Kuala Lampur, Sept. 1 -- KUALA LUMPUR, Sept 1 - The multibillion-ringgit investment in Pengerang must now translate into measurable operational and financial improvements, particularly as PRefChem continues to face losses, said industry expert Datuk Seri R. Jeyenderan.

Commenting on a recent report on the financial performance of PRefChem, the chief executive officer of Maritime Network Sdn Bhd said the performance of the Pengerang Integrated Complex (PIC) should be assessed based on clear and transparent indicators rather than broad assurances.

"Over the next few years, Malaysians should see higher and more consistent plant utilisation, fewer unplanned shutdowns, narrowing losses, positive operating cash flow and, ultimately, a competi...