KUALA LUMPUR - Petronas Chemicals Group Bhd has scrapped the US$1.3 billion (5.1 billion) elastomers project, which is part of the Refinery and Petrochemicals Integrated Development (RAPID) project in Johor.
Indorama Ventures (IVL) has completed the 100 per cent acquisition of BP Alabama Petrochem Complex, adding economies of scale and integration to its PET business.
Future rosy for Thai naphtha-based petrochemical producers: Fitch
SUNDAY, MARCH 13, 2016
THAILAND’S naphtha-based petrochemical producers will continue to benefit from lower oil prices in 2016 but gas-based producers’ margins have been squeezed, according to Fitch Ratings.