Petron Puts Expansion Plans in Philippines On Hold, an Industrial Info Market Brief
Petron Puts Expansion Plans in Philippines On Hold, an Industrial Info Market Brief
Attachment: Bataan Refinery 0719
Petron Corporation, the Philippines' largest oil refiner, plans to put on hold an expansion plan at its Bataan Refinery after the company failed to hit its projected net income for 2019. Instead, Petron will focus on its existing petrochemicals production, prioritizing projects at its Malaysia refinery, which reported the strongest income for the company.
Subscribe Now!(All Fields Required)
Related Articles
Articles related to this company
- France Plans $55 Billion in Windfarms as Offshore Projects Gain Momentum
- Africa's Fertilizer Demand Sparks $5.8 Billion of Projects
- Poland's PGE Plans $7 Billion Renewable Energy Push
- Peru's Runoff Presidential Election Could Impact $45 Billion in Mining Proj...
- Industrial Construction Activity Up 37% So Far in 2021