Petronas Chemicals' F&M segment shining bright


KUALA LUMPUR: Elevated prices in the fertilisers and methanol segment continue to boost Petronas Chemicals Bhd's near-to-mid-term outlook as the supply constraints are not expected to ease until mid-2022.

According to Maybank Investment Bank Research, the segment, which was the primary driver of Petronas Chemical's record-breaking 2Q21, continues to see heightened earnings amid tightening global supply and soaring average product prices (ASP).

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