+ Follow PETROCORP Tag
PETROCORP
Array
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[results] => Array
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[0] => Array
(
[ArticleID] => 71329
[Title] => Thailand’s PTT Group to hike RP investments
[Summary] =>
[DatePublished] => 2008-07-07 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096364
[AuthorName] => Donnabelle L. Gatdula
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[1] => Array
(
[ArticleID] => 23180
[Title] => PTT of Thailand may invest $400M in RP
[Summary] =>
Thailand’s PTT Group plans to pour in as much as $400-million investments for the development of the petrochemical industry in the Philippines, a top company official said.
[DatePublished] => 2007-10-24 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096364
[AuthorName] => Donnabelle L. Gatdula
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[2] => Array
(
[ArticleID] => 227366
[Title] => PNOC unit may raise stake in Petrocorp
[Summary] => The PNOC-Petrochemical Development Corp.(PPDC) is looking at the possibility of increasing its stake in Petrochemical Corp. of Asia-Pacific (Petrocorp) to 40-45 percent, from 10 percent, in line with the effort to intensify the mid-stream petrochemical industry.
A reliable source told The STAR that the PPDC is now talking with an American petrochem firm from the "West Coast" to be its strategic partner in reviving the ailing Petrocorp.
The source, however, said PPDC would prefer that a new company be formed to absorb the debts of Petrocorp.
[DatePublished] => 2003-11-10 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[3] => Array
(
[ArticleID] => 187309
[Title] => Downstream alliance proposes tolling scheme for Bataan Polyethylene Corp
[Summary] => Efforts are being made to keep the Bataan Polyethylene Corp. (BPC) operational through a tolling arrangement with end-users.
Raul T. Concepcion, convenor of the Alliance of Concerned Dowstream Industries and End Product Manufacturers, said yesterday that there is a proposal to create a consortium of big end-product users which would import the monomers and have the BPC process the ingredients through a tolling arrangement.
[DatePublished] => 2002-12-10 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1097285
[AuthorName] => Marianne V. Go
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[4] => Array
(
[ArticleID] => 167324
[Title] => Petrocorp needs $100M to pay debts, finance operations
[Summary] => Petrochemical Corp. of Asia Pacific (Petrocorp) will need fresh capital of about $100 million or P5 billion to pay off some of its debts and for additional working capital.
This was disclosed yesterday by Petrocorp chief executive officer Henry Leung who said that the petrochem firm has not been able to operate profitably since it started operation in 1998 due to the general decline in economic activity.
Petrocorp along with two other petrochemical firms are also facing stiff competition from imported polypropylene resins.
[DatePublished] => 2002-07-06 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1097285
[AuthorName] => Marianne V. Go
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[5] => 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] =>
)
[6] => Array
(
[ArticleID] => 96361
[Title] => Petrocorp to raise capacity of PP plant
[Summary] => The Petrochemical Corp. of Asia-Pacific (Petrocorp) expects to substantially increase the capacity of its polypropylene plant (PP) to 110,000 metric tons (MT) this year from only 30,000 MT last year, Petrocorp president Antonio Garcia said Wednesday.
Garcia said they intend to further increase production to 160,000 MT next year as they expect more foreign partners to come in and invest in the project.
"We are ready to produce. If the market demands, we will go to 200,000 MT," he said, noting that the plant has a capacity of 225,000 MT per year.
[DatePublished] => 2001-03-10 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096364
[AuthorName] => Donnabelle L. Gatdula
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[7] => Array
(
[ArticleID] => 96964
[Title] => Petrocorp wants naphtha cracker plant built this year
[Summary] => Petrochemical Corp. of Asia-Pacific (Petrocorp) is pushing for the construction of the country’s first naphtha cracker facility this year, a company official said yesterday.
"I hope the new government will consider pursuing the (naphtha cracker) project. We really need this," Petrocorp president Antonio Garcia said.
Garcia said the government should at least move forward and work out the contract for the construction of such plant within the year.
[DatePublished] => 2001-02-06 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096364
[AuthorName] => Donnabelle L. Gatdula
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[8] => Array
(
[ArticleID] => 98124
[Title] => Petrocorp runs out of funds, taps foreign strategic partner
[Summary] => The Petrochemical Corp. of Asia-Pacific (Petrocorp.) has tapped a foreign strategic partner to help fund its shelved polypropylene plant.
Energy Secretary Mario V. Tiaoqui said Petrocorp officials admitted that they have fallen shor of funds and have sought the assistance of a financial strategic partner which was not identified.
"My conversation with Petrocorp chairman Antonio Garcia indicated that they have tapped a strategic partner for their plant," Tiaoqui said.
[DatePublished] => 2000-12-05 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[9] => Array
(
[ArticleID] => 99095
[Title] => Petrochem consortium to set up naphtha cracker plant in Bataan
[Summary] =>
After years of unresolved dispute, the petrochemical industry has decided to
form a consortium to be led by the Philippine National Oil Co. and Chinese
Petroleum Corp.
[DatePublished] => 2000-05-18 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096655
[AuthorName] => Des Ferriols
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
)
)
abtest
November 10, 2003 - 12:00am
December 5, 2000 - 12:00am
