Petrochemicalshttp://www.projectfinancemagazine.com/RSS.aspx?FeedID=1219©2013 Project Finance Magazine60PetrochemicalsPTT approved for Vietnamese petrochemicals Thai utility company PTT has received preliminary approval from the Vietnamese government for the construction of a new refinery and petrochemical plant in Binh Dinh.http://www.projectfinancemagazine.com/Article/3209045/PTT-approved-for-Vietnamese-petrochemicals.htmlWed, 22 May 2013 11:34:06 GMTSABIC & ExxonMobil launch Kemya to banksSaudi Basic Industries Corporation (SABIC) and ExxonMobil are issuing a term sheet for their Kemya elastomers joint venture to the local banks this week.http://www.projectfinancemagazine.com/Article/3204976/SABIC-and-ExxonMobil-launch-Kemya-to-banks.htmlMon, 13 May 2013 14:39:37 GMTEgypt's painfully slow PPP recoveryAn influx of foreign project debt and equity would help reverse Egypt’s downward economic spiral. But political infighting and constrained local debt markets mean that Egypt’s project finance market is going nowhere fast. By Emma Lindsay.http://www.projectfinancemagazine.com/Article/3202772/Egypts-painfully-slow-PPP-recovery.htmlWed, 08 May 2013 00:00:00 GMT8th Annual Mexican Energy & Infrastructure Finance Forum, 25-26 June, Mexico Cityhttp://www.projectfinancemagazine.com/Article/3201119/8th-Annual-Mexican-Energy-and-Infrastructure-Finance-Forum-25-26-June-Mexico-City.htmlFri, 03 May 2013 00:00:00 GMTCosmos mandates adviser on Samalaju polysiliconCosmos Petroleum & Mining has appointed National Bank of Abu Dhabi (NBAD) as financial adviser on its $1.6 billion polysilicon manufacturing plant project in Sarawak, Borneo.http://www.projectfinancemagazine.com/Article/3193189/Cosmos-mandates-adviser-on-Samalaju-polysilicon.htmlThu, 18 Apr 2013 12:54:35 GMT3rd Annual Project Finance Colombian Energy and Infrastructure Finance Forum, 11 June, Bogotahttp://www.projectfinancemagazine.com/Article/3193307/3rd-Annual-Project-Finance-Colombian-Energy-and-Infrastructure-Finance-Forum-11-June-Bogota.htmlThu, 18 Apr 2013 00:00:00 GMTDow and Aramco close Sadara sukukA Saudi Aramco and Dow Chemicals joint venture has closed a R7.5 billion ($2 billion) sukuk for the $20 billion Sadara petrochemicals project.http://www.projectfinancemagazine.com/Article/3186299/Dow-and-Aramco-close-Sadara-sukuk.htmlThu, 04 Apr 2013 14:08:36 GMTMa'aden announces Wa’ad Al Shammal phosphate projectMa’aden has signed a joint venture agreement with Mosaic and SABIC to develop a R26 billion ($7 billion) integrated phosphate facility in Saudi Arabia.http://www.projectfinancemagazine.com/Article/3175593/Maaden-announces-Waad-Al-Shammal-phosphate-project.htmlWed, 20 Mar 2013 00:00:00 GMTDow and Aramco launch Sadara sukukA Saudi Aramco and Dow Chemicals joint venture has launched the sukuk for its $20 billion Sadara petrochemicals project.http://www.projectfinancemagazine.com/Article/3171842/Dow-and-Aramco-launch-Sadara-sukuk.htmlMon, 18 Mar 2013 11:41:28 GMTSEP seeks debt for Panca Amara UtamaSurya Esa Perkasa is looking for $500 million in debt towards its $750 million Panca Amara Utama ammonia plant in Indonesia.http://www.projectfinancemagazine.com/Article/3166071/SEP-seeks-debt-for-Panca-Amara-Utama.htmlFri, 08 Mar 2013 10:15:53 GMTLatin American Petrochemicals Deal of the Year 2012: Etileno XXIProject sponsors can often lean on standardised templates based on precedent, sector and geography, but exceptions like Braskem and Idesa’s $4.5 billion Etileno XXI petrochemical complex in Mexico exist http://www.projectfinancemagazine.com/Article/3162610/Latin-American-Petrochemicals-Deal-of-the-Year-2012-Etileno-XXI.htmlFri, 08 Mar 2013 00:00:00 GMTBrakes on GCC mega-projects from non-bank lendersSeveral of the large project finance deals in the Middle East region have been held up in recent months, with bond issues and ECA debt approvals producing recurring delays. By Jon Whiteaker.http://www.projectfinancemagazine.com/Article/3161211/Brakes-on-GCC-mega-projects-from-non-bank-lenders.htmlWed, 27 Feb 2013 00:00:00 GMTSadara sukuk awaits final approvalSaudi Aramco and Dow Chemicals have sent the sukuk issue for their $20 billion Sadara petrochemicals project to Saudi Arabia’s Capital Market Authority for final approval.http://www.projectfinancemagazine.com/Article/3159570/Sadara-sukuk-awaits-final-approval.htmlFri, 22 Feb 2013 16:43:18 GMTIndorama closes on Eleme fertiliserA consortium led by Indorama group has closed a$1.2 billion financing for its Eleme nitrogenous fertiliser project in Rivers State, Nigeria.http://www.projectfinancemagazine.com/Article/3158893/Indorama-closes-on-Eleme-fertiliser.htmlThu, 21 Feb 2013 18:29:41 GMTNumaligarh wax project debt near marketNumaligarh Refinery is looking for banks to arrange a $90 million loan for an expansion that will allow it to produce paraffin and micro-crystalline