IHS Chemical Week

Petronas Chemicals reports lower sales

10:58 AM MST | November 8, 2013

Petronas Chemicals Group (PCG; Kuala Lumpur) reports lower sales and profits in the third quarter citing lower production and sales as a result of plant maintenance. Net profits and revenues were each 10% lower at 712 million Malaysian ringgit ($224.1 million) and MR3.5 billion, respectively. Maintenance at PCG's main cracker affected downstream facilities and led to reduced production and sales volumes. PCG forecasts demand for olefins & derivatives to continue to outstrip supply, driven by economic growth in key markets of Asia/Pacific, albeit at a slower...

Access is for Chemweek 24/7 PLUS Members ONLY

This information is only available to Chemweek 24/7 PLUS members who have subscribed to Chemweek’s Business Daily. If you are a member, please log in, OR if you have a trial membership, please use your trial membership account information. 

Username:
Password:

Forgot your user ID or password? Click here to have it sent to you.

 

 

If you are not yet a subscriber and would like to access the turnkey information found only in Chemweek’s Business Daily, subscribe now and you’ll get the most important news of the chemical industry delivered directly to your inbox—every day.

Sign up for a FREE 15-day trial of IHS Chemical Week Business Daily













 
contact us | about us | customer care | privacy policy | sitemap | advertise

ihsCopyright © 2014 IHS, Inc. All rights reserved. Reproduction in whole or in part without permission is prohibited.

North Asia Russia Southeast Asia China India/Pakistan Middle East Eastern Europe Western Europe Central America Canada USA Australia/New Zealand South America Africa