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- Kwinana_Petrochemical_Plant abstract "The Kwinana petrochemical plant was a never-realised petrochemical plant proposed in the late 1980s to be developed in Kwinana, Western Australia.In September 1986 Petrochemical Industries Company Limited (PICL), a joint venture involving companies controlled by property developer Dallas Dempster and merchant banker Laurie Connell, proposed the development of a major petrochemical project at Kwinana, and on 2 November 1987 agreements were signed by the state government-owned State Energy Commission of Western Australia and PICL for the former to supply the latter with natural gas from the state's North West Shelf, at a commercially realistic price, linked to CPI. By December 1987, though, it was becoming apparent that Connell's merchant bank, Rothwells, was no longer a viable financial institution, and Dempster had been unable to secure 100% debt finance for the project.Due to outstanding loans to Connell and Connell-associated entities, Rothwells was short $300 million or more needed to restore its solvency and produce an acceptable balance sheet, and without these funds Rothwells would have to cease trading on its reporting date, 31 July 1988. In order to deal with Rothwells's impending crisis, a mid-1988 meeting involving representatives of the state government, Rothwells and Alan Bond's Bond Corporation agreed that the government would give a discounted energy price and other guarantees to PICL so as to boost the company's value to $400 million, and Bond Corporation and the government would then purchase PICL for that price – $350 million to be paid to Connell so that he could repay $300 million of his debt to Rothwells and add $50 million of liquidity, and $50 million to Dempster for his share.When PICL was sold to the state government and Bond Corporation its sole real asset was a heavily-mortgaged block of land in Kwinana valued at $100,000.".
- Kwinana_Petrochemical_Plant wikiPageID "38021213".
- Kwinana_Petrochemical_Plant wikiPageLength "3048".
- Kwinana_Petrochemical_Plant wikiPageOutDegree "14".
- Kwinana_Petrochemical_Plant wikiPageRevisionID "562517948".
- Kwinana_Petrochemical_Plant wikiPageWikiLink Alan_Bond.
- Kwinana_Petrochemical_Plant wikiPageWikiLink Category:1980s_in_Australia.
- Kwinana_Petrochemical_Plant wikiPageWikiLink Category:History_of_Western_Australia.
- Kwinana_Petrochemical_Plant wikiPageWikiLink Category:Political_controversies_in_Australia.
- Kwinana_Petrochemical_Plant wikiPageWikiLink Category:Royal_commissions_in_Western_Australia.
- Kwinana_Petrochemical_Plant wikiPageWikiLink Consumer_price_index.
- Kwinana_Petrochemical_Plant wikiPageWikiLink Dallas_Dempster.
- Kwinana_Petrochemical_Plant wikiPageWikiLink Kwinana_Beach,_Western_Australia.
- Kwinana_Petrochemical_Plant wikiPageWikiLink Laurie_Connell.
- Kwinana_Petrochemical_Plant wikiPageWikiLink North_West_Shelf.
- Kwinana_Petrochemical_Plant wikiPageWikiLink Petrochemical.
- Kwinana_Petrochemical_Plant wikiPageWikiLink State_Energy_Commission_of_Western_Australia.
- Kwinana_Petrochemical_Plant wikiPageWikiLinkText "Kwinana Petrochemical Plant".
- Kwinana_Petrochemical_Plant wikiPageWikiLinkText "Kwinana petrochemical project".
- Kwinana_Petrochemical_Plant wikiPageUsesTemplate Template:Cn.
- Kwinana_Petrochemical_Plant wikiPageUsesTemplate Template:Reflist.
- Kwinana_Petrochemical_Plant wikiPageUsesTemplate Template:Rp.
- Kwinana_Petrochemical_Plant wikiPageUsesTemplate Template:WA_Inc.
- Kwinana_Petrochemical_Plant wikiPageUsesTemplate Template:WesternAustralia-stub.
- Kwinana_Petrochemical_Plant subject Category:1980s_in_Australia.
- Kwinana_Petrochemical_Plant subject Category:History_of_Western_Australia.
- Kwinana_Petrochemical_Plant subject Category:Political_controversies_in_Australia.
- Kwinana_Petrochemical_Plant subject Category:Royal_commissions_in_Western_Australia.
- Kwinana_Petrochemical_Plant hypernym Plant.
- Kwinana_Petrochemical_Plant type Plant.
- Kwinana_Petrochemical_Plant type Controversy.
- Kwinana_Petrochemical_Plant comment "The Kwinana petrochemical plant was a never-realised petrochemical plant proposed in the late 1980s to be developed in Kwinana, Western Australia.In September 1986 Petrochemical Industries Company Limited (PICL), a joint venture involving companies controlled by property developer Dallas Dempster and merchant banker Laurie Connell, proposed the development of a major petrochemical project at Kwinana, and on 2 November 1987 agreements were signed by the state government-owned State Energy Commission of Western Australia and PICL for the former to supply the latter with natural gas from the state's North West Shelf, at a commercially realistic price, linked to CPI. ".
- Kwinana_Petrochemical_Plant label "Kwinana Petrochemical Plant".
- Kwinana_Petrochemical_Plant sameAs Q6450452.
- Kwinana_Petrochemical_Plant sameAs m.0pc5xr7.
- Kwinana_Petrochemical_Plant sameAs Q6450452.
- Kwinana_Petrochemical_Plant wasDerivedFrom Kwinana_Petrochemical_Plant?oldid=562517948.
- Kwinana_Petrochemical_Plant isPrimaryTopicOf Kwinana_Petrochemical_Plant.