^
+ Follow BPC Tag
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 2080125
                    [Title] => Vivant acquires Bukidnon power projects
                    [Summary] => Cebu-based Vivant Corp. is expanding in the Mindanao region with the acquisition of two diesel power plants in Bukidnon for over P430 million.
                    [DatePublished] => 2021-02-25 00:00:00
                    [ColumnID] => 0
                    [Focus] => 1
                    [AuthorID] => 1804525
                    [AuthorName] => Danessa Rivera
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [1] => Array
                (
                    [ArticleID] => 374265
                    [Title] => Bataan Polyethelene Corp to resume operations
                    [Summary] => 



Preparations for the re-operation of the Bataan Polyethylene Corp. (BPC) are continuing as it awaits the outcome of the bidding of the shares of Mirant Philippines Corp., according to BPC shareholder William Gatchalian.


In an interview, Gatchalian expressed confidence that BPC’s power problem is nearing resolution with the sale of Mirant Philippines by its American shareholders.

Mirant Philippines has already started accepting bids since Nov. 24 and is scheduled to close/stop accepting bids on Dec. 15.
[DatePublished] => 2006-12-10 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1805266 [AuthorName] => Marianne V. Go [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 367305 [Title] => Gatchalian hits Mirant for refusing to provide power to Bataan plant [Summary] => Plastics king William Gatchalian is accusing the local unit of Atlanta-based Mirant Corp. of deliberately refusing to provide power to the recommissioned plant of Bataan Polyethy-lene Corp. (BPC), hindering the resumption of the plant’s operations.

In an interview, Gatchalian — a major shareholder in BPC — said the BPC has been recommissioned at a cost of $20 million and is ready to operate.
[DatePublished] => 2006-11-06 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1805266 [AuthorName] => Marianne V. Go [SectionName] => Business [SectionUrl] => business [URL] => ) [3] => Array ( [ArticleID] => 335591 [Title] => PNOC works to place Bataan Polyethylene back in operation [Summary] => The Philippine National Oil Co. (PNOC) is working out a way to put back in operation the Bataan Polyethylene Corp. (BPC), a ranking energy official said.

The official, who requested anonymity, said one of the problems being encountered in the revival of BPC is the availability of reliable power supply.

The source said there are ongoing discussions between the National Power Corp. (Napocor) and a potential source of reliable electricity, Mirant Philippines Corp.
[DatePublished] => 2006-05-08 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) [4] => Array ( [ArticleID] => 284011 [Title] => Bataan Polyethylene Corp majority stockholders confirm sale of their stake [Summary] => British Petroleum, Petronas and Sumitomo– the management and foreign shareholders of the Bataan Polyethylene Corp (BPC)– confirmed yesterday that they have sold their majority stake of 83 percent to Tybalt, Ltd., a Cayman Islands-based investment firm.

They refused to disclose how much Tybalt paid for their stake in BPC.

The sale of BP International Ltd.’s 38.5 percent, Petroliam Nasional Berhad’s 38.5 percent and Sumitomo Corporation’s six percent shareholding in BPC was concluded last June 23, 2005.
[DatePublished] => 2005-06-29 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1805266 [AuthorName] => Marianne V. Go [SectionName] => Business [SectionUrl] => business [URL] => ) [5] => Array ( [ArticleID] => 185871 [Title] => Petronas keeps 38.5% stake in Bataan Polyethylene [Summary] => Malaysia’s Petronas will not sell its 38.5-percent stake in Bataan Polyethylene Corp. (BPC), following the decision of British Petroleum to sell its shares in the firm, government sources said yesterday.

They said Petronas is not selling its stake in BPC and is still reportedly interested in pursuing the naphtha cracker project.

"However, Petronas is not increasing its stake either in BPC following the decision of British Petroleum to sell its 38.5-percent share in BPC," the sources disclosed.
[DatePublished] => 2002-11-29 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1805266 [AuthorName] => Marianne V. Go [SectionName] => Business [SectionUrl] => business [URL] => ) [6] => Array ( [ArticleID] => 140309 [Title] => Benpres bounces back with P527-M net profit in Q3 [Summary] => The Lopez-owned Benpres Holdings Corp. (BPC) bounced back into profitability in the third quarter this year, turning in a P527-million net income compared to a P229-million loss a year ago, but the continued higher interest payments and weak performance of major subsidiaries still weighed down on its nine-month earnings.

A financial statement submitted to the Securities and Exchange Commission (SEC) showed that from January to September 2001, BPC posted a net loss of P182 million, slightly higher than the P174-million loss during the same period last year.
[DatePublished] => 2001-11-16 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096615 [AuthorName] => Christina Mendez [SectionName] => Business [SectionUrl] => business [URL] => ) [7] => Array ( [ArticleID] => 100755 [Title] => IFC pools $178 M for polyethylene firm [Summary] =>

The World Bank's International Finance Corp. (IFC) has successfully pooled $178 million worth of loans from eight foreign banks for Bataan Polyethylene Corp. (BPC) paving the way for the commercial operations of BPC this July, it was learned yesterday.

