IHS Chemical Week

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July 23, 2015
Shin-Etsu Chemical posted a 14.3% increase in net profit for its fiscal first quarter, ended 30 June—compared with the year-earlier quarter—to ¥37.6 billion, on sales...
http://www.chemweek.com/regions/north_asia/japan/Shin-Etsu-posts-higher-profit-sales_72394.html
July 23, 2015
Energy and petrochemicals producer Gail (India) on Thursday reported sales of 125.19 billion Indian rupees ($1.96 billion) in the first quarter of the financial year ending 30 June...
http://www.chemweek.com/regions/india_pakistan/Petrochemicals-hurt-Gails-first-quarter-results_72392.html
July 22, 2015
Shaoxing Yuandong Petrochemical (Shaoxing, China) has filed for liquidation. The company says it lacks the ability to repay debt due for repayment. The company held a provisional...
http://www.chemweek.com/regions/china/China-PTA-company-files-for-liquidation_72359.html
July 22, 2015
GS Engineering & Construction (Seoul) has signed a contract with Korea Petrochemical Industry Co. (KPIC; Seoul) to expand a naphtha South Korea, the engineering firm says in a...
http://www.chemweek.com/regions/north_asia/korea/GS-Engineering-to-expand-cracker-aromatics-complex-in-South-Korea_72357.html
July 22, 2015
S-Oil (Seoul), a major oil refiner and producer of aromatics, on Wednesday reported an increase in second-quarter earnings. The company, a subsidiary of Saudi Aramco, says  that...
http://www.chemweek.com/regions/north_asia/korea/S-Oils-second-quarter-earnings-soar-sales-are-down_72353.html
July 22, 2015
Mitsui Chemicals on Wednesday said it has revised its sales and earnings forecast for the first half of the year, covering 1 April–30 September, to reflect improved business...
http://www.chemweek.com/regions/north_asia/japan/Mitsui-Chemicals-upgrades-earnings-forecast-on-high-naphtha-cracker-operating-rates_72348.html
July 21, 2015
Versalis's (Milan) wholly owned Pacific trading subsidiary said on Tuesday that it has signed a styrene butadiene rubber (SBR) sales agreement with Reliance Industries (Mumbai) to...
http://www.chemweek.com/regions/china/Versalis-to-sell-SBR-from-Reliances-Indian-plant-in-China_72331.html
July 21, 2015
UOP, a Honeywell subsidiary, said on Tuesday that China’s Ningxia Baota Chemical Fiber Co. will use the latest generation UOP technologies and equipment to build an...
http://www.chemweek.com/regions/china/UOP-to-provide-technology-for-large-aromatics-complex-in-China_72330.html
July 20, 2015
Hanwha Chemical (Seoul) has merged its Hanwha Compound and Hanwha Next subsidiaries under the Hanwha Compound business, according to local news reports. The combined entity will...
http://www.chemweek.com/regions/north_asia/korea/Reports-Hanwha-Chemical-merges-compound-business-units_72308.html
July 19, 2015
R&P (Pte) (Singapore) and Shanghai Hop Zenith Chemical Trading have signed a memorandum of understanding (MOU) to form a joint venture company in China to produce, distribute and...
http://www.chemweek.com/regions/china/R-and-P-and-Shanghai-Hop-Zenith-to-establish-TPO-compounding-JV-in-China_72299.html
July 17, 2015
LG Chem (Seoul) reports a 56% increase in second-quarter net profits compared with the corresponding period of last year, to 352.9 billion South Korean won, on sales down 14%, to...
http://www.chemweek.com/regions/north_asia/korea/LG-Chem-posts-big-hike-in-profits-but-sales-dip_72275.html
July 17, 2015
Mitsubishi Chemical Holdings has announced that it will begin a detailed review to integrate its three chemical operating companies, Mitsubishi Chemical Corp., Mitsubishi Plastics, and...
http://www.chemweek.com/regions/north_asia/japan/Mitsubishi-Chemical-will-merge-three-companies-to-fend-off-competition_72273.html
July 17, 2015
Axens (Paris) has been awarded several contracts for expanding residue conversion facilities at S-Oil’s Ulsan, South Korea, refinery. S-Oil, a subsidiary of Saudi Aramco, is...
http://www.chemweek.com/regions/north_asia/korea/S-Oil-awards-contracts-to-Axens-as-part-of-petchems-diversification_72271.html
July 17, 2015
DuPont has signed a licensing agreement with Jilin Province New Tianlong Industry Co. (NTL; Siping, China) to begin developing China’s largest cellulosic bioethanol manufacturing...
http://www.chemweek.com/regions/china/DuPont-licenses-cellulosic-bioethanol-technology-to-Chinese-firm_72270.html
July 15, 2015
South Korea’s exports of benzene increased significantly in the first half of 2015 compared with the same timeframe in 2014, according to data obtained by IHS Chemical. Total...
http://www.chemweek.com/regions/north_asia/korea/South-Koreas-benzene-exports-surge-in-first-half-of-2015_72169.html
July 15, 2015
Ineos says that its dispute with Sinopec over the use of what Ineos claims to be its technology to produce acrylonitrile in plants in China, which were not licensed by Ineos, is about...
http://www.chemweek.com/regions/china/Ineos-puts-Chinese-phenol-project-on-hold-about-to-resolve-acrylo-technology-dispute-with-Sinopec_72151.html
July 15, 2015
UOP has licensed its Advanced methanol-to-olefins (MTO) process to Better Clean Energy, a subsidiary of Better Holdings Group (Dongying, China). Better Clean Energy intends to use the MTO process to produce 300,000 m.t./year of ethylene and propylene at a new facility in Shandong Province, China. Startup is slated for 2016, says UOP....
http://www.chemweek.com/regions/china/UOP-issues-fifth-MTO-license-in-China_72144.html
July 14, 2015
Total global semiconductor manufacturing equipment sales are expected to grow by 7.1% year-on-year (YOY) during 2015, to about $40.2 billion, according to figures released today by...
http://www.chemweek.com/regions/north_asia/korea/Semi-Global-semiconductor-equipment-market-to-grow-7-1-percent-in-2015_72148.html
July 14, 2015
Total today announced the startup of its largest lubricants oil blending plant worldwide, located in Singapore. The 310,000-m.t./year facility will boost Total’s lubricants...
http://www.chemweek.com/regions/southeast_asia/singapore/Total-commissions-in-Singapore-its-largest-lubricants-plant_71871.html
July 14, 2015
The board of Indian Oil Corp. (New Delhi) has approved construction of previously announced world-scale para-xylene, ethylene glycol (EG), and purified terephthalic acid (PTA) plants...
http://www.chemweek.com/regions/india_pakistan/Indian-Oil-board-approves-large-p-xylene-EG-PTA-projects-at-Paradip_71958.html
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