By Malini Hariharan After a record year of M&A activity will uncertainty about the global economy and weakness in many chemical markets dampen the appetite for new deals? Nearly $82bn of deals were completed last year, more than double the dollar volume in 2010, said Peter Young, president and managing director of Young & Partners, […]
Asian Chemical Connections
What’s next for Honam?
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 the company. Their interest is not only in basic chemicals but also intermediates and speciality […]
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 […]
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