In a press briefing, BPC human resources and administrative manager Butch Aguila said the total cost of the project amounted to about $330 million. [DatePublished] => 2000-02-13 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) ) )

BPC
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 2080125
                    [Title] => Vivant acquires Bukidnon power projects
                    [Summary] => Cebu-based Vivant Corp. is expanding in the Mindanao region with the acquisition of two diesel power plants in Bukidnon for over P430 million.
                    [DatePublished] => 2021-02-25 00:00:00
                    [ColumnID] => 0
                    [Focus] => 1
                    [AuthorID] => 1804525
                    [AuthorName] => Danessa Rivera
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [1] => Array
                (
                    [ArticleID] => 374265
                    [Title] => Bataan Polyethelene Corp to resume operations
                    [Summary] => 



Preparations for the re-operation of the Bataan Polyethylene Corp. (BPC) are continuing as it awaits the outcome of the bidding of the shares of Mirant Philippines Corp., according to BPC shareholder William Gatchalian.


In an interview, Gatchalian expressed confidence that BPC’s power problem is nearing resolution with the sale of Mirant Philippines by its American shareholders.

Mirant Philippines has already started accepting bids since Nov. 24 and is scheduled to close/stop accepting bids on Dec. 15.
[DatePublished] => 2006-12-10 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1805266 [AuthorName] => Marianne V. Go [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 367305 [Title] => Gatchalian hits Mirant for refusing to provide power to Bataan plant [Summary] => Plastics king William Gatchalian is accusing the local unit of Atlanta-based Mirant Corp. of deliberately refusing to provide power to the recommissioned plant of Bataan Polyethy-lene Corp. (BPC), hindering the resumption of the plant’s operations.

In an interview, Gatchalian — a major shareholder in BPC — said the BPC has been recommissioned at a cost of $20 million and is ready to operate.
[DatePublished] => 2006-11-06 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1805266 [AuthorName] => Marianne V. Go [SectionName] => Business [SectionUrl] => business [URL] => ) [3] => Array ( [ArticleID] => 335591 [Title] => PNOC works to place Bataan Polyethylene back in operation [Summary] => The Philippine National Oil Co. (PNOC) is working out a way to put back in operation the Bataan Polyethylene Corp. (BPC), a ranking energy official said.

The official, who requested anonymity, said one of the problems being encountered in the revival of BPC is the availability of reliable power supply.

The source said there are ongoing discussions between the National Power Corp. (Napocor) and a potential source of reliable electricity, Mirant Philippines Corp.
[DatePublished] => 2006-05-08 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) [4] => Array ( [ArticleID] => 284011 [Title] => Bataan Polyethylene Corp majority stockholders confirm sale of their stake [Summary] => British Petroleum, Petronas and Sumitomo– the management and foreign shareholders of the Bataan Polyethylene Corp (BPC)– confirmed yesterday that they have sold their majority stake of 83 percent to Tybalt, Ltd., a Cayman Islands-based investment firm.

They refused to disclose how much Tybalt paid for their stake in BPC.

The sale of BP International Ltd.’s 38.5 percent, Petroliam Nasional Berhad’s 38.5 percent and Sumitomo Corporation’s six percent shareholding in BPC was concluded last June 23, 2005.
[DatePublished] => 2005-06-29 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1805266 [AuthorName] => Marianne V. Go [SectionName] => Business [SectionUrl] => business [URL] => ) [5] => Array ( [ArticleID] => 185871 [Title] => Petronas keeps 38.5% stake in Bataan Polyethylene [Summary] => Malaysia’s Petronas will not sell its 38.5-percent stake in Bataan Polyethylene Corp. (BPC), following the decision of British Petroleum to sell its shares in the firm, government sources said yesterday.

They said Petronas is not selling its stake in BPC and is still reportedly interested in pursuing the naphtha cracker project.

"However, Petronas is not increasing its stake either in BPC following the decision of British Petroleum to sell its 38.5-percent share in BPC," the sources disclosed.
[DatePublished] => 2002-11-29 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1805266 [AuthorName] => Marianne V. Go [SectionName] => Business [SectionUrl] => business [URL] => ) [6] => Array ( [ArticleID] => 140309 [Title] => Benpres bounces back with P527-M net profit in Q3 [Summary] => The Lopez-owned Benpres Holdings Corp. (BPC) bounced back into profitability in the third quarter this year, turning in a P527-million net income compared to a P229-million loss a year ago, but the continued higher interest payments and weak performance of major subsidiaries still weighed down on its nine-month earnings.

A financial statement submitted to the Securities and Exchange Commission (SEC) showed that from January to September 2001, BPC posted a net loss of P182 million, slightly higher than the P174-million loss during the same period last year.
[DatePublished] => 2001-11-16 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096615 [AuthorName] => Christina Mendez [SectionName] => Business [SectionUrl] => business [URL] => ) [7] => Array ( [ArticleID] => 100755 [Title] => IFC pools $178 M for polyethylene firm [Summary] =>

The World Bank's International Finance Corp. (IFC) has successfully pooled $178 million worth of loans from eight foreign banks for Bataan Polyethylene Corp. (BPC) paving the way for the commercial operations of BPC this July, it was learned yesterday.

In a press briefing, BPC human resources and administrative manager Butch Aguila said the total cost of the project amounted to about $330 million. [DatePublished] => 2000-02-13 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) ) )

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