IHS Chemical Week

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April 1, 2015
Solvay says that, effective 1 April, it has created a new global business unit — Special Chem — that will integrate the company’s rare earth systems and special...
http://www.chemweek.com/regions/north_asia/korea/Solvay-creates-new-global-special-chem-business-unit-based-at-Seoul_69091.html
April 1, 2015
Styrene inventories at eastern China’s ports were estimated to be about 154,000 m.t. this week, down about 12,000 m.t. from last week’s tally, data obtained by...
http://www.chemweek.com/regions/china/Styrene-stocks-in-eastern-China-slip-amid-higher-demand-turnarounds_69078.html
April 1, 2015
Cepsa (Madrid) plans to open officially its new phenol plant at Shanghai on 20 April, the company says. The plant, which has nameplate capacity for 250,000 m.t./year of phenol and...
http://www.chemweek.com/regions/china/Cepsa-to-inaugurate-phenol-plant-at-Shanghai-this-month_69069.html
April 1, 2015
UCB announced today that in line with its strategic focus, it has entered into an agreement with Dr. Reddy’s, India’s leading pharma group, to sell its established brands...
http://www.chemweek.com/regions/india_pakistan/UCB-to-sell-established-brands-portfolio-in-India-to-Dr-Reddys_69085.html
April 1, 2015
Takeda (Tokyo) announced today that it has signed an agreement with Osaka Gas Chemicals (OGC; Osaka), to sell its 54.2% stake in Mizusawa Industrial Chemicals (Tokyo) for ¥638 per...
http://www.chemweek.com/regions/north_asia/japan/Takeda-sells-Mizusawa-Industrial-Chemicals-stake-to-Osaka-Gas-Chemicals_69083.html
April 1, 2015
Versalis, an ENI (Rome) subsidiary, said today that it has extended its cooperation with Lotte Chemical (Seoul) in the elastomers area. Under the terms of the deal, Versalis will...
http://www.chemweek.com/regions/north_asia/korea/Versalis-and-Lotte-Chemical-expand-elastomers-cooperation-in-Korea_69082.html
April 1, 2015
Toray Industries says that its wholly owned subsidiary Toray Advanced Materials Korea (TAK; Seoul) will acquire the shares it does not currently own in Toray Chemical Korea (Seoul)...
http://www.chemweek.com/regions/north_asia/korea/Toray-to-acquire-remaining-stake-in-former-Woongjin-Chemical-for-$367-million_69081.html
April 1, 2015
Nippon Shokubai says that its previously announced new wholly owned subsidiary called Nippon Shokubai Korea, at Seongnam, South Korea became operational today. Nippon Shokubai Korea...
http://www.chemweek.com/regions/north_asia/korea/Nippon-Shokