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Petronas Chemicals saw a 120% on-year increase in 1Q17 net profit, and are expected to stick to its RM4 billion capex plan for 2017. Datuk Sazali also outlines the integrated chemicals producer's growth strategy, which will be 'much more active', given a recent JV with Saudi Aramco.
Petronas ChemicalsPengerangRAPIDnet profitLotte Chemicals99% utilisationnatural hedgeoil volatilityUS dollarscorporate taxASEANPetChemPetronas
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07:37, 16 May 2017
Petronas Chemicals saw a 120% on-year increase in 1Q17 net profit, and are expected to stick to its RM4 billion capex plan for 2017. Datuk Sazali also outlines the integrated chemicals producer's growth strategy, which will be 'much more active', given a recent JV with Saudi Aramco.
Petronas ChemicalsPengerangRAPIDnet profitLotte Chemicals99% utilisationnatural hedgeoil volatilityUS dollarscorporate taxASEANPetChemPetronas
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