PetChem aims to sustain production output this year

KUALA LUMPUR: Petronas Chemicals Group Bhd (PetChem) aims to sustain its financial year 2017 (FY17) level of production, but will not commit to saying if this can be translated into another record year financially.

“I cannot guarantee to achieve another year of record financial performance. But we will sustain the level of production (output) utilisation of more than 90% in our plants. This is the challenge for us at the moment to maintain it at least at the same production level as last year,” said chairman Datuk Md Arif Mahmood at a press conference after its AGM yesterday.