PetChem: Higher Profits, Capex Maintained

Datuk Sazali Hamzah, Managing Director/ Chief Executive Officer, Petronas Chemicals Group Bhd

16-May-17 07:37

PetChem: Higher Profits, Capex Maintained

Pause
Embed

Petronas Chemicals saw a 120% on-year increase in 1Q17 net profit, and are expected to stick to its RM4 billion capex plan for 2017. Datuk Sazali also outlines the integrated chemicals producer's growth strategy, which will be 'much more active', given a recent JV with Saudi Aramco.

This and more than 60,000 other podcasts in your hand. Download the all new BFM mobile app.

Categories:

Tags: Petronas Chemicals, Pengerang, RAPID, net profit, Lotte Chemicals, 99% utilisation, natural hedge, oil volatility, US dollars, corporate tax, ASEAN, PetChem, Petronas

Today’s Shows

6:00 AM

The 6AM Stretch

Thought-provoking discussions on ideas, people and events shaping our lives.

7:00 AM

World Market Watch

Tony Nash, CEO, Complete Intelligence tells us where international markets are heading.

7:15 AM

Morning Brief

We recap global and local headlines from today's papers and portals.

7:30 AM

Morning Brief

Catherine Lim, Senior Industry Analyst, Bloomberg Intelligence talks about China's consumption and retail sector.

7:45 AM

Morning Brief

Dr Jun-E Tan, Senior Research Associate at Khazanah Research Institute, weighs in on Malaysia’s national AI governance framework and its challenges.

8:00 AM

The Breakfast Grille

Dr Edmund Terence Gomez of Universiti Malaya examines Malaysia’s GLCs and their political and economic influence amid recent MACC probes and the Bloomberg report.

8:30 AM

Morning Brief

We break down the day’s top news with expert insights.

8:45 AM

Morning Brief

Jared Mondschein, Director of Research at the United States Studies Centre, joins us for a chat about US politics.

9:00 AM

Opening Bell

(REPEAT) Tony Nash, CEO, Complete Intelligence tells us where international markets are heading.

9:15 AM

Opening Bell

(REPEAT) Catherine Lim, Senior Industry Analyst, Bloomberg Intelligence talks about China's consumption and retail sector.

9:35 AM

Ringgit & Sense

Harvindar Singh, Managing Partner of Harvey & Associates talks about individual tax reliefs and tips for filing one's taxes.

10:05 AM

Open For Business

Jatin Solanki, Founder and CEO of Decube

11:00 AM

Tech Talk

Daren Tan, Founder and CEO, ALPHV

12:00 PM

Enterprise Explores (REPEAT)

Gary Yeoh, Chief Marketing Officer, PayNet; and Joshua Lim, Co Founder & CEO, Buzz

1:00 PM

Breakfast Grille (REPEAT)

Dr Edmund Terence Gomez of Universiti Malaya examines Malaysia’s GLCs and their political and economic influence amid recent MACC probes and the Bloomberg report.

2:05 PM

Discovery Hour

An eclectic selection of BBC shows, curated with variety in mind.

3:05 PM

Beyond the Ballot Box

4:05 PM

Health & Living

We look at the role of family medicine in preventing and managing obesity.

5:00 PM

Top 5 at 5

A countdown of the 5 biggest stories of the day, to catch you up on all you need to know!

6:00 PM

Talkback Thursday

PROGRAMMES