Petronas Chemicals Group Bhd. · MYX:PCHEM
Petronas Chemicals Group Bhd — Q2 2026 Earnings Presentation
15 slides from Petronas Chemicals Group Bhd's earnings presentation, Aug 19, 2026
Slide 1: Analyst Briefing: Second Quarter Ended 30 June 2026
[Open] PETRONAS CHEMICALS GROUP BERHAD Analyst Briefing Second Quarter Ended 30 June 2026 19 August 2026 The PETRONAS Group adopts zero tolerance against all forms of bribery and corruption. We abide by the PETRONAS Code of Conduct and Business Ethics ( CoBE ) & Anti - Bribery and Corruption (ABC) M
Slide 2: Disclaimer
[Open] Disclaimer PETRONAS Chemicals Group Berhad (“PCG”), its subsidiaries and related corporations confirm that care has been taken in ensuring the accuracy and correctness of information, statements, text, articles, data, images and other materials contained and appearing in this presentation and
Slide 3: Content
[Open] Content 1. Market Highlights 2. Operational and Financial Performance 3. Market Outlook 4. Key Highlights and Focus Areas 5. Q&A Page | 2 c Internal
Slide 4: Rising tensions in West Asia tightened supply, lifting chemicals prices
[Open] Rising tensions in West Asia tighten ed supply, lifting chemicals prices amid market uncertainty Brent O&D average Market Price F&M average Market Price 1600 121 130 108 52.50 104 51.37 Crude Oil, USD/barrel 110 Market Price, USD/MT 1200 85 85 1,273 90 68 71 71 68 68 67 71 1,180 64 65 64 63 1
Slide 5: 2Q 2026 vs 1Q 2026 Highlights: Solid earnings on improved product spreads
[Open] 2Q 2026 vs 1Q 2026 Highlights: Solid earnings on the back of improved product spreads amid major turnaround activities Operational (29 %) (19%) • Plant Utilisation (PU)* rate declined to 73% due to major planned turnaround activities (1Q 2026 : 97%) 1Q 2026 2.94 • Lower production volume at 2
Slide 6: O&D: Lower operational performance due to major planned turnaround activities
[Open] O&D : Lower operational performance due to major planned turnaround activities 2Q 2026 vs 1Q 202 6 Product Sales Volume (RM Million) 66 22 (KMT) 414 297 329 325 9 249 212 37 184 162 130 218 (91) Olefins , Glycols & Derivatives Polymers Aromatics & MTBE 2Q 2025 1Q 2026 2Q 2026 2Q 2025 1Q 2026
Slide 7: F&M: Earnings improved driven by stronger product spreads
[Open] F&M : Earnings improved driven by stronger product spreads despite planned turnaround activities 2Q 2026 vs 1Q 2026 Product Sales Volume (RM Million) (KMT) 819 793 688 684 1,009 683 559 196 212 131 24 1,174 1,088 Methanol Ammonia Urea (927) (19) (1) 2Q 2025 1Q 2026 2Q 2026 2Q 2025 1Q 2026 2Q
Slide 8: Specialties: EBITDA improved on stronger contribution margins
[Open] Specialties: EBITDA improved on stronger contribution margins excluding emission - rights gains Key Highlights Sales Volume 2Q 2025 1Q 2026 2Q 2026 Q - o- Q Y- o - Y (KMT) 226 Revenue (RM mil) 1,514 1,405 1,508 7.3% (0.4%) Operational EBITDA improved on 177 stronger contribution margins and c
Slide 9: Group: EBITDA improved on higher product spreads and value creation
[Open] Group : EBITDA improved on higher product spreads and contribution from value creation and cost optimisation efforts 2Q 2026 vs 1Q 2026 1Q 2026 Revenue was higher due to : EBITDA was higher due to : PU Rate 2Q 2026 • Higher average product prices • Higher product spreads 1Q 2026 2Q 2026 (RM M
Slide 10: Higher cash balance mainly contributed by CFFO
[Open] Higher cash balance mainly contributed by CFFO, in line with profit generated for the period Cash Flow (RM Million) 2,376 9 10,708 9,621 (762) (536) Cash & cash Cash flow generated Cash flow used in Cash flow used in FX impact Cash & cash equivalents from operating investing financing equival
Slide 11: Higher Total Assets, reflecting cash generated from operating activities
[Open] Higher Total Assets , reflecting the cash generated from operating activities during the period Total Assets The Group’s total assets were higher mainly due to: (RM Million) 57,690 67 11 261 1,087 57,829 • Higher cash and cash equivalents from cash (638) (649) generated from operating activit
Slide 12: O&D prices expected to remain stable, F&M supported by firm urea
[Open] O&D prices expected to remain stable, while F&M will be supported by firm urea price. Construction and automotive demand remains broadly weak in Specialties O&D: Prices to remain stable, as supply constraints F&M: Fertiliser demand remains supported by food Specialties: Demand remains soft in
Slide 13: 2026 Key Highlights
2026 Key Highlights Portfolio Rationalisation • Portfolio high - grading focusing on asset optimisation and cost competitiveness Operational Excellence • Safe and smooth execution of turnaround activities at PETRONAS Chemicals Methanol Plant 2 and continue ramp - up of PPC Commercial Excellence • Un
Slide 14: Thank you
[Open] PETRONAS Chemicals Group Berhad Thank you The PETRONAS Group adopts zero tolerance against all forms of bribery and corruption. We abide by the PETRONAS Code of Conduct and Business Ethics ( CoBE ) & Anti - Bribery and Corruption (ABC) Manual, guided by our Shared Values and Statement of Purp
Slide 15: Analyst Briefing
[Open] PETRONAS CHEMICALS GROUP BERHAD Analyst Briefing Second Quarter Ended 30 June 2026 19 August 2026 The PETRONAS Group adopts zero tolerance against all forms of bribery and corruption. We abide by the PETRONAS Code of Conduct and Business Ethics ( CoBE ) & Anti - Bribery and Corruption (ABC) M
Petronas Chemicals Group Berhad — Q2 2026 Earnings Presentation on 6ix