PETALING JAYA: The petrochemical industry clawed back some of the ground lost in the second half of this year on the back of stronger products’ selling prices – a momentum that is likely to spill over until the first half of 2021.
This in turn, would see Petronas Chemicals Group Bhd (PetChem) and peer Lotte Chemical Titan Holdings Bhd (LCT) delivering better net profits in FY21 against FY20, according to CGS-CIMB Research.
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