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                    [ArticleID] => 167324
                    [Title] => Petrocorp needs $100M to pay debts, finance operations
                    [Summary] => Petrochemical Corp. of Asia Pacific (Petrocorp) will need fresh capital of about $100 million or P5 billion to pay off  some of its debts and for additional working capital.


This was disclosed yesterday by Petrocorp chief executive officer Henry Leung who said that the petrochem firm  has not been able to operate profitably since it started operation in 1998 due to the general decline in economic activity.


Petrocorp along with two other petrochemical firms are also facing stiff competition from imported polypropylene resins.


                    [DatePublished] => 2002-07-06 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1805266
                    [AuthorName] => Marianne V. Go
                    [SectionName] => Business
                    [SectionUrl] => business
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                    [ArticleID] => 166755
                    [Title] => RP, Malaysia, Brunei keen on naphtha project
                    [Summary] => The Philippines, Malaysia and Brunei are still seriously pursuing plans to put up a naphtha cracker plant in the  country.


Petrochemical Corp. of Asia and the Pacific chief operating officer Henry Leung  said "the ball is now in the court of the government to proceed with the project."


"The private proponents are ready to proceed with the project as long as the government is able to assure certain conditions such as tariff protection and adequate market," Leung said.


                    [DatePublished] => 2002-07-02 00:00:00
                    [ColumnID] => 133272
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                    [AuthorID] => 1805266
                    [AuthorName] => Marianne V. Go
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HENRY LEUNG

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                    [ArticleID] => 167324
                    [Title] => Petrocorp needs $100M to pay debts, finance operations
                    [Summary] => Petrochemical Corp. of Asia Pacific (Petrocorp) will need fresh capital of about $100 million or P5 billion to pay off  some of its debts and for additional working capital.


This was disclosed yesterday by Petrocorp chief executive officer Henry Leung who said that the petrochem firm  has not been able to operate profitably since it started operation in 1998 due to the general decline in economic activity.


Petrocorp along with two other petrochemical firms are also facing stiff competition from imported polypropylene resins.


                    [DatePublished] => 2002-07-06 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1805266
                    [AuthorName] => Marianne V. Go
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                    [SectionUrl] => business
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                    [ArticleID] => 166755
                    [Title] => RP, Malaysia, Brunei keen on naphtha project
                    [Summary] => The Philippines, Malaysia and Brunei are still seriously pursuing plans to put up a naphtha cracker plant in the  country.


Petrochemical Corp. of Asia and the Pacific chief operating officer Henry Leung  said "the ball is now in the court of the government to proceed with the project."


"The private proponents are ready to proceed with the project as long as the government is able to assure certain conditions such as tariff protection and adequate market," Leung said.


                    [DatePublished] => 2002-07-02 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1805266
                    [AuthorName] => Marianne V. Go
                    [SectionName] => Business
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                    [URL] => 
                )

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abtest

Petrocorp needs $100M to pay debts, finance operations

By Marianne V. Go | July 6, 2002 - 12:00am

Petrochemical Corp. of Asia Pacific (Petrocorp) will need fresh capital of about $100 million or P5 billion to pay off some of its debts and for additional working capital. This was disclosed yesterday by Petrocorp...

Business

RP, Malaysia, Brunei keen on naphtha project

By Marianne V. Go | July 2, 2002 - 12:00am

The Philippines, Malaysia and Brunei are still seriously pursuing plans to put up a naphtha cracker plant in the country. Petrochemical Corp. of Asia and the Pacific chief operating officer Henry Leung said "the...

Business