KUALA LUMPUR: Petronas Chemicals Group Bhd
(PCG) said it will take a RM232mil hit in the fourth quarter ending Dec 31 after it decided to close a joint venture plant in Gebeng, Pahang.
"The Board has approved the cessation of Butanediol (BDO) complex by a joint venture of the group, BASF PETRONAS Chemicals Sdn Bhd (BPC) as part of portfolio realignment," the company said in a filing with Bursa Malaysia today.
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