BP To Unload Malaysian Ethylene Assets For $363M
The transaction involves BP's 15 percent interest in Ethylene Malaysia Sdn. Bhd. and its 60 percent interest in Polyethylene Malaysia Sdn. Bhd., operations that are both located in Kerteh on the eastern coast of Malaysia.
Datuk Wan Zulkiflee Wan Ariffin, Petronas’ executive vice president of downstream business, said the purchase would...
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