IHS Chemical Week

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November 3, 2014
Petrochemical Industries Co. (PIC; Kuwait City) has returned to the negotiating table to acquire a stake in two Oil & Natural Gas Corp. (ONGC; New Delhi) petrochemical units for...
http://www.chemweek.com/regions/india_pakistan/Report-Kuwaits-PIC-returns-to-negotiations-to-acquire-stake-in-OPaL-and-Mangalore-Petrochemicals_65047.html
November 3, 2014
Bayer says it has completed the previously announced acquisition of Dihon Pharmaceutical Group (Kunming, China), a privately held pharmaceutical company specializing primarily in OTC...
http://www.chemweek.com/regions/china/Bayer-completes-acquisition-of-Chinese-pharmaceutical-company-for-$590-million_65046.html
November 2, 2014
Indian Oil (New Delhi) is developing a cracker project on the east coast of India based on shale gas ethane from the United States, CW has learned. S. Mitra, executive...
http://www.chemweek.com/regions/india_pakistan/Indian-Oil-mulls-cracker-based-on-US-shale-gas-revives-acetic-acid-project-to-hike-SBR-capacity_65042.html
October 31, 2014
Ube Industries reports no net profits for its fiscal first half ended 30 September, compared with a net profit of ¥6.6 billion ($59 million) in the year-ago period. Sales in the...
http://www.chemweek.com/regions/north_asia/japan/Ube-records-fall-in-sales_65027.html
October 31, 2014
Corbion (Gorinchem, Netherlands) said today that it will build a 75,000-m.t./year polylactic acid (PLA) plant in Thailand. With entry into this business, the company intends to bring...
http://www.chemweek.com/regions/southeast_asia/thailand/Corbion-to-build-polylactic-acid-plant-in-Thailand-consolidates-operations-in-the-US_65019.html
October 31, 2014
Sumitomo Chemical reports an 81.4% rise in net profits for its fiscal first half, ended 30 September 2014, compared with the year-ago period, to ¥22.58 billion ($203 million)...
http://www.chemweek.com/regions/north_asia/japan/Sumitomo-Chemical-reports-huge-rise-in-profits_65018.html
October 31, 2014
Tosoh reports a 2.8% decrease in net profits for the company's fiscal first half ended 30 September 2014 compared with the year-ago period, to ¥13.7 billion ($123 million)...
http://www.chemweek.com/regions/north_asia/japan/Tosoh-reports-fall-in-profits_65014.html
October 31, 2014
Mitsubishi Chemical Holdings, the parent of Mitsubishi Chemical, says its net profits increased by 21.7% in its fiscal first half, ended 30 September, compared with the year-ago...
http://www.chemweek.com/regions/north_asia/japan/Mitsubishi-Chemical-reports-rise-in-profits-sales_65012.html
October 31, 2014
Sinopec’s chemicals segment reports an operating loss of 3.51 billion renminbi ($577 million) in the first nine months of 2014 compared with an operating loss of Rmb59 million in...
http://www.chemweek.com/regions/china/Sinopecs-chemicals-segment-nine-month-loss-widens_65009.html
October 30, 2014
ExxonMobil says it has broken ground on the previously announced halobutyl rubber and hydrogenated hydrocarbon resin production plants at the company’s petrochemical complex in...
http://www.chemweek.com/regions/southeast_asia/singapore/ExxonMobil-breaks-ground-on-halobutyl-rubber-and-hydrocarbon-resin-plants-in-Singapore_65008.html
October 30, 2014
Showa Denko reports a 67.7% fall in net profits for the first nine months of 2014, compared with the year-ago period, to ¥2.17 billion ($20 million). Nine-month sales increased...
http://www.chemweek.com/regions/north_asia/japan/Showa-Denkos-chemicals-and-petrochemicals-businesses-report-mixed-results_64935.html
October 30, 2014
Nippon Shokubai says that it has signed a letter of intent with plastics manufacturer Takiron Co. (Osaka, Japan), to transfer all of the shares of its subsidiary, Nippon Polyester...
http://www.chemweek.com/regions/north_asia/japan/Nippon-Shokubai-to-divest-Nippon-Polyester-subsidiary_64927.html
October 30, 2014
LG Chem (Seoul) says it has today broken ground on a previously announced electric vehicle battery plant at Nanjing, China, to meet growing demand in the world’s biggest car...
http://www.chemweek.com/regions/china/LG-Chem-breaks-ground-on-electric-vehicle-battery-plant-in-China_64926.html
October 30, 2014
BASF and Toda Kogyo (Hiroshima, Japan), a leading developer and manufacturer of cathode materials for lithium-ion batteries, have agreed to form a joint venture for cathode active...
http://www.chemweek.com/regions/north_asia/japan/BASF-and-Toda-Kogyo-agree-to-form-JV-for-cathode-active-materials-in-Japan_64924.html
October 30, 2014
Private equity firm Warburg Pincus (New York) says that it has acquired a minority stake in Laurus Labs (Hyderabad, India), a leading developer and manufacturer of active...
http://www.chemweek.com/regions/india_pakistan/New-York-based-private-equity-firm-buys-minority-stake-in-Indian-API-manufacturer-Laurus-for-$90-million_64923.html
October 29, 2014
The chemical subsidiary of Siam Cement Group (SCG; Bangkok) reports net profits for the third quarter of 2014 rose 10% compared with the year-ago quarter, to 4.18 billion baht...
http://www.chemweek.com/regions/southeast_asia/thailand/Siam-Cements-chemicals-business-reports-rise-in-profits_64888.html
October 29, 2014
Industrial gases firm Messer has signed a 25-year contract to supply oxygen and nitrogen to Hoa Phat Steel, Vietnam’s largest steel producer. Messer will build the third gases...
http://www.chemweek.com/regions/southeast_asia/indonesia/Messer-to-build-air-separation-plant-in-Vietnam_64900.html
October 29, 2014
Hyosung Corp. (Seoul) has signed a deal to sell its packaging business to Standard Chartered Private Equity for 415 billion Korean won ($396.7 million), Hyosung said today in a filing...
http://www.chemweek.com/regions/north_asia/korea/Hyosung-sells-packaging-business-to-Standard-Chartered_64895.html
October 29, 2014
Ube Industries says that it will establish a subsidiary at Mexico City that will focus on developing the market for Ube products, marketing, and materials' procurement. The new...
http://www.chemweek.com/regions/north_asia/japan/Ube-to-establish-subsidiary-in-Mexico_64876.html
October 29, 2014
PetroChina’s refining and chemicals business segment recorded an operating loss of 8.75 billion renminbi ($1.43 billion) in the first nine months of 2014 compared with an...
http://www.chemweek.com/regions/china/PetroChinas-chemicals-business-narrows-loss_64892.html
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