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                    [ArticleID] => 273514
                    [Title] => JG Summit seeks extension of import duty-free privilege
                    [Summary] => JG Summit Petrochemical Corp. (JGSPC) is asking the Board of Investments (BOI) to extend JGSPC’s availment of the duty-free importation of capital equipment to 2007 even though the incentive is supposed to expire by 2006.


According to JGSPC, the machinery for its proposed naphtha cracker plant is scheduled to be delivered only by 2007 as completion of the project is still in 2008.


At the same time, JGSPC also informed the BOI that it has appointed Deutsche Bank to be its financial advisor for its financing of the naphtha cracker project.


                    [DatePublished] => 2005-04-11 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1805266
                    [AuthorName] => Marianne V. Go
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [1] => Array
                (
                    [ArticleID] => 270901
                    [Title] => BOI lists JG Summit petrochem project as pioneer industry
                    [Summary] => The Board of Investments (BOI) has approved the application of  JG Summit Petrochemical Corp. (JGSPC)  for registration  on a pioneer basis  as a new domestic producer of ethylene, propylene, pyrolysis gas and other  by-products.


Based on its application documents with the BOI, the JGSPC naphtha cracker project would have a cost of P26.247 billion to be financed primarily from loans amounting to P18.373 billion and equity contribution of P7.874 billion.


The JGSPC naphtha cracker project, however, is scheduled to start commercial operation by December 2008.


                    [DatePublished] => 2005-03-19 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1805266
                    [AuthorName] => Marianne V. Go
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [2] => Array
                (
                    [ArticleID] => 269420
                    [Title] => JG Summit Petrochem seeks new pioneer status with BOI
                    [Summary] => JG Summit Petrochemical Corp.  (JGSPC) has re-applied for registration with the Board of Investments (BOI) on a pioneer basis  as a new domestic producer of ethylene, propylene, pyrolysis gas and other  by-products.


Based on its application documents with the BOI, the JGSPC naphtha cracker project would have a cost of P26.247 billion to be financed primarily from loans amounting to P18.373 billion and equity contribution of P7.874 billion.


The JGSPC naphtha cracker project    is scheduled to start commercial operation by December 2008.


                    [DatePublished] => 2005-03-07 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1805266
                    [AuthorName] => Marianne V. Go
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

        )

)

JOHN GOKONGWEI AND MARUBENI CORP

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                    [ArticleID] => 273514
                    [Title] => JG Summit seeks extension of import duty-free privilege
                    [Summary] => JG Summit Petrochemical Corp. (JGSPC) is asking the Board of Investments (BOI) to extend JGSPC’s availment of the duty-free importation of capital equipment to 2007 even though the incentive is supposed to expire by 2006.


According to JGSPC, the machinery for its proposed naphtha cracker plant is scheduled to be delivered only by 2007 as completion of the project is still in 2008.


At the same time, JGSPC also informed the BOI that it has appointed Deutsche Bank to be its financial advisor for its financing of the naphtha cracker project.


                    [DatePublished] => 2005-04-11 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1805266
                    [AuthorName] => Marianne V. Go
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [1] => Array
                (
                    [ArticleID] => 270901
                    [Title] => BOI lists JG Summit petrochem project as pioneer industry
                    [Summary] => The Board of Investments (BOI) has approved the application of  JG Summit Petrochemical Corp. (JGSPC)  for registration  on a pioneer basis  as a new domestic producer of ethylene, propylene, pyrolysis gas and other  by-products.


Based on its application documents with the BOI, the JGSPC naphtha cracker project would have a cost of P26.247 billion to be financed primarily from loans amounting to P18.373 billion and equity contribution of P7.874 billion.


The JGSPC naphtha cracker project, however, is scheduled to start commercial operation by December 2008.


                    [DatePublished] => 2005-03-19 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1805266
                    [AuthorName] => Marianne V. Go
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [2] => Array
                (
                    [ArticleID] => 269420
                    [Title] => JG Summit Petrochem seeks new pioneer status with BOI
                    [Summary] => JG Summit Petrochemical Corp.  (JGSPC) has re-applied for registration with the Board of Investments (BOI) on a pioneer basis  as a new domestic producer of ethylene, propylene, pyrolysis gas and other  by-products.


Based on its application documents with the BOI, the JGSPC naphtha cracker project would have a cost of P26.247 billion to be financed primarily from loans amounting to P18.373 billion and equity contribution of P7.874 billion.


The JGSPC naphtha cracker project    is scheduled to start commercial operation by December 2008.


                    [DatePublished] => 2005-03-07 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1805266
                    [AuthorName] => Marianne V. Go
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

        )

)

abtest

JG Summit seeks extension of import duty-free privilege

By Marianne V. Go | April 11, 2005 - 12:00am

JG Summit Petrochemical Corp. (JGSPC) is asking the Board of Investments (BOI) to extend JGSPC’s availment of the duty-free importation of capital equipment to 2007 even though the incentive is supposed to expire...

Business

BOI lists JG Summit petrochem project as pioneer industry

By Marianne V. Go | March 19, 2005 - 12:00am

The Board of Investments (BOI) has approved the application of JG Summit Petrochemical Corp. (JGSPC) for registration on a pioneer basis as a new domestic producer of ethylene, propylene, pyrolysis gas and other...

Business

JG Summit Petrochem seeks new pioneer status with BOI

By Marianne V. Go | March 7, 2005 - 12:00am

JG Summit Petrochemical Corp. (JGSPC) has re-applied for registration with the Board of Investments (BOI) on a pioneer basis as a new domestic producer of ethylene, propylene, pyrolysis gas and other by-products. Based...

Business