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Business 20 Jun 2019 | 12:00 AM

Petronas, Aramco start naphtha cracker at new Pengerang refinery

SINGAPORE: Petroliam Nasional Bhd (Petronas) and Saudi Aramco have started operations at their new 1.2-million-tonnes-per-year naphtha cracker, multiple sources familiar the matter said.

Corporate News 19 Oct 2018 | 12:00 AM

Lotte says third plant to meet demand for polypropylene

JOHOR BARU: Lotte Chemical Titan Holding Bhd hopes the completion of its third polypropylene plant (PP3) in Pasir Gudang here will meet market demand growth for polypropylene in Malaysia, Indonesia, China and the rest of the South-East Asian market.

Markets 04 Jul 2017 | 12:00 AM

Lotte Chemical Titan cuts IPO price to RM6.50

PETALING JAYA: Lotte Chemical Titan Holding Bhd has priced its shares at RM6.50 each, sharply lower than what the Bursa Malaysia Main Market-bound company had originally hoped for, amid tepid response from investors

Business 03 Jul 2017 | 12:00 AM

Wider appeal after revamp

PETALING JAYA: A change to the structure of the Lotte Chemical Titan Holding Bhd initial public offering (IPO) by bankers for today is expected to see big foreign institutional investors take up the shares on offer after the deal was restructured to cater to global-investor appetite.

Corporate News 17 Jun 2017 | 12:00 AM

IPO marks new growth chapter for Lotte Chemical

SEVEN years after buying out Titan Chemicals Corp in Malaysia, South Korean conglomerate Lotte is bringing that asset back to the Malaysian market at a value six times more from then.

Corporate News 23 Feb 2017 | 11:01 AM

Fitch affirms Petronas's IDRs ratings at A minus, outlook stable

KUALA LUMPUR: Fitch Ratings has affirmed Petroliam Nasional Bhd's long term foreign and local currency issuer defaut ratings (IDRs) at “A-” and affirmed its short-term foreign currency IDR at “F1”.

Community 11 Feb 2017 | 12:00 AM

Dr Wee: Pengerang has seen a lot of development

PENGERANG: Chinese voters in the Pengerang parliamentary have been advised not to be influenced by the Opposition ahead of GE14.

Nation 10 Feb 2017 | 1:46 AM

Dr Wee: Don't be influenced by opposition tactics

PENGERANG: Chinese voters in the Pengerang parliamentary constituency have been advised not to be influenced by the tactics used by the Opposition ahead of the general election.

Business 26 Sep 2012 | 12:00 AM

Two foreign firms likely to invest US$20bil in PIPC

JOHOR BARU: Two foreign companies are expected to invest between US$16bil and US$20bil in the Pengerang Integrated Petroleum Complex (PIPC), according to Johor Petroleum Development Corp Bhd (JPDC).

Transformation Unplugged 24 Sep 2012 | 12:00 AM

Firing up oil and gas

COMING from Sarawak and as a former Shell employee, I know very well how important the oil and gas (OG) industry is not just to Sarawak but the whole of Malaysia. But we have to move beyond being largely upstream producers to increase value at every link in the entire chain.