Datuk Ir Mohd Yusri

Datuk Ir Mohd Yusri leads Petronas Chemicals Group (PCG) as Managing Director and CEO, overseeing Southeast Asia's largest integrated petrochemicals company. A listed subsidiary of Petroliam Nasional Berhad (Petronas, Malaysia's national oil and gas company), PCG operates an extensive network of petrochemical manufacturing facilities in Malaysia, utilizing the country's abundant natural gas reserves as feedstock. PCG produces a range of petrochemical products: olefins and derivatives (ethylene, propylene, polyethylene, polypropylene), fertilizers (urea, methanol), and specialty chemicals. The company benefits from competitive gas feedstock pricing (as a subsidiary of the national gas company) compared to naphtha-based producers in other Asian countries, providing a structural cost advantage. However, like other Asian petrochemical producers, PCG faces increasing competition from massive new capacity additions in China, which have depressed product prices and margins across the region. The company has responded by investing in specialty and high-value chemicals, expanding downstream capabilities, and pursuing sustainability initiatives. Key stock drivers include petrochemical product prices and margins, natural gas feedstock costs, Chinese capacity impact on Asian markets, global polymer demand, specialty chemicals diversification progress, and Petronas's strategic direction for its chemicals subsidiary.