PETRONAS Chemicals Group Berhad (PECGF)
PETRONAS Chemicals Group Berhad operates in the Chemicals industry of the Basic Materials sector, headquartered in Kuala Lumpur, WP, MY. The stock last traded at $0.86, up 0.00% on the session, giving a market capitalisation of $6.85B. On trailing twelve-month figures it carries a trailing P/E of -21.11, a net margin of -6.4%. Its beta of -0.78 implies it has historically moved less than the broad market.
PETRONAS Chemicals Group Berhad, an investment holding company, operates as a significant global manufacturer, marketer, and seller of a broad spectrum of petrochemical items. Its business activities are organized into two main divisions: Olefins and Derivatives, and Fertilisers and Methanol. The company's product range encompasses a variety of polymers, including high-density polyethylene for applications such as blown films, blow molding, and pipes, as well as linear low-density polyethylene, and different forms of polypropylene (homopolymer, copolymer, and terpolymer). Additionally, it provides fundamental chemicals like ethylene, propylene, methanol, paraxylene, benzene, and butadiene. Its extensive catalog further features ethylene glycols, butyl carbitol, cellosolve, butanol, butyl acetate, polyethylene glycols, tergitol, nonylphenol ethoxylates, ethanolamines, and gas treating solvents. Nitrogen-based products like ammonia and urea are also part of its offerings, alongside specialized chemicals such as PETRONAS Aireblue (a diesel exhaust fluid), oxo-alcohols, and water-based mud additives. Beyond production, the group's operations include transforming feedstock into syngas, carbon monoxide, and various ethylene oxide and propylene derivatives. It is also responsible for the ownership, operation, and management of the Kertih marine facilities. Furthermore, the company processes natural gas to produce urea and ammonia, and engages in the resale, formulation, and manufacturing of silicones, lube oil additives, and other chemical compounds. A portion of its business also involves real estate. Founded in Kuala Lumpur, Malaysia, in 1985, PETRONAS Chemicals Group Berhad functions as a subsidiary of Petroliam Nasional Berhad.
PETRONAS Chemicals Group Berhad is most often compared with the following Basic Materials names: