Wednesday, August 5, 2009

Petronas Mesti Bayar Royalti Untuk Kelantan

Sejuk je cadangan Petronas untuk membelanjakan RM2.1 billion bagi pengambilalihan Optimal Group of Companies di Kerteh. Sudah pastinya Petronas lebih dari kemampuannya untuk membayar royalti minyak kepada Kerajaan Kelantan yang tertangguh sejak sekian lama. Cumanya perlu kata dua, hitam putih, dari rejim Najib sahaja lagi.

KUALA LUMPUR, July 30 — Petroliam Nasional Bhd (Petronas) has acquired the entire shares of Union Carbide Corp in Optimal Group of Companies for US$660 million (RM2.31 billion).

Union Carbide is a wholly-owned subsidiary of The Dow Chemical Company.

In a joint statement with Dow here today, Petronas said it would fund the acquisition through internally generated funds.

The transaction, subject to customary conditions and approvals, is expected to be concluded by the third quarter this year.

Dow and Petronas have agreed to enter into a commercial supply agreement allowing the two companies to continue serving the current customer base with products manufactured by Optimal.

Dow will market Optimal’s basic and performance chemicals products to Dow’s existing customer base in Asia Pacific.

“Our purchase of Dow’s equity in Optimal would enable us to strengthen our presence in olefins and reinforce the growth of the Malaysian petrochemical industry,” said Petronas president and chief executive officer, Tan Sri Mohd Hassan Marican.

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