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Business 07 Jan 2005 | 12:00 AM

Taiwan’s CPC and Formosa plan petchem, steel plants

Taiwan's staterun Chinese Petroleum Corp (CPC) and the Formosa Plastics Group are both planning to build multi-billion dollar heavy industrial complexes on the same site in the central part of the island, executives said yesterday.

Business 04 Oct 2005 | 12:00 AM

ILB to service Titan unit’s logistic needs

INTEGRATED Logistics Bhd's (ILB) wholly-owned subsidiary Integrated Forwarding Shipping Bhd has agreed to provide warehousing, storage, forwarding, shipping and other related warehousing and logistics services to Titan Chemical Corp Bhd's wholly-owned subsidiary Titan Petchem (M) Sdn Bhd. - AFX-Asia

Business 28 Dec 2005 | 12:00 AM

Titan unit to buy all shares, assume debts of PT PENI

Titan Petchem (M) Sdn Bhd, a unit of Titan Chemicals Corp Bhd, will acquire 100% equity in PT Petrokimia Nusantara Interindo (PT PENI), the largest Indonesian polyethylene producer, from Golden Park Ltd for US$20mil cash.

Business 06 Feb 2006 | 12:00 AM

ILB sets sights on logistics outsourcing

IN a world that competes on speed and efficiency, manufacturers are outsourcing non-core activities to trim costs and boost productivity. Group chief executive Tee Tuan Sem has set his sights on developing its vendor management inventory (VMI) solutions business in the Asian region.

Business 06 Feb 2006 | 12:00 AM

Warehouse platform for vendor management inventory

SEEING is believing. Visitors to Integrated Logistics Bhd's (ILB) warehouses in Shenzhen can see the just-in-time (JIT) concept, often mentioned in management textbooks, being practised in real life.

Business 22 Mar 2006 | 12:00 AM

Titan completes Indon deal

Titan Chemicals Corp Bhd announced yesterday the completion of its proposed acquisition of 100% of PT Petrokimia Nusantara Interindo (PT PENI) via its subsidiary, Titan Petchem (M) Sdn Bhd, making Titan Chemicals the largest polyolefins producer in South-East Asia.

Business 08 Nov 2006 | 12:00 AM

Titan net profit surges 154% in Q3

The country's largest petrochemical producer, Titan Chemicals Corp Bhd, reported a 154% jump in net profit to RM123.7mil in the third quarter ended Sept 30 from RM48.7mil in the corresponding period last year. Sales rose 25% to RM1.5bil from RM1.2bil previously.

Business 23 Feb 2011 | 12:00 AM

Strong Q3 earnings seen for PetChem

PETALING JAYA: Petronas Chemicals Group Bhd (PetChem), a Petroliam Nasional Bhd (Petronas) unit which was listed on the Main Market last November, should see strong third-quarter earnings owing to high utilisation rates and strong product margins.

Business 27 Jul 2011 | 12:00 AM

PetChem makes offer to Sabah amid land problems

KUALA LUMPUR: Petronas Chemicals Group Bhd (PetChem), which is currently trying to resolve land related matters for its proposed Sabah Ammonia-Urea plant project (Samur), has offered a 25% equity partnership to the state government.

Business 12 Aug 2011 | 12:00 AM

FBM KLCI closes higher

The FTSE Bursa Malaysia KLCI (FBM KLCI) closes higher today by 7.21 points to 1,483.67 following overnight Wall Street recovery