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PetChem completes acquisition of Da Vinci Group
KUALA LUMPUR: Petronas Chemicals Group Bhd (PetChem) has completed the acquisition of Da Vinci Group BV after fulfilling the conditions required in the share purchase agreement to complete the acquisition of 100% of the share in Da Vinci.
PetChem extends rally, telcos rebound
KUALA LUMPUR: Global equities headed higher as interest rate cuts were back in the spotlight ahead of the European Central Bank's policy meeting later tonight, which could pave the way for another round of global easing.
Sarawak Petchem plant to be on stream in 2023
BINTULU: The Sarawak Petchem Sdn Bhd-owned mega methanol plant project here is expected to come on stream in 2023.
PetChem earnings likely to be hit
PETALING JAYA: The expectations for weakening polyethylene prices and the escalating trade tensions between the two giant economies are expected to take a toll on Petronas Chemicals Group Bhd’s (PetChem) earnings for the financial years (FY) 2019-2021
PetChem’s earnings likely to soften in Q2 and Q3
PETALING JAYA: The earnings of Petronas Chemicals Group Bhd (PetChem) are expected to soften in the second quarter (2Q19) and this is likely to further weaken in the next quarter with a heavy plant turnaround, says Affin Hwang Capital Research.
PetChem, Tenaga lead KLCI lower
KUALA LUMPUR: Bursa Malaysia ended down on Tuesday as investors fretted over slower growth in China and the corporate earnings in the US to gauge the health of the world’s biggest economy.
Trading ideas: NTPM, Yinson, Fintec Global, PetChem, Scientex
KUALA LUMPUR: Stocks on investors' radar screens today include NTPM, Yinson, Fintec Global, Petronas Chemicals and Scientex, said JF Apex research in its daily highlights report.
PetChem signs MoU with chemical recycling firm
PETALING JAYA: Petronas Chemicals Group Bhd (PetChem) has inked a memorandum of understanding (MoU) with chemical recycling company Plastic Energy Ltd to collaborate in addressing plastic waste in Malaysia that is unable to be recycled by conventional means.
PetChem signs two deals with Scomi Energy
PETALING JAYA: Petronas Chemicals Group Bhd has partnered with Scomi Energy Services Bhd to jointly develop and market chemical solutions.
Tenaga, PetChem lead KLCI lower, Asian markets mixed
KUALA LUMPUR: Blue chips were unable to hold on to their early gains on Monday as selling of Tenaga Nasional and Petronas Chemicals pushed the FBM KLCI into the red.
