KUALA LUMPUR: Lotte Chemical Titan Holding Bhd is temporarily closing a naphtha cracking plant, Naphtha Cracker Number 1, from Dec 15, 2024, as it attempts to mitigate losses from a prolonged ...

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

PARADIP: A new naphtha cracking unit at IOCL’s Paradip site will soon be commissioned at a cost of Rs 61,000 crore, enabling the operation of 16 ancillary industries in the plastics sector, said ...

Pradhan said 16 ancillary industries have acquired land from IDCO to produce different products using raw materials from the polypropylene plant of IOCL. PARADIP: A new naphtha cracking unit at ...

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 ...