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.

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 ...

JG Summit Holdings Inc., the flagship of the Gokongwei Group, has announced the shutdown of its petrochemical business JG ...

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

This allows Dow to manufacture at a significant cost advantage to marginal cost producers that rely on higher-cost crude oil-based feedstocks to make the same products. Dow’s commodity chemicals are ...

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

At this time, all participants are in a listen-only mode. A brief question-and-answer session will follow the formal ...

Mitsui OSK has confirmed its order for a trio of very large ethane carriers (VLECs) at Samsung Heavy Industries (SHI), with ...

State industries secretary Hemant Sharma said the Adani Group has topped the list with investment proposals worth ₹2.31 lakh ...

Increased production at Nigerian refineries, particularly Dangote, is reducing the reliance on petrol imports from European ...