Latest Golden Hope Stories

2008-07-24 15:00:57

By Yuthana Praiwan, Bangkok Post, Thailand Jul. 24--PTT Chemical (PTTCH), Asean's leading petrochemical producer, has acquired a 50 percent stake in the world's largest producer of oleochemicals in a deal worth 104 million. The wholly owned subsidiary PTT Chemical International Private entered into the share purchase agreement with Cognis BV, a wholly owned subsidiary of the German-based chemical company that was the former shareholder of Cognis Oleochemicals. "Our investment in...

2008-07-23 21:00:35

THAILAND'S PTT Chemical Public Co Ltd has bought a stake in Cognis Oleochemicals Sdn Bhd, making it the new partner for Sime Darby Plantation Sdn Bhd. It bought a 50 per cent stake from Germany's Cognis for US$164 million (RM531.36 million), valuing Cognis Oleochemicals at US$328 million (RM1.06 billion). The company will operate under the same name until a new name has been established, PTT Chemical and Sime Darby said in a statement released in Kuala Lumpur yesterday. "The strategic...

2008-07-23 00:00:39

By Zaidi Isham Ismail GERMANY'S oleochemical giant Cognis Deutschland GmbH & Co KG plans to sell its 50 per cent stake in Cognis Oleochemicals (M) Sdn Bhd (Cognis Malaysia) to focus on other businesses. Cognis Malaysia is a joint venture between Cognis Deutschland and the then Golden Hope Plantations Bhd which owns the other 50 per cent. Golden Hope was merged under Sime Darby Bhd last December. A source said Cognis Deutschland is expected to sell the stake to Thailand's PTT...

2008-07-22 21:00:32

KUALA LUMPUR, Malaysia and BANGKOK, Thailand, July 22 /PRNewswire/ -- PTT Chemical Public Company Limited (PTT Chemical), a leading producer and distributor of chemical products, through its wholly owned subsidiary PTT Chemical International Private Limited (PTT Chemical International), today will sign a joint venture agreement with Sime Darby Plantation Sdn. Bhd. (Sime Darby), the world's largest producer of palm oil, creating a strategic partnership for the joint ownership and control of...

2008-06-17 09:00:50

Golden Hope Mines Ltd. (TSX VENTURE: GNH)(PINK SHEETS: GOLHF) is pleased to announce the acquisition of an additional property as part of the company's Bellechasse-Chaudiere project in southern Quebec. The Riviere des Plantes Property is on the strike extension of the serpentinites identified north of the Bellechasse gold belt and is an extension into the historic Beauce alluvial gold camp. It is contiguous with the 1200 claims the company already holds in the area. The Beauce region of...

Word of the Day
  • A cloth or covering, more or less ornamented, laid over the saddle or furniture of a horse, especially of a sumpter-horse or horse of state.
  • Clothing, especially sumptuous clothing; equipment; outfit.
  • To cover with a caparison, as a horse.
  • To dress sumptuously; adorn with rich dress.
This word ultimately comes from the Medieval Latin 'cappa,' cloak.