USA Inc., Mattel Inc., Sumitomo Corporation, Mitsubishi Corporation, BTR Nylex Ltd., and Norsk Hydro to name a few.