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Business 25 Apr 2014 | 12:00 AM

PetChem sets 85% target

KUALA LUMPUR: After a year of improving its operational efficiency, Petronas Chemicals Group Bhd (PetChem) targets to increase the utilisation rate of its plants to about 85% this year.

Business 24 Apr 2014 | 3:21 PM

PetChem allots 2014 capex of RM2.3bil

KUALA LUMPUR: Petronas Chemicals Group Bhd (PetChem) has set a capex of RM2.3bil for 2014, half of which it intends to channel into the Sabah Ammonnia Urea project.

Business 10 Apr 2014 | 8:38 AM

Trading ideas: SapuraKencana, PetChem, GAB

KUALA LUMPUR: JF Apex Research expects SapuraKencana Petroleum, Petronas Chemical and Guinness Anchor Bhd (GAB) to see trading interest on Thursday.

Business 31 Mar 2014 | 5:19 PM

KLCI off its day's worst, PetChem lifts

KUALA LUMPUR: Late buying of PetChem enabled the FBM KLCI to close off its day’s low on Monday despite selling pressure from plantation stocks.

Business 12 Mar 2014 | 12:46 PM

KLCI lower at midday on weak China data

KUALA LUMPUR: The FBM KLCI ended Wednesday’s midday session lower as blue chips continued to fall on weak China economic data and the uncertain regional markets sentiment.

Business 11 Feb 2014 | 12:00 AM

Regasification revenue boosts PetGas Q4 net profit

KUALA LUMPUR: Petronas Gas Bhd (PetGas) says its fourth-quarter ended Dec 31, 2013 net profit climbed to RM393.7mil from RM295mil a year ago, while revenue increased to RM1.02bil against RM909mil previously.

Business 21 Jan 2014 | 5:13 PM

PChem, YTL drive KLCI higher

KUALA LUMPUR: The FBM KLCI extended its gains and ended Tuesday on a firmer note supported by continuous buying of PChem and YTL, despite a heavy outflow of foreign funds.

Business 23 Dec 2013 | 5:08 PM

KLCI succumbs to selling pressure, ends Monday lower

KUALA LUMPUR: The FBM KLCI extended its losses and closed Monday in a negative note with profit taking of banks and Petronas-linked stocks, as investors added pressure ahead of the Christmas holidays.

Business 11 Dec 2013 | 5:14 PM

KLCI ends Wednesday lower despite push from Tenaga, Maybank

KUALA LUMPUR: The FBM KLCI ended Wednesday lower despite a last minute push by Tenaga and Maybank, as investors locked in profits on Petronas-linked stocks and IOI Corp.

Business 11 Dec 2013 | 12:40 PM

Profit taking of PetChem, IOI drive KLCI lower

KUALA LUMPUR: Profit taking of PetChem and IOI Corp dragged the FBM KLCI marginally lower at midday on Wednesday, mirroring the weaker broader market and Asian equities.