Lower feedstock costs and "a sluggish demand market" combined to push polypropylene prices down 6 cents per pound in October.
Conglomerate JG Summit Holdings Inc. is injecting fresh capital to its petrochemicals unit to pay off maturing obligations.
The September PP drop followed a similar drop in price for polymer-grade propylene (PGP) monomer feedstock. PP prices had been up 2 cents in August, marking the third consecutive price hike for ...
JG Summit Holdings, Inc. will inject up to P17.1 billion into its petrochemical unit JG Summit Olefins Corp. (JGSOC) to cover maturing obligations, the company said on Thursday. The company’s board ...