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Quarter of 'extreme external challenges' for Petronas Chemicals

ANN/THE STAR – Petronas Chemicals Group Bhd is expecting margins to remain under pressure after a quarter of “extreme external challenges,” according to the petrochemicals firm in Malaysia. Petronas Chemicals Managing Director and Chief Executive Officer Mohd Yusri Mohamed Yusof in a statement added; “We still have to contend with higher operating costs, slowing global […] ....

United States , Mohd Yusri Mohamed Yusof , Mohd Yusof , Petronas Chemicals Group Bhd , Petronas Chemicals Group , Chemicals Managing Director , Chemicals Group , Ann The Star 8211 Petronas Chemicals Group Bhd Expecting Margins Remain Pressure After Quarter 8220 Extreme External Challenges , 221 According Petrochemicals Firm Malaysia Petronas Chemicals Managing Director Chief Executive Officer Mohd Yusri Mohamed Yusof Statement Added 8220 We Still Contend Higher Operating Costs , Lowing Global Hellip ,

FBM KLCI closes marginally lower at 1,441 points

Bursa Malaysia closed lower for the third consecutive day in tandem with the regional selldown, following the negative cue from global equities overnight. ....

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Petronas, other firms invest in green fuel

Kota Kinabalu: Petronas is diversifying its portfolio to include biofuels as part of the company’s offerings. ....

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Malaysia's KLCI index reverses two-day falling streak

Malaysian stocks reversed a two-day falling streak Thursday, with the benchmark FTSE Bursa Malaysia KLCI rising 0.3% to 1,406.69. YTL Power International a. ....

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PCG-PETRONAS' Gas supply agreement extended for a minimum of six months

KUALA LUMPUR: The validity period of the existing gas supply agreement between Petroliam Nasional Bhd (Petronas) and Petronas Chemicals Group Bhd (PCG) for the supply of ethane and propane as feedstock for plant operations at Petronas Chemicals Olefins Sdn Bhd (PCOSB) has been extended from July 1, 2023 on the same terms and conditions for a minimum of six months. ....

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