PETRONAS Chemicals Group Berhad (KLSE:PCHEM) will seek acquisition. The company has earmarked about $12 billion to be spent over the next 18 years for future deals, with the focus on specialty chemicals. Head of Commercial Shamsairi Mohd Ibrahim said this plan also includes mergers and acquisitions (M&As) as well as identifying more projects especially those that fulfil the company’s three-pronged growth levers.