TITLE

CNOOC to invest IPO money

PUB. DATE
June 2006
SOURCE
ICIS Chemical Business;6/19/2006, Vol. 1 Issue 24, p12
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the plan of China's CNOOC Chemical to spend almost three quarters of its $400m initial public offering in Hong Kong, China, scheduled by August 2006, to build a 1.13m tonne/year methanol plant in Hainan Island. The new project will add to a 600 000 tonne/year methanol plant that is due to come on stream as early as August 2006. The firm, a unit of energy giant China National Offshore Oil Company, estimates that it will cost Yuan2.36 bn, €235m/$295m.
ACCESSION #
21441181

 

Related Articles

  • CNOOC gets nod for methanol. Tan, Florence // Chemical Market Reporter;6/5/2006, Vol. 269 Issue 22, p16 

    The article reports on the approval of China National Offshore Oil Corp. on the plan of CNOOC Chemical Co. to build a world-scale methanol unit in Hainan province, China. The 1.2 million tonne-per-year gas-based project should start by the end of the year and the firm is still choosing a...

  • FINANCE. Nielsen, Karol // Chemical Week;6/14/2000, Vol. 162 Issue 23, p19 

    Reports on the revival of China National Offshore Oil Company's plans for an initial public offering (IPO). Indications of the company's plans; Status of China in international markets; Purpose of the company's IPO.

  • China's CNOOC planning IPO. Delmar, Robert J. // Offshore;Nov99, Vol. 59 Issue 11, p20 

    Focuses on the decision of Chinese National Offshore Oil Corp. (CNOOC) to go public. Plans of the company for the proceeds from the sale; Net proved reserves of CNOOC; Revival of the original agreement between CNOOC and Phillips China.

  • CNOOC methanol unit given all-clear.  // ICIS Chemical Business;6/5/2006, Vol. 1 Issue 22, p28 

    The article reports on the approval received by CNOOC Chemical from its parent company, the Chinese energy major China National Offshore Oil Corp., to build a world-scale methanol unit in Hainan province. The proposed unit could start up in the fourth quarter of 2008, earlier than its previous...

  • CNOOC Sets Date for New York Share Listing. Mollet, Andrew // Chemical Week;10/6/1999, Vol. 161 Issue 37, p20 

    Provides information on the initial public offering of China National Offshore Oil Co. (CNOOC) on the New York Stock Exchange. Staff reduction at the CNOOC; Other major petrochemical companies in China; Significance of the public offering.

  • Shell May Invest in CNOOC Offering; Hopes to Sign Ethylene JV in October. Young, Ian // Chemical Week;8/23/2000, Vol. 162 Issue 32, p21 

    Deals with the plan of Royal Dutch/Shell to invest in the public offering of China National Offshore Oil Corp. (CNOOC). Expected money to be raised by CNOOC from the offering; Investment planned by BP for CNOOC: Joint venture planned by CNOOC with Royal Dutch/Shell.

  • BP May Buy Stake in CNOOC's Initial Public Offering. Young, Ian // Chemical Week;9/27/2000, Vol. 163 Issue 36, p27 

    Reports that BP is in preliminary talks to acquire a stake in China National Offshore Oil Corp. by buying shares in China National's planned initial public offering (IPO). Expected lead underwriter for the offering; Amount planned to invest by Royal Dutch/Shell in China National's IPO; Other...

  • China BlueChemical Kicks off 800 000 T/A Project.  // China Chemical Reporter;12/6/2008, Vol. 19 Issue 34, p18 

    The article reports that China BlueChemical Ltd., a subsidiary of China National Offshore Oil Corp. (CNOOC), has started the construction of its 8,00,000 tonnes per annum (t/a) methanol project in Dongfang Chemical City, Hainan province, China. The methanol project has an investment of RMB1.0...

  • Asian chemical firms ride IPO wave as sector booms. Singapore, Cheok Soh Hui; Kovac, Matt // ICIS Chemical Business;10/23/2006, Vol. 1 Issue 40, p12 

    The article reports on the increased interest of Asian chemical companies to tap into the equity market. China BlueChemical, a unit of oil major China National Offshore Oil Corp, two Asian petrochemical firms unveiled plans to go public. Analysts are also warning about a structural shift as...

Share

Read the Article

Courtesy of VIRGINIA BEACH PUBLIC LIBRARY AND SYSTEM

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics