Singapore’s Peak Energy to build PET plant in Sri Lanka’s port city of Hambantota

05-Mar-13
Sri Lankan Government has given its approval to allow the Singapore based Peak Energy to build a Polyethylene Terephthalate Manufacturing plant in the port city of Hambantota, as per news360.lk. The Singaporean firm has already registered a new firm in Sri Lanka under the name of Hambana Petrochemicals Private Limited, which will bring in an initial investment of US$ 135 mln. SLPA is expected to sign the agreement with the Petrochemical firm very soon. Government will lease out 5 hectares in the Hambantota Port city to the Singaporean firm to build the proposed PET Plant.
  More News  Post Your Comment
{{comment.Name}} made a post.
{{comment.DateTimeStampDisplay}}

{{comment.Comments}}

COMMENTS

0

There are no comments to display. Be the first one to comment!

*

Name Required.

*

Email Id Required.

Email Id Not Valid.

*

Mobile Required.

Email ID and Mobile Number are kept private and will not be shown publicly.
*

Message Required.

Click to Change image  Refresh Captcha