Petronas Chemicals traded at 5.63 this Wednesday April 15th, decreasing 0.27 or 4.58 percent since the previous trading session. Looking back, over the last four weeks, Petronas Chemicals lost 22.93 percent. Over the last 12 months, its price rose by 83.39 percent. Looking ahead, we forecast Petronas Chemicals to be priced at 5.71 by the end of this quarter and at 5.40 in one year, according to Trading Economics global macro models projections and analysts expectations.
PETRONAS Chemicals Group Berhad is an investment holding company. The Company is an integrated chemicals producer in Malaysia. The Company's segments include Olefins and Derivatives, which consists of manufacturing and marketing of a range of olefin and polymer products, which are used as basic feedstock for other products, to intermediate products, including basic and high performance chemicals; Fertilisers and Methanol, which consists of manufacturing and marketing methanol and a range of nitrogen, phosphate and compound fertilizers, and Others, which consists of operations related to investment holding company and port services, which provide product distribution infrastructure. Its portfolio of products includes Ethylene, Propylene, Monoethylene Glycol (MEG), Diethylene Glycol (DEG), Performance Chemicals, Paraxylene, Benzene, Methyl Tertiary Butyl Ether (MTBE), Methanol, Ammonia, Urea, Acrylics, Oxo-Alcohols, Butanediol, Styrene Monomer and Acetic Acid.