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Petronas and Aramco units in divestment deal as part of refinery tie-up

Kuala Lumpur

FOLLOWING an earlier agreement between national oil companies Petronas and Saudi Aramco to team up in the Johor Pengerang refinery and cracker project, Petronas Chemicals Group Bhd (PetChem) has divested half of its equity interest and shareholder loans in wholly-owned...

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