Sri Lanka gives green light to Singapore firm for PET project

The Sri Lankan government has authorized Peak Energy (Singapore) to build a polyethylene terephthalate (PET) manufacturing plant in the port city of Hambantota, Sri Lanka, under the name of Hambana Petrochemicals (Colombo), for which Peak Energy is said to be investing $135–150 million, according to online reports from News360.lk and ColomboPage. The Cabinet Appointed Negotiating Committee (CANC), a government body, confirmed during a meeting held on 28 February that the construction works of the first phase of the Hambantota port development project had...

This information is only available to Chemical Week subscribers.

Forgot your user ID or password?
Click here to have it sent to you.

Email Address First Name Last Name

Not an IHS Chemical Week 24/7 member yet? Here's why you should be: Searchable online archive access of the last 2 years of Chemical Week. Print or digital magazine subscription Price and market change alerts Economic data and statistics Buyers' Guides Webcasts | whitepapers