A RM3.8bil injection for PetChem


Company gets huge capital boost from polymer plant deal with Saudi Aramco

GIVEN the earlier announcement that Saudi Aramco will be investing US$7bil in the Refinery and Petrochemical Integrated Development (Rapid) project in Pengerang, Johor, it did not come as a big surprise when Petronas Chemicals Group Bhd (PetChem) inked a new deal with the state oil company of Saudi Arabia.

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