By John Richardson A MAJOR Southeast Asian polyethylene (PE) producer has reduced its percentage of exports to China from 30-40% in 2012 to just 10% so far this year, a source with the producer told the blog on the sidelines...
By Malini Hariharan Malaysia's Petronas is expected to soon announce plans for a new refinery and petrochemical complex Pengerang, Johor, a project that the blog had discussed a few months back. A report in the Malaysian newspaper Star says the...
By Malini Hariharan How many projects is Petronas Chemical planning? Last week the blog had covered an ICIS news report which referred to a study on 1m tonnes/year ethane cracker and derivative units at Kerteh. Now a report from UBS...
By Malini Hariharan There is finally some movement at Petronas. After last month's joint announcement with BASF on a study for a Euro1bn investment in speciality chemicals, news has emerged that the Malaysian major is also exploring the feasibility of...
By John Richardson The consolidation talked about in Indonesia for more than ten years - that between cracker operator and polyethylene (PE) producer Chandra Asri and polypropylene (PP) producer TriPolyta - is finally set to happen by January next year....
By Malini Hariharan It's a question that has puzzled many - why has Petronas, the state-owned Malaysian oil and gas major, not made any effort to scale up its petrochemicals business in the last five years. But there are signs...
By Malini Hariharan Honam Petrochemical's plan to acquire Malaysia's Titan Chemical could well be the start of the South Korean major's foray overseas. "Honam will keep looking for other M&A opportunities in the chemicals space," said a source close to...
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...
The layout of the Pasir Gudang complex Source of picture: Titan Chemicals By John Richardson and Malini Hariharan HONAM Petrochemical's plan to buy Malaysia's Titan Chemicals for $1.5bn - which was announced today - is likely to be followed...
Petronas seeks to scale new heights Source of picture: www.mir.com By John Richardson MORE details have emerged concerning the major restructuring taking place at Petronas, the Malaysian state-owned oil, gas, refining and petrochemicals major. Vice-presidents have being appointed to head...
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