PetChem’s outlook sturdy

The group’s Pengerang Integrated Complex (PIC) has started in May, with its petrochemical plants expected to commence operations in phases.

PETALING JAYA: The near-term earnings outlook for Petronas Chemicals Group Bhd (PetChem) is likely to be solid on attractive valuations given the resilient oil and gas or O&G prices, say analysts.

The group’s Pengerang Integrated Complex (PIC) has started in May, with its petrochemical plants expected to commence operations in phases.