wax.http://www.projectfinancemagazine.com/Article/3156816/Numaligarh-wax-project-debt-near-market.htmlMon, 18 Feb 2013 14:46:09 GMTAfrican Petrochemicals Deal of the Year 2012: EthydcoFinancing large petrochemical projects can be hard enough in the most stable jurisdictions, but few markets would be more challenging then Egypt http://www.projectfinancemagazine.com/Article/3155070/African-Petrochemicals-Deal-of-the-Year-2012-Ethydco.htmlThu, 14 Feb 2013 00:00:00 GMTEuropean Petrochemicals Deal of the Year 2012: Uz-KorAny project financing in a new market sets a precedent. But the scale, wider context and repeatability of those precedents sets some deals apart. The Surgil/Ustyurt petrochemicals project is one such financing. http://www.projectfinancemagazine.com/Article/3154921/European-Petrochemicals-Deal-of-the-Year-2012-Uz-Kor.htmlThu, 14 Feb 2013 00:00:00 GMTMiddle Eastern Petrochemicals Deal of the Year 2012: Jubail Acrylates The $1.9 billion Jubail Acrylates deal in Saudi Arabia was unique for the region because of its multi-company structure which spreads default risk between its three distinct project companies. http://www.projectfinancemagazine.com/Article/3155138/Middle-Eastern-Petrochemicals-Deal-of-the-Year-2012-Jubail-Acrylates.htmlThu, 14 Feb 2013 00:00:00 GMTSABIC & ExxonMobil to launch Kemya to banksSaudi Basic Industries Corporation (SABIC) and ExxonMobil are expected to launch the financing their elastomers joint venture to the bank market by the end of the monthhttp://www.projectfinancemagazine.com/Article/3154904/SABIC-and-ExxonMobil-to-launch-Kemya-to-banks.htmlWed, 13 Feb 2013 11:46:10 GMTAramco and Sumitomo push back Rabigh expansionSaudi Aramco and Sumitomo Chemical Company are planning to launch the financing for their $7 billion second phase expansion of the Rabigh Petrochemicals plant to banks in the second half of 2013http://www.projectfinancemagazine.com/Article/3150706/Aramco-and-Sumitomo-push-back-Rabigh-expansion.htmlMon, 04 Feb 2013 13:34:11 GMTGreen Valley seeks Honduras biomass offtakeGreen Valley Energy wants to sign an offtake contract with Empresa Nacional de Energia Electrica before lining up a $65 million debt financing for a 35MW biomass projecthttp://www.projectfinancemagazine.com/Article/3138585/Green-Valley-seeks-Honduras-biomass-offtake.htmlWed, 09 Jan 2013 07:09:16 GMTSahara closes on SEPC and SamapcoSahara has reached financial close on two petrochemical deals in Saudi Arabiahttp://www.projectfinancemagazine.com/Article/3137641/Sahara-closes-on-SEPC-and-Samapco.htmlMon, 07 Jan 2013 15:18:57 GMTECAs hold up Sadara signingSaudi Aramco and Dow Chemical may now delay the financial close of the $20 billion debt for their Sadara petrochemical projecthttp://www.projectfinancemagazine.com/Article/3137607/ECAs-hold-up-Sadara-signing.htmlMon, 07 Jan 2013 14:11:46 GMTBraskem and Idesa sign on Etileno XXIBraskem and Idesa have signed the $3.2 billion debt financing for the Etileno XXI petrochemical complex in Mexico.http://www.projectfinancemagazine.com/Article/3133784/Braskem-and-Idesa-sign-on-Etileno-XXI.htmlThu, 20 Dec 2012 00:00:00 GMTGNS signs EPC contract on Salavat acrylatesGazprom Neftekhim Salavat has signed an engineering, procurement and construction contract http://www.projectfinancemagazine.com/Article/3133237/GNS-signs-EPC-contract-on-Salavat-acrylates.htmlWed, 19 Dec 2012 11:01:14 GMTBraskem and Idesa set new Etileno closing targetBraskem and Idesa are pushing to close a $3.1 billion financing for their $4.72 billion Etileno XXI project the week beginning 17 December.http://www.projectfinancemagazine.com/Article/3129300/Braskem-and-Idesa-set-new-Etileno-closing-target.htmlMon, 10 Dec 2012 00:00:00 GMTDow and Aramco reduce commercial debt on SadaraSaudi Aramco and Dow Chemical have cut the commercial debt tranche on their Sadara petrochemical projecthttp://www.projectfinancemagazine.com/Article/3124986/Dow-and-Aramco-reduce-commercial-debt-on-Sadara.htmlFri, 30 Nov 2012 00:00:00 GMTSAMAPCO signs, waits on CPsSahara and Ma’aden are nearing close on their SAMAPCO petrochemicals plant http://www.projectfinancemagazine.com/Article/3124188/SAMAPCO-signs-waits-on-CPs.htmlThu, 29 Nov 2012 11:24:23 GMTSEPC refinancing out to banksSaudi Ethylene & Polyethylene Co (SEPC) is out to banks with a SAR4.6 billion ($1.23 billion) refinancing of project loans originally closed in 2006 for its Al Jubail petrochemicals planthttp://www.projectfinancemagazine.com/Article/3122809/SEPC-refinancing-out-to-banks.htmlTue, 27 Nov 2012 08:54:01 GMTIowa approves bonds for Orascom fertiliserThe Iowa Finance Authority has approved the issuance of $1.194 billion of tax-exempt bonds to support Orascom's construction of a greenfield fertiliser projecthttp://www.projectfinancemagazine.com/Article/3119525/Iowa-approves-bonds-for-Orascom-fertiliser.htmlMon, 19 Nov 2012 13:19:33 GMT