+ Follow BATAAN POLYETHYLENE CORP Tag
BATAAN POLYETHYLENE CORP
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[results] => Array
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[0] => Array
(
[ArticleID] => 589947
[Title] => More investments in petrochem sector seen
[Summary] => More investments are expected to be poured into the petrochemical industry amid rosier economic outlook.
[DatePublished] => 2010-07-05 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1652108
[AuthorName] => Philexport News and Features
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[1] => Array
(
[ArticleID] => 383525
[Title] => PNOC unit to start construction of new biodiesel plants in Bataan
[Summary] =>
PNOC-Alternative Fuels Corp. is ready to start building new biodiesel plants in its 530-hectare industrial park in Bataan, a top company official said.
PNOC-AFC president Peter Abaya said the Office of Government Corporate Counsel (OGCC) has approved the entry of investors engaged in alternative fuels in its industrial park.
He said the OGCC has construed the construction of refineries of alternative fuels as a petrochemical-related activity.
[DatePublished] => 2007-02-05 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096364
[AuthorName] => Donnabelle L. Gatdula
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[2] => Array
(
[ArticleID] => 374265
[Title] => Bataan Polyethelene Corp to resume operations
[Summary] =>
Preparations for the re-operation of the Bataan Polyethylene Corp. (BPC) are continuing as it awaits the outcome of the bidding of the shares of Mirant Philippines Corp., according to BPC shareholder William Gatchalian.
In an interview, Gatchalian expressed confidence that BPC’s power problem is nearing resolution with the sale of Mirant Philippines by its American shareholders.
Mirant Philippines has already started accepting bids since Nov. 24 and is scheduled to close/stop accepting bids on Dec. 15.
[DatePublished] => 2006-12-10 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1097285
[AuthorName] => Marianne V. Go
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[3] => Array
(
[ArticleID] => 368891
[Title] => Petrochem firm blames Mirant for stalled plant operation
[Summary] =>
Mirant Philippines Corp. is facing yet another problem, this time with a petrochemical firm, over a power supply contract.
Metro Alliance Holdings and Equities Corp. said it had served a demand letter to Mirant Philippines to stop it from stonewalling efforts at reviving and re-operating the company’s petrochemical plant in Mariveles, Bataan.
[DatePublished] => 2006-11-15 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096364
[AuthorName] => Donnabelle L. Gatdula
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[4] => Array
(
[ArticleID] => 354109
[Title] => Metro Alliance sues German bank over $1.635-million deposit
[Summary] =>
Publicly-listed Metro Alliance Holdings & Equities Corp. has filed a case against German bank WESTLB AG seeking the return of $1.635 million in deposits as partial payment for the purchase of the assets of Bataan Polyethylene Corp. (BPC).
In its complaint filed with a court in Singapore, Metro Alliance alleged that the bank failed to comply with the conditions stipulated under the agreement they entered into.
[DatePublished] => 2006-08-22 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[5] => Array
(
[ArticleID] => 335591
[Title] => PNOC works to place Bataan Polyethylene back in operation
[Summary] => The Philippine National Oil Co. (PNOC) is working out a way to put back in operation the Bataan Polyethylene Corp. (BPC), a ranking energy official said.
The official, who requested anonymity, said one of the problems being encountered in the revival of BPC is the availability of reliable power supply.
The source said there are ongoing discussions between the National Power Corp. (Napocor) and a potential source of reliable electricity, Mirant Philippines Corp.
[DatePublished] => 2006-05-08 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096364
[AuthorName] => Donnabelle L. Gatdula
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[6] => Array
(
[ArticleID] => 301040
[Title] => Saudis show interest in RP oil industry
[Summary] => The Kingdom of Saudi Arabia has reportedly expressed interest in a proposal for a joint venture with Filipino businessmen to engage in oil exploration in the Philippines and to put up a new oil refinery in the country.
The Saudis are also interested in helping revive either one of two moribund petrochemical plants in the country. This was revealed by Oscar C. de Venecia, head of the Philippine Chamber of Commerce and Industry (PCCI) international and trade affairs delegation which visited KSA from Oct. 1 to 3.
[DatePublished] => 2005-10-10 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1097285
[AuthorName] => Marianne V. Go
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[7] => Array
(
[ArticleID] => 284011
[Title] => Bataan Polyethylene Corp majority stockholders confirm sale of their stake
[Summary] => British Petroleum, Petronas and Sumitomo– the management and foreign shareholders of the Bataan Polyethylene Corp (BPC)– confirmed yesterday that they have sold their majority stake of 83 percent to Tybalt, Ltd., a Cayman Islands-based investment firm.
They refused to disclose how much Tybalt paid for their stake in BPC.
The sale of BP International Ltd.’s 38.5 percent, Petroliam Nasional Berhad’s 38.5 percent and Sumitomo Corporation’s six percent shareholding in BPC was concluded last June 23, 2005.
[DatePublished] => 2005-06-29 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1097285
[AuthorName] => Marianne V. Go
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[8] => Array
(
[ArticleID] => 269909
[Title] => Singapore firm, Gatchalian group team up to revive petrochem project
[Summary] => Pan Pacific Capital Advisors Pte. Ltd. of Singapore has tied up with Metro Alliance Holdings and Equities Corp. to revive the operation of the Bataan Polyethylene Corp. (BPC) plant, the Department of Energy (DOE) said yesterday.
Metro Alliance, owned by businessman William T. Gatchalian, acquired 100 percent ownership of BPC by way of debt and equity purchase. BPC was formerly owned and operated by the consortium of British Petroleum of UK, Petronas of Malaysia, Sumitomo of Japan and some local investors.
[DatePublished] => 2005-03-11 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096364
[AuthorName] => Donnabelle L. Gatdula
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[9] => Array
(
[ArticleID] => 260457
[Title] => GMA orders plans for naphtha cracker plant revived
[Summary] => President Arroyo has ordered the PNOC-Petrochemical Development Corp. (PPDC) to revisit plans of putting up the first naphtha cracker plant in the country.
"PPDC will be given a key role in the petrochemical industry and eventually expected to put up the naphtha cracker plant," the Chief Executive said over the weekend.
Officials said that a review of plans to put up the $1.2-billion naphtha cracker plant in Bataan is now feasible after groups of new investors decided to enter into the petrochemical industry.
[DatePublished] => 2004-08-08 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096364
[AuthorName] => Donnabelle L. Gatdula
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
)
)
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