PCG cautious about rising oil, commodity prices


PCG managing director/chief executive officer Mohd Yusri Mohamed Yusof

KUALA LUMPUR: Petronas Chemicals Group Bhd (PCG) remains cautious in view of the rising oil and commodity prices as well as geopolitical tensions that may impact the global economy.

"As we transition to an endemic phase this year, we remain cautious in view of the rising oil and commodity prices as well as geopolitical tensions that may impact the global economy. We will continue our operational and commercial excellence, cost optimisation efforts and pursue growth opportunities in 2022.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Australian dollar scales 15-month high on strong jobs data
Gold dips, stocks lift as Trump walks back Greenland threats
Ringgit opens firmer on OPR hold expectations
Bursa Malaysia tracks global rebound as Trump walks back tariffs threat
Trading ideas: Sunway, IJM, Binastra, Capital A, Elridge, Oxford Innotech, Steel Hawk, Carimin, SMRT, Reneuco, Suria, KIP REIT, Pantech
Wall Street jumps on Greenland framework deal
Wasco to gain from transition to renewables
CPO prices to stay range-bound in February
Maybank’s sustained returns growth ambition
Steel Hawk unit secures Sabah contract

Others Also Read