+ Follow CHEMTECH Tag
CHEMTECH
Array
(
[results] => Array
(
[0] => Array
(
[ArticleID] => 373393
[Title] => Chemrez mulls new P2-B biodiesel plant in anticipation of big demand
[Summary] =>
Anticipating the huge demand for biodiesel with the passage of the Biofuels Act, Chemrez Technologies Inc. plans to put up a new biodiesel plant worth around P2 billion in three years.
ChemTech chief operating officer Dean Lao Jr. said the new plant will be three times the size of its existing plant.
[DatePublished] => 2006-12-05 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[1] => Array
(
[ArticleID] => 373216
[Title] => Biofuels measure likely to boost shares of Chemrez
[Summary] =>
The imminent enactment of the Biofuel bill is expected to boost Chemrez Technologies Inc. (ChemTech) when it resumes trading its shares today simultaneous with the listing of additional shares worth P1.5 billion.
Stock market analysts said the public offer involving 340.91 million shares was at least four times oversubscribed due to strong demand from foreign and domestic investors. ChemTech used to be Corro-Coat Inc.
[DatePublished] => 2006-12-04 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[2] => Array
(
[ArticleID] => 367805
[Title] => PSE okays sale of add’l shares by Chemrez
[Summary] =>
The Philippine Stock Exchange approved yesterday the additional listing of shares of coco-biodiesel firm Chemrez Technologies Inc. (formerly Corro-Coat Inc.).
This paves the way for the company’s public offering on Nov. 20 and listing on Dec. 4.
The offering, estimated to raise P1.5 billion in proceeds, involves between 306.12 million to 384.62 million new shares, representing 22.46 percent to 26.68 percent of ChemTech’s expanded capital after the stock sale.
[DatePublished] => 2006-11-09 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[3] => Array
(
[ArticleID] => 367309
[Title] => SEC clears Chemrez’s P1.5-B additional stock offering
[Summary] =>
The Securities and Exchange Commission (SEC) has cleared the registration and licensing of 990 million shares of coco-biodiesel firm Chemrez Technologies Inc., paving the way for the firm’s P1.5-billion stock offering.
The offering, which will run from Nov. 20 to 24, involves 306.12 million to 384.62 million new shares, representing 22.46 percent to 26.68 percent of ChemTech’s capital after the stock sale. The shares will be sold at a price ranging from P3.90 to P4.90 per share.
[DatePublished] => 2006-11-06 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[4] => Array
(
[ArticleID] => 366762
[Title] => Chemrez eyes P1.5B from sale of additional shares
[Summary] =>
Chemrez Technologies (formerly Corro-Coat Inc.) plans to list additional shares on the local bourse by Nov. 20 to raise about P1.5 billion in fresh capital.
ChemTech is offering between 306.12 million and 384.62 million new shares, equivalent to 22.46 percent to 26.68 percent of the biofuel and chemical firm’s expanded capital. The shares will be sold at a price ranging from P3.90 to P4.90 per share.
[DatePublished] => 2006-11-03 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1804021
[AuthorName] => Zinnia B. Dela Peña
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
)
)
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