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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 evaluated including expansion of derivatives and building new downstream units at Titan’s Pasir Gudang complex […]

Honam Set For Further Buys After Titan Deal

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 by further buys, including a refiner, an industry observer has told the blog. “I am […]

Petronas Restructuring Details Emerge

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 new downstream (refining and petrochemicals), upstream (exploration and production) and finance divisions, a source familiar […]

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