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Search Result for “ethane cracker”

Showing 1 - 10 of 14

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THAILAND

Consolidation Will Define Southeast Asia’s Petrochemical Future

Published on 30/09/2025

» Despite the post-pandemic recovery, the global petrochemical sector has failed to stabilise. Overcapacity, slowing demand growth, and intensifying competition have pushed margins to their lowest levels in more than a decade. Persistent oversupply will remain the dominant challenge through the end of this decade.

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BUSINESS

PTT moves closer to decision on Ohio petrochemical plant with storage deal

Published on 24/07/2020

» State-owned oil and gas company PTT Plc said its US unit took a step forward on its proposed chemical plant in Ohio that will turn ethane into plastics with an agreement to develop a natural gas liquids storage facility.

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BUSINESS

PTTGC ups overseas capex

Business, Yuthana Praiwan, Published on 11/11/2019

» State-owned PTT Global Chemical Plc (PTTGC) aims to boost its overseas investment portfolio to above 50% of total capital expenditure by 2030, up from 30%, to reduce its reliance on domestic oil supply and invest in lucrative foreign markets.

BUSINESS

Moody's bestows PTTGC with Baa2 for cash flow

Business, Published on 29/05/2018

» Moody's Investors Service rated PTT Global Chemical Plc (PTTGC) and its senior unsecured ratings at a steady Baa2.

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BUSINESS

US expansion catches eye of Banpu, PTTEP

Business, Yuthana Praiwan, Published on 08/01/2018

» Thai energy firms Banpu Plc and PTT Exploration and Production Plc (PTTEP) are reacting to the announced increase in petroleum production by the US by increasing their investment in the Marcellus and Utica shale regions.

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BUSINESS

PTTGC to finalise US complex in 2018

Business, Yuthana Praiwan, Published on 11/10/2017

» SET-listed PTT Global Chemical Plc (PTTGC), Thailand's largest petrochemical producer in terms of capacity, says it expects to make the final investment decision to build an ethane cracker and petrochemical complex in Belmont, Ohio early next year.

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BUSINESS

PTTGC signs thermoplastics JV

Business, Yuthana Praiwan, Published on 14/09/2016

» Japanese companies Kuraray Co and Sumitomo Corporation have agreed to build a production facility for engineering and thermoplastics in Thailand in a joint venture with PTT Global Chemical Plc (PTTGC), the country's largest petrochemical firm.

BUSINESS

PTTGC plans ethane cracker plant in US

Business, Yuthana Praiwan, Published on 26/04/2016

» PTT Global Chemical Plc (PTTGC) is expected to finalise plans to develop a petrochemical complex in the US by next year after a delay caused by falling global oil prices.

BUSINESS

IVL bolsters its North American presence

Business, Apornrath Phoonphongphiphat, Published on 25/09/2015

» SET-listed Indorama Ventures Plc (IVL), a major international producer of intermediate petrochemicals, has acquired an ethylene cracker in Louisiana through its US subsidiary Indorama Ventures Olefins LLC.

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ADVANCED NEWS

What's new in business news: April 24, 2015

Jon Fernquest, Published on 24/04/2015

» Malaysia goes ape over Hard Rock's orangutan advert, EU illegal fishing cleanup deadline difficult to meet & PTT plans petrochemical complex in the US in joint venture with Japan.