Big plans: (from left) PetChem president and chief executive officer Datuk Sazali Hamzah, Arif and CFO Rashidah Alias announcing the integrated chemical producer’s plans for 2016 at a media conference.
KUALA LUMPUR: Petronas Chemicals Group Bhd
(PetChem) smells growth opportunities in the aroma ingredients business and is considering an expansion of its facility in Gebeng, Pahang.
This is on the back of a US$1.3bil cutback on its US$3.9bil planned investment in the Refinery and Petrochemicals Integrated Development (Rapid) project in Johor over concerns on the future prospects of the synthetic rubber segment.
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