Lower plant utilisation likely to affect PetChem

PETALING JAYA: Macro and operational challenges resulting in lower plant utilisation may impact chemical manufacturer Petronas Chemicals Group Bhd’s (PetChem) first quarter of the financial year 2025 (1Q25).

However, higher urea prices may support the company’s fertiliser and methanol division’s forecast, according to Kenanga Research.

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PETRONAS Chemicals , petrochemicals , fertliser , methanol , olefins

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