Petrochemical costs and energy-intensive sectors under pressure
MONDAY, MARCH 23, 2026
Middle East war disrupts petrochemical supplies, drives up plastic prices and raises shortage fears across Thai industry, healthcare and consumer goods
Shell to sell Singapore refinery, petchem assets to Chandra Asri and Glencore
THURSDAY, MAY 09, 2024
Shell said on Wednesday it has agreed to sell its refinery and petrochemical assets in Singapore, Asia's main oil hub, to a joint venture between Indonesian chemicals firm Chandra Asri and Swiss miner and commodities trader Glencore.
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.