in this issue
World News and Views :: Top of the News
Petronas to IPO Petrochemicals Business
9:06 AM MDT | September 7, 2010 | Natasha Alperowicz
State-owned energy firm Petronas (Kuala Lumpur) has filed a draft prospectus with the Malaysian Securities Commission (Kuala Lumpur) for an initial public offering (IPO) of the company's petrochemicals business at a yet-to-be-determined date. The listing of Petronas Chemicals is in response to a call by Malaysian prime minister Najib Razak to reduce state ownership in companies and boost stock market liquidity. Petronas will remain a controlling shareholder in the chemicals company. Petronas says it is the leading integrated petrochemicals producer in Malaysia...
This information is only available to Chemical Week subscribers.
Forgot your user ID or password?
Not an IHS Chemical Week member yet?
Here's why you should be:
100% Satisfaction Guarantee