^
+ Follow PETROCHEMICAL Tag
PETROCHEMICAL
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 435975
                    [Title] => Thailand's PTT in talks with Gokongwei Group on petrochemical project
                    [Summary] => 

BANGKOK, Thailand – PTT Public Co. Ltd. (PTTPC) is pushing through with its negotiations with Gokongwei-owned JG Summit Holdings Inc. for a possible joint venture in the petrochemical business.

[DatePublished] => 2009-02-01 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 55121 [Title] => Petron inaugurates petrochem facility [Summary] => [DatePublished] => 2008-04-10 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 387422 [Title] => SC: Petrochem plants not only for Bataan [Summary] => The Supreme Court has dismissed the petition of Bataan Gov. Enrique Garcia to declare his province as the exclusive site for petrochemical plants in the country.

In a 19-page decision, the SC, through Associate Justice Conchita Carpio Morales of the Court’s Second Division, denied the petition and affirmed the ruling of the Court of Appeals 10 years ago which had dismissed Garcia’s petition suit against the establishment of a petrochemical plant by J.G. Summit Petrochemical Corp. in Barangay Simlong, Batangas City.
[DatePublished] => 2007-03-02 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097368 [AuthorName] => Mike Frialde [SectionName] => Nation [SectionUrl] => nation [URL] => ) [3] => Array ( [ArticleID] => 336176 [Title] => S’pore seeks $6M for delay in lifting of petrochem tariff [Summary] => The Philippines still owes Singapore close to $6 million in compensation for delaying the lifting of tariff on petrochemical products under the Common Effective Preferential Tariff (CEPT) scheme.

The Philippines, however, is hoping to show enough documentation to the Singapore government that out of the total $8 million due to Singapore, about 70 percent can be offset by duty-free importation of certain petrochemical products imported by some companies located in special economic zones.
[DatePublished] => 2006-05-12 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097285 [AuthorName] => Marianne V. Go [SectionName] => Business [SectionUrl] => business [URL] => ) [4] => Array ( [ArticleID] => 313995 [Title] => Plastic makers seek resumption of tariff concession on resins [Summary] => The Philippine Plastics Industry Association Inc. (PPIA) is appealing to President Arroyo to immediately issue an Executive Order lifting the suspension of tariff concessions on plastic resins under the ASEAN Free Trade Area-Common Effective Preferential Tariff Scheme (AFTA-CEPT) scheme.

The EO ordering the reduction of the CEPT rates on 11 petrochemical products was forwarded to Malacañang last Nov. 15 for signing by President Arroyo.
[DatePublished] => 2005-12-28 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097285 [AuthorName] => Marianne V. Go [SectionName] => Business [SectionUrl] => business [URL] => ) [5] => Array ( [ArticleID] => 307910 [Title] => RP to compensate Singapore for high tariffs on 11 petrochem products [Summary] => The Philippines will have to compensate Singapore roughly $7 million for the three-year period it maintained a tariff wall on 11 petrochemical products, even if the Executive Order on the lowering of the rates on the specified petrochemical products is signed before the end of this year.

Even then, however, it will still take about four and half years, or up to 2011, for the Philippines to complete the $7-million compensation to Singapore, according to Ramon Vicente Kabigting, director of the Bureau of International Trade Relations (BITR).
[DatePublished] => 2005-11-22 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097285 [AuthorName] => Marianne V. Go [SectionName] => Business [SectionUrl] => business [URL] => ) [6] => Array ( [ArticleID] => 305148 [Title] => Gov’t stands by decision to cut tariff on 11 petrochem products [Summary] => JG Summit Petrochemical Corp. (JGSPC) and the Association of Petrochemical Manufacturers of the Philippines (APMP) have failed to present new arguments or evidence to convince the Cabinet-level Tariff and Related Matters (CTRM) Committee to reverse its earlier decision to go ahead with the tariff reduction on 11 petrochemical products.

As such the CTRM will stand by its earlier decision and will let the National Economic Development Authority (NEDA) Board reaffirm its decision.

This was confirmed to The STAR by Budget Secretary Romulo Neri yesterday.
[DatePublished] => 2005-11-04 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097285 [AuthorName] => Marianne V. Go [SectionName] => Business [SectionUrl] => business [URL] => ) [7] => Array ( [ArticleID] => 303379 [Title] => Petron to put up two new petrochem facilities [Summary] => Publicly-listed Petron Corp. is putting up two new petrochemical facilities to further boost the company’s export sales.

In a disclosure to the Philippine Stock Exchange (PSE) over the weekend, Petron said its board of directors has endorsed the company’s compliance with the terms and conditions of the Board of Investments (BOI) for the application of incentives for its BTX (benzene, toluene and xylene) and propylene recovery (PRU) projects.
[DatePublished] => 2005-10-24 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) [8] => Array ( [ArticleID] => 303201 [Title] => Singapore presses RP on supplemental deal for tariff compensation [Summary] => Singapore is pressing the Philippines to sign a supplemental agreement extending the compensation agreement over the continued tariff protection being invoked by the latter for 11 petrochemical products, a trade official said.

The original compensation agreement covered only a year, from 2003 to 2004.

Even under that agreement, the Philippines has only been able to offset about $690,000 worth of petrochemical products covering one semester, Bureau of International Trade Relation (BITR) director Ramon Vicente Kabigting said.
[DatePublished] => 2005-10-23 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097285 [AuthorName] => Marianne V. Go [SectionName] => Business [SectionUrl] => business [URL] => ) [9] => Array ( [ArticleID] => 303056 [Title] => Petrochem, plastic firms to present new arguments on tariff issue [Summary] => The Cabinet-level Tariff and Related Matters (CTRM) Committee has decided to give the Association of Petrochemical Manufacturers of the Philippines (APMP) and the Philippine Plastics Industry Association (PPIA) another opportunity on Tuesday, Oct. 25, to present new material information regarding their respective positions on the petrochemical tariff issue.

Trade and Industry Secretary Peter B. Favila said the APMP has complained that it was not properly informed on how the CTRM had arrived at its earlier decision to reduce the tariff on 11 petrochemical products.
[DatePublished] => 2005-10-22 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097285 [AuthorName] => Marianne V. Go [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
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