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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.
Shares of Petronas Chemicals Bhd fell to RM5.68, the lowest since October 2011 after its disappointing third quarter results.
KUALA LUMPUR: Petronas Chemicals Group Bhd recorded net profit of RM742mil and revenue of RM3.94bil in its third quarter ended Sept 30.
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.