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January 21, 2015
BASF subsidiary BASF India (Mumbai) reports a net loss of 395.9 million Indian rupees ($6.4 million) in its fiscal third quarter, ended 31 December 2014, compared with a net profit of...
http://www.chemweek.com/regions/india_pakistan/BASF-India-reports-a-loss_67030.html
January 21, 2015
The Directorate General of Safeguards (DGS), which is part of India’s Ministry of Finance (New Delhi), following an investigation, says that it does not recommend a safeguard...
http://www.chemweek.com/regions/india_pakistan/Indian-government-body-recommends-against-safeguard-duty-on-imports-of-flexible-slabstock-polyol_67045.html
January 20, 2015
China produced 1.49 million m.t. of ethylene in December 2014, taking the full-year tally to 17.0 million m.t., the National Bureau of Statistics (NBS; Beijing) announced today. The...
http://www.chemweek.com/regions/china/Chinas-ethylene-production-up-6-4-percent-in-December_66994.html
January 20, 2015
Lotte Chemical Titan (Kuala Lumpur) has issued a buy tender for 3,000–5,000 m.t. of ethylene for second-half February delivery, a source close to the company said today. The...
http://www.chemweek.com/regions/southeast_asia/indonesia/Lotte-Chemical-Titan-seeks-ethylene-for-second-half-February_66990.html
January 19, 2015
Asahi Kasei says that its Asahi Kasei Chemicals (AKC) subsidiary will construct a validation plant at the Mizushima manufacturing complex at Kurashiki, Japan, for its newly developed...
http://www.chemweek.com/regions/north_asia/japan/Asahi-Kasei-to-build-validation-plant-to-produce-diphenyl-carbonate-using-new-process_66960.html
January 19, 2015
UAC Global (Bangkok) plans to establish a subsidiary to take over the assets of Advance Polymers & Chemicals (APC; Bangkok) for about 730.0 million baht ($22.4 million), the...
http://www.chemweek.com/regions/southeast_asia/thailand/UAC-Global-plans-to-acquire-Advance-Polymers-assets_66955.html
January 16, 2015
Reliance Industries says net profits for the company’s fiscal third quarter, ended 31 December 2014, decreased 4.5% compared with the same period of the previous fiscal year, to...
http://www.chemweek.com/regions/india_pakistan/Reliance-Industries-reports-fall-in-profits_66941.html
January 16, 2015
National Fertilizers Ltd. (NFL), Engineers India, and Fertilizer Corporation of India earlier this week signed an agreement to form a joint venture to construct a fertilizer complex...
http://www.chemweek.com/regions/india_pakistan/Indian-firms-form-joint-venture-to-build-fertilizer-complex_66928.html
January 16, 2015
South Korea's benzene exports surged 35% in 2014 versus 2013 as new aromatics plants started operations, Korea Customs Service statistics show. About 1.88 million m.t. was exported...
http://www.chemweek.com/regions/north_asia/korea/South-Koreas-2014-benzene-exports-surged-35-percent-on-plant-start-ups_66925.html
January 16, 2015
Japan's ethylene production totaled 631,200 m.t. in December 2014, up 1.5% from 622,000 m.t. in the previous December, according to figures released by the Ministry of Economy, Trade...
http://www.chemweek.com/regions/north_asia/japan/Japans-ethylene-production-up-1-5-percent-in-December_66923.html
January 16, 2015
Lotte Chemical (Seoul) plans to shut its Daesan, South Korea, butadiene extraction unit for seven days in late January because of a technical hitch, a source close to the company said...
http://www.chemweek.com/regions/north_asia/korea/Lotte-Chemical-to-shut-Daesan-butadiene-unit-late-this-month-for-repairs_66920.html
January 16, 2015
Ube Industries announced today that it has bought a majority stake in Advanced Electrolyte Technologies (AET; Midland, MI) and intends to raise its stake further by end of March. AET...
http://www.chemweek.com/regions/china/Ube-Industries-buys-Dow-out-of-electrolytes-joint-venture_66919.html
January 16, 2015
Higher production, fewer turnarounds, and a plant restart enabled South Korea to export 1.42 million m.t. of styrene to China in 2014, a 22% spike from 1.16 million m.t. in 2013, Korea...
http://www.chemweek.com/regions/china/South-Koreas-styrene-exports-to-China-jumped-in-2014-on-higher-operating-rates-fewer-turnarounds_66917.html
January 16, 2015
Siam Cement Group (SCG; Bangkok) says that it has reached an agreement with tire manufacturer Michelin (Clermont-Ferrand, France) to divest SCG’s 10% stake in Michelin Siam Group...
http://www.chemweek.com/regions/southeast_asia/thailand/Siam-Cement-divests-stake-in-tire-manufacturing-JV_66915.html
January 15, 2015
Altech Chemicals (Claremont, Australia) has selected Johor Bahru, Malaysia as the preferred location for a high-purity alumina (HPA) processing plant, and it has incorporated a wholly...
http://www.chemweek.com/regions/southeast_asia/singapore/Australian-firm-selects-site-in-Malaysia-for-high-purity-alumina-project_66857.html
January 15, 2015
The ongoing failure of Asia's monthly para-xylene (p-xylene) contract price mechanism to reach a settlement is creating frustration in Europe, which has historically relied on Asia to...
http://www.chemweek.com/regions/china/Delays-to-Asia-p-xylene-contract-settlements-cause-frustration-in-Europe_66860.html
January 15, 2015
Bayer MaterialScience (BMS), the business currently being carved out from the rest of Bayer with plans to list it on the Frankfurt Stock Exchange, today unveiled a breakthrough...
http://www.chemweek.com/regions/china/Bayer-MaterialScience-to-commercialize-breakthrough-biobased-polyurethane_66852.html
January 15, 2015
Teijin says that its Teijin DuPont Films polyester films joint venture with DuPont will permanently shut its production facility at Anpachi, Gifu Prefecture, Japan. The move is aimed...
http://www.chemweek.com/regions/north_asia/japan/Teijin-DuPont-Films-to-close-plant-in-Japan_66845.html
January 14, 2015
Indorama Ventures (Bangkok) today announced that it has pulled out of an agreement to acquire Sasa Polyester Sanayi (Adana, Turkey), a leading polyester and polyethylene terephthalate...
http://www.chemweek.com/regions/southeast_asia/thailand/Indorama-ends-plan-to-acquire-Turkish-firm-Sasa-Polyester-Sanayi_66809.html
January 13, 2015
Badger Licensing today announced that it has licensed its bisphenol-A (BPA) technology to Lihuayi Weiyuan Chemical Co. The process will be used in a 120,000-m.t./year grassroots BPA...
http://www.chemweek.com/regions/china/Badger-licenses-bisphenol-A-technology-to-China_66796.html
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