POLYMAX WORLDWIDE LTD

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                    [ArticleID] => 358704
                    [Title] => Metro Alliance to rehabilitate polyethylene plant in Bataan
                    [Summary] => 



Metro Alliance Holdings & Equities Corp., together with its foreign partner, NPC International of Iran, will spend a combined $20 million to re-commission a mothballed polyethylene plant in Mariveles, Bataan.


Metro Alliance chairman and president Renato Magadia said the estimated rehabilitation cost of the polyethylene plant is $80 to $85 million. 


Metro Alliance, a company majority-owned by businessman William Gatchalian, will infuse $8 million while Iran’s NPC International will cover the remaining $12 million.


                    [DatePublished] => 2006-09-18 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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            [1] => Array
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                    [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] => 
                )

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Metro Alliance to rehabilitate polyethylene plant in Bataan

By Zinnia B. Dela Peña | September 18, 2006 - 12:00am

Metro Alliance Holdings & Equities Corp., together with its foreign partner, NPC International of Iran, will spend a combined $20 million to re-commission a mothballed polyethylene plant in Mariveles,...

Business

Metro Alliance sues German bank over $1.635-million deposit

By Zinnia B. Dela Peña | August 22, 2006 - 12:00am

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...

Business