KUALA LUMPUR: Petronas Chemicals Group Bhd (PetChem) is looking to invest RM3bil in capital expenditure (capex) this year, and hopes to reach a final investment decision (FID) on the expansion of its plant in Gebeng, Kuantan by year-end.
“We are hoping to get the FID by year-end and the plant should be operational by 2016,” chairman Datuk Wan Zulkiflee Wan Ariffin said after its AGM yesterday.
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