IHS Chemical Week

Chemical Week Magazine :: Business & Finance :: Asia/Pacific

Petronas Chemicals reports rise in profits

1:30 PM MDT | June 3, 2013 | —Deepti Ramesh

Petronas Chemicals (Kuala Lumpur) reports a 10.2% rise in profits for the first quarter of 2013 compared with the year-ago quarter, to 1.23 billion ringgit ($406 million), mainly due to improved product margins. First-quarter sales increased 1.5%, to ringgit4.45 billion, because of higher selling prices, the company says. The first quarter of 2013 featured more favorable market conditions—firmer product prices and improved margins, since feedstock costs did not rise in tandem with prices—for the petrochemical industry, the company says. Operational...

This information is only available to Chemical Week subscribers.


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

Not an IHS Chemical Week subscriber yet?

Here's why you should be:

  • 31 issues of Chemical Week magazine a year in print or digital format
  • Real time news and analysis on chemweek.com 
  • 20+ years of online archives
  • Topical e-newsletters that capture the most impactful events
  • Special issues with a regional or company focus
  • Global Outlook issue

Subscribe now


contact us | about us | privacy policy | sitemap

ihsCopyright © 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