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Petronas Chemicals Group Bhd (PCGB.KL)

PCGB.KL on Kuala Lumpur Stock Exchange

26 May 2017
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Latest Key Developments (Source: Significant Developments)

Petronas Chemicals Group says qtrly net profit 1.30 bln RGT
Monday, 15 May 2017 02:00am EDT 

May 15 (Reuters) - Petronas Chemicals Group Bhd ::Qtrly net profit 1.30 billion RGT.Qtrly revenue 4.70 billion RGT versus 3.15 billion RGT.  Full Article

Petronas Chemicals approves the final investment decision for an Isononanol plant
Tuesday, 18 Apr 2017 10:43am EDT 

April 18 (Reuters) - Petronas Chemicals Group Bhd ::Approved the final investment decision for an Isononanol plant within the Pengerang Integrated complex.Total investment cost for the project is $442 million.Transaction does not have any material effect on the earnings of the group at the transaction date.  Full Article

Petronas Chemicals Group qtrly net profit 987 mln rgt vs 704 mln rgt year ago
Sunday, 19 Feb 2017 11:58pm EST 

Petronas Chemicals Group Bhd : qtrly net profit 987.0 million rgt . qtrly revenue 3.95 billion rgt . year ago qtrly net profit 704.0 million rgt, qtrly revenue 3.45 billion rgt . declared second interim single tier dividend of 12 sen per ordinary share, for the year ended 31 december 2016 . "group anticipates the olefins and derivatives market to be bullish in the near term" . "fertiliser market is likely to firm on the back of seasonal demand from key US and China markets " ."methanol price is anticipated to stabilise given robust downstream demand ".  Full Article

PCC Exol, PCC Rokita's unit signs framework agreement with PCG
Friday, 10 Feb 2017 04:50am EST 

PCC Exol SA : PCC Exol and PCC Rokita's unit, Elpis Sp. z o.o. (Elpis), signs a framework agreement with Petronas Chemicals Group Berhad (PCG) concerning an investment in oxy-alkylates production . The unit also signs a deal with Petronas Chemicals Marketing Labuan for the delivery of ethylene oxide which is the main ingredient for oxy-alkylates production . Elpis to set up a unit in Malaysia related to the investment .PCG will have the right to buy 50 percent of the new unit within 2 years once the production starts.  Full Article

Petronas Chemicals Group posts qtrly revenue of 3.20 billion rgt
Tuesday, 9 Aug 2016 12:57am EDT 

Petronas Chemicals Group Bhd : Petronas chemicals group - qtrly revenue 3.20 billion rgt versus 3.31 billion rgt last year . Qtrly net profit 462 million rgt versus 557 million rgt . Says proposed interim dividend of 7 sens per share .  Full Article

Petronas Chemicals Group posts qtrly net profit of 592 mln RGT
Monday, 9 May 2016 06:14am EDT 

Petronas Chemicals Group Bhd : Qtrly net profit 592 mln RGT vs 605 mln RGT . Qtrly revenue 3.15 billion rgt versus 3.14 billion rgt last year . "Group anticipates the market for olefins and derivatives to be stable given tight supply in the region" . "Expects the segment's feedstock supply reliability for 2016 to improve with additional gas supply from upstream via a new pipeline" . "Fertiliser market is expected to remain challenging" ."Group aims to achieve better plant utilisation for 2016".  Full Article

Petronas Chemicals Group Bhd enters into related party transaction
Monday, 2 Nov 2015 07:00pm EST 

Petronas Chemicals Group Bhd:Entered into a related party transaction with PETRONAS Refinery and Petrochemical Corporation Sdn Bhd.PCG will pay PRPC a consideration 13,000 ringgit, based on a willing buyer and willing seller basis.Acquired from PRPC, a unit of Petroliam Nasional Berhad, entire equity in 3 cos, namely PRPC Glycols, PRPC Polymers and PRPC Elastomers.Time of completion of the transaction is 3 November 2015.Transaction does not have any material effect on the earnings or the net assets ofthe group at the transaction date.  Full Article

Petronas Chemicals Group Bhd declares interim dividend
Thursday, 6 Aug 2015 08:00pm EDT 

Petronas Chemicals Group Bhd:Declared an interim single tier dividend of 8 sen per share for FY 2015.The EX-date is Aug. 20.The Payment date is Sep. 09.  Full Article

More From Around the Web

Petronas Chemicals looks to boost specialty chemicals sales

KUALA LUMPUR The chemical manufacturing unit of Malaysia's state energy firm Petronas [PETR.UL] is looking to grow "aggressively" in specialty chemicals to meet demand in new regional markets and profit from higher margins, its CEO told Reuters on Tuesday.