Tag Archives | Honam

Honam’s next expansion

By Malini Hariharan

Honam Petrochemical’s plans for Indonesia appear to be progressing.

Company sources told ICIS news yesterday that a feasibility study is underway for a $4-5bn petrochemical complex in Southeast Asia with Indonesia the most likely location. The study …

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Weak margins hit earnings

By Malini Hariharan

It is the results season and numbers posted so far confirm that the last quarter has been rough with depressed demand, weak product prices and firm feedstock costs affecting earnings.

Siam Cement Group’s EBITDA for the chemicals …

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Q2 setback for Korea

By Malini Hariharan

The margin pain experienced in Asia in the last quarter is clearly evident in the recently released results by South Korean majors Honam Petrochemical and LG Chem.

Honam’s operating profit for Q2 declined 36.8% from the previous …

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Honam plans Titan expansion

By Malini Hariharan

News is trickling in on Honam Petrochemical‘s plans for Titan Chemicals once it completes the acquisition at the end of the year.

A source close to the company said that revamping of Titan’s two crackers have been …

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Qatar says there will be one more cracker

By Malini Hariharan

Qatar has reconfirmed its commitment to build more petrochemical plants including a new worldscale cracker.

At a ceremony to mark the start of construction of Qapco’s new ldPE project, the deputy premier and minister of energy and …

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Shell would like to build two MEG plants in Qatar

 

By John Richardson

An ethane shortage is slowing Shell Chemicals’ ambitions for building at least one cracker complex in Qatar, Ben van Beurden, executive vice-president of the company said last week.

“Ideally, we’d like to build two crackers and …

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