KUALA LUMPUR: Petronas Chemicals Group Bhd’s financial year 2017 may be its “best year of its life” with its earnings set to beat expectation, said Maybank Investment Bank. In the fourth quarter of this year, Maybank IB said Methanol Plant 1 will undergo a turnaround but all the other plants are fully operational. For 2018, Maybank IB said the outlook looks to be much better than the initial expectations. Maybank IB said PetChem has guided that the turnaround activities in Kertih Integrated Petrochemical Complex (IPC) should result in less than two months of downtime. The Aroma and HR-PIB plants are expected to be ready and contribute to the group in 2018, Maybank IB said.

Source: New Strait Times November 13, 2017 00:45 UTC