Despite recording a Loss After Tax of RM2.1 billion, PETRONAS Chemicals maintained an 88% plant utilisation rate and declared a second interim dividend of 4 sen per share, returning RM320 million to shareholders.
The Group’s resilience was evident in its diversified portfolio, though oversupply, trade tensions, and tariff disruptions remain key challenges for 2026.
PETRONAS Chemicals Posts Loss
- Fertiliser & Methanol:
The strongest performer in FY2025, buoyed by stable urea demand in India, Australia and Latin America. Methanol sales rose through strategic sourcing, helping offset weakness in other portfolios. - Olefin & Derivatives:
Weighed down by lower product prices, weak downstream demand, and currency effects. The strengthening Ringgit and higher depreciation at Pengerang Petrochemical further eroded margins. - Specialty Chemicals:
Faced persistent oversupply and pricing pressure across Asia-Pacific. Lower sales volumes in Intermediates, asset impairments, and foreign exchange losses compounded the downturn.
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