Malaysia's Petronas expands control over strategic refining, petrochemicals value chain
Petronas Refinery and Petrochemical Corporation Sdn Bhd will acquire the stake held by Saudi Arabian Oil Company (Aramco) in Pengerang Refining Company Sdn Bhd and Pengerang Petrochemical Company Sdn Bhd (PRefChem), located within the Pengerang Integrated Complex, Pengerang, Johor.