KUALA LUMPUR: Petronas Chemicals Group Bhd’s (PCG) net profit for its third quarter ended Sept 30 increased to RM661mil from RM635mil, following higher sales volumes of high-margin ethane-based products.
A major driving factor for the increase of the sales volumes was the higher plant utilisation rate for its olefin and derivatives segments during the quarter after the completion of the planned heavy turnaround activities in the second quarter of this year.
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