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PETALING JAYA: Petronas Chemicals Group Bhd (PetChem) will continue to sustain its strength in basic petrochemicals as well as diversify into derivatives and specialty chemicals to add value to customers and benefit from higher margins.
KUALA LUMPUR: Petronas Chemicals Group Bhd will push ahead with its two-pronged strategy to sustain its strength in basic petrochemicals and to diversify into derivatives and solutions.
DURING an ongoing economic slowdown which has seen petrochemical players producing lacklustre results on depressing margins, Petronas Chemicals Group Bhd has been gearing up its battle machines.
KUALA LUMPUR: Petronas Chemicals Group Bhd (PetChem) rose over 3.3% iin early trade Tuesday on the back of its entry into specialty chemicals.
KUALA LUMPUR: JF Apex expects oil and gas counters, UEM Sunrise Bhd. Ni Hsin Resources Bhd, Malaysia Steel Works (KL) Bhd (Masteel), Marine & General Bhd and Petronas Chemicals Group Bhd (PetChem) to be among the stocks to watch on Tuesday.
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.
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
PETALING JAYA: Petronas Chemicals Group Bhd’s (PetChem) acquisition of Dutch firm Da Vinci Group BV gives it immediate entry into the growing silicone business and will allow it to command higher and more stable profit margins.
KUALA LUMPUR: Petronas Chemicals Group Bhd (PetChem) shares fell in early trade Friday after the group said it would pay RM760.8mil for Dutch firm Da Vinci Group BV.