MANILA (AFX-ASIA) – Petrochemical Corporation of Asia Pacific (Petrocorp), a major producer of polypropylene, is looking for new investors to inject US$100 million in fresh capital into the company, which will be used to pay off its loans, company chief operating officer Henry Leung said. Mr Leung said Petrocorp, which is 9% owned by the…
PHILIPPINES: Petrocorp seeks US$100 million capital injection to pay off loans
Posted on July 12, 2002 by EnergyAsia