Media Centre

WITH its capital expenditure (capex) progressing as planned, Petronas Chemicals Group Bhd (PetChem) could well be on track to strengthen its market position even as competition in the petrochemicals industry in the region is heating up.

Speaking to reporters after the company’s AGM here, PetGas chairman Datuk Mohd Anuar Taib said the company’s infrastructure was in place for third party access, but details on the implementation, including the new tariff rates were still being ironed out with the Energy Commission.

OHOR BAHRU: Astaka Holdings Limited (Astaka), taking advantage of the proposed multi-billion ringgit Petronas-Aramco refinery project, is developing the Bukit Pelali strata township at Pengerang.

KUALA LUMPUR: Petronas Chemicals Group Bhd (PetChem) plans to invest US$442mil (RM1.95bil) to set up an isononanol (INA) plant within the Pengerang Integrated Complex in Johor.