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Business 19 Dec 2012 | 12:00 AM

PetChem looking to ‘fertilise’ growth in new markets

KUALA LUMPUR: The petrochemical industry should see moderate growth in 2013, much dependent on how quickly China, India and the Asia-Pacific economies recover from the global crisis.

Business 18 Dec 2012 | 12:00 AM

KLCI jumps in early trade, Axiata lifts

Blue chips advanced in early trade on Tuesday, underpinned by gains in Axiata and UMW, as investors' sentiment perked up following the firmer overnight close on Wall Street.

Business 03 Dec 2012 | 12:00 AM

Malaysia's KLCI slips, IHH, PetChem weigh

Malaysia's blue chips fell in the morning session on Monday, dragged down by selling of IHH Healthcare and Petronas Chemicals, while key Asian markets put up a mixed performance.

Business 03 Dec 2012 | 12:00 AM

Petronas Chemicals falls to lowest since October 2011

Shares of Petronas Chemicals Bhd fell to RM5.68, the lowest since October 2011 after its disappointing third quarter results.

Business 28 Nov 2012 | 12:00 AM

PetChem earnings drop on low prices, volumes

PETALING JAYA: Petronas Chemicals Group Bhd's (PetChem) third-quarter net profit for the period ended 30 Sept declined 38.3% to RM742mil, with revenue dropping to RM3.94bil from RM4.64bil.

Business 27 Nov 2012 | 12:00 AM

Petronas Chemicals' earnings fall to RM742mil profit

KUALA LUMPUR: Petronas Chemicals Group Bhd recorded net profit of RM742mil and revenue of RM3.94bil in its third quarter ended Sept 30.

Business 05 Nov 2012 | 12:00 AM

KLCI opens firmer, Sime, Public Bank up

Blue chips opened higher on Monday, underpinned by gains in heavyweight Sime Darby and Public Bank but the FBM KLCI could struggle later due to the cautious regional markets.

Business 01 Nov 2012 | 12:00 AM

Consumer dividend stocks slip in thin trade

Consumer dividend stocks were among the top losers at midday on Thursday on some mild selling.

Business 31 Oct 2012 | 12:00 AM

Discontinuing vinyl business will result in initial loss for PetChem

PETALING JAYA: With the discontinuation of its vinyl business, the short-term blow to its earnings would be a necessary evil for Petronas Chemicals Group Bhd (PetChem) to bounce back with better business integration in the future.

Business 30 Oct 2012 | 12:00 AM

PetChem to stop vinyl business

PETALING JAYA: Petronas Chemicals Group Bhd (PetChem) plans to discontinue its vinyl business, comprising two plants in Malaysia and one in Vietnam, by Jan 1, 2013, as part of its portfolio optimisation.