^
+ Follow MITSUI AND CO Tag
MITSUI AND CO
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 731223
                    [Title] => Japanese firms set to expand in Phl
                    [Summary] => 

Japanese firms expressed commitment to expand or put up new businesses in the Philippines during President Aquino’s meetings with business groups yesterday, Presidential Communications Operations Office Secretary Herminio Coloma said.

[DatePublished] => 2011-09-28 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804901 [AuthorName] => Aurea Calica [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 273898 [Title] => Nickel processing facility in Palawan opened [Summary] => President Arroyo yesterday officially opened a $180-million Japanese-Filipino nickel processing facility on the western island of Palawan, Malacañang said.

Coral Bay Nickel Corp. will generate about 1,200 jobs and extend the life of a nearby Palawan nickel mine, the President said in comments at the launch.

The company is a joint venture among Sumitomo Metal Mining Co., Mitsui and Co. and Sojitz Corp. of Japan and local outfit Rio Tuba Nickel Mining Corp., which operates the mine.
[DatePublished] => 2005-04-14 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Headlines [SectionUrl] => headlines [URL] => ) [2] => Array ( [ArticleID] => 218348 [Title] => RP to take first delivery of Russian oil this month [Summary] => The first shipment of Russian crude oil contracted by the Philippines is expected to be delivered this month by an international consortium led by the Royal Dutch/Shell Group, officials said.

A tank is expected to deliver the 700,000 barrels of light sweet crude to a refinery of local Shell unit Pilipinas Shell Petroleum Corp., the energy department said in a statement.

The consortium, Sakhalin Energy Investment Co. Ltd., loaded the oil onto a Philippines-bound tanker off Sakhalin Island in the Russian Far East on July 23, it said.
[DatePublished] => 2003-08-24 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [3] => Array ( [ArticleID] => 182054 [Title] => ATI gets P600-M loan from HSBC [Summary] => The South Harbor-based port operator Asian Terminals Inc. has secured a P600-million loan from the Hongkong and Shanghai Banking Corp. (HSBC) for the funding of its capital expenditures and the refinan-cing and of its existing debt.

The company told the Philippine Stock Exchange that the five-year loan facility will support its major project, a P100-million passenger shipping terminal that would form part of a 10-year modernization program in the Manila Bay area.
[DatePublished] => 2002-10-31 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096615 [AuthorName] => Christina Mendez [SectionName] => Business [SectionUrl] => business [URL] => ) [4] => Array ( [ArticleID] => 165566 [Title] => P&O Ports raises stake in ATI [Summary] => P&O Ports of Australia has increased its stake in listed port operator Asian Terminals Inc. by buying the 7.69-percent interest held by ATI’s other foreign investor, Japan’s Mitsui and Co. Ltd.

"This acquisition in effect increases P&O commitment to draw from its worldwide experience in port operations and transfer this know-how to ATI," the company said in a statement to the Philippine Stock Exchange.
[DatePublished] => 2002-06-22 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096615 [AuthorName] => Christina Mendez [SectionName] => Business [SectionUrl] => business [URL] => ) [5] => Array ( [ArticleID] => 151950 [Title] => Northrail project to push through — Palace adviser [Summary] => The Arroyo administration will proceed with the stalled Northrail project, according to Presidential Adviser for Northern Luzon Renato Diaz.

However, Diaz said the government would re-bid the Northrail project and is currently drawing up the new terms of reference (TOR) for a new bidding in the next 30 to 60 days.

The ambitious Northrail project is envisioned to link Metro Manila to Clark, Subic and other northern provinces.
[DatePublished] => 2002-02-26 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097285 [AuthorName] => Marianne V. Go [SectionName] => Business [SectionUrl] => business [URL] => ) [6] => Array ( [ArticleID] => 137585 [Title] => Joint venture pact for naphtha project may be signed in 2002 [Summary] => The Philippine government, Malaysia-based Petronas Oil. Co., Brunei government and some Japanese companies are expected to sign early next year a joint venture (JV) agreement to undertake the country’s first naphtha cracker plant project which is estimated to cost $600 million.

Philippine National Oil Co. (PNOC) president Thelmo Cunanan said they are currently holding "serious talks" with Petronas, Brunei and some Japanese firms.
[DatePublished] => 2001-10-23 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) [7] => Array ( [ArticleID] => 95784 [Title] => JG Summit may join $600-M naphtha project [Summary] => JG Summit Holdings Inc., the investment arm of the Gokongwei family, may join the government-led consortium that will build the $600-million naphtha cracker plant in Bataan, PNOC-Petrochemical Development Corp. (PPDC) president Jose Gangan said.

"Based on our recent talks, JG Summit will join the group," Gangan said without giving any details.

So far, there are only two polypropylene plants in the country. One is being run by JG Summit and Marubeni of Japan, and the other by Petrochemical Corp. of Asia-Pacific (Petrocorp) controlled by the Garcia group.
[DatePublished] => 2001-04-12 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) [8] => Array ( [ArticleID] => 96396 [Title] => Government asked to keep import tariff on petrochem products at 15% till 2010 [Summary] => Major players in the petrochemical industry want an assurance from the government that the existing 15-percent tariff on petrochem products will be maintained until 2010.

"If the (naphtha cracker project) pushes through, then the government will make the right representation," Chemphil Group chairman and Petrochemical Corp. of Asia-Pacific (Petrocorp), president Antonio M. Garcia said, adding that for the petrochem industry to prosper in the coming years, the tariff rates should be maintained.
[DatePublished] => 2001-03-12 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
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