In what is seen as the “best decision” under challenging market conditions, conglomerate JG Summit Holdings Inc. has decided to shut down its petrochemicals unit, which has been dragging down the ...

Conglomerate JG Summit Holdings Inc. is shutting down indefinitely its petrochemicals unit amid industry challenges. In a ...

Gokongwei-led JG Summit Holdings Corp. has shut down its petrochemical business as its losses continued to widen amid “challenging market conditions.” “Given persisting unfavorable market conditions ...

Conglomerate JG Summit Holdings Inc. said Thursday it closed down its P150-billion petrochemical plant in Batangas province due to lingering global slump ...

PETALING JAYA: The shutdown of Lotte Chemical Titan Holding Bhd ’s (LCT) Naphtha Cracker 1 (NC1) in Pasir Gudang, Johor, last month is viewed as “a positive development” by CGS International ...

The IOCL and Odisha government will sign a memorandum of understanding for the Naphtha Cracker Project at Paradeep in January 2025. The IOCL announced this when Indian Oil Corporation Ltd. chairman ...

The Indian Oil Corporation Limited (IOCL) has planned to invest Rs 70,000 crore, mostly in petrochemical sector, in ...

CVR Energy's 132,000-b/d Coffeyville, Kan., refinery sustained damage to its naphtha hydrotreater during freezing weather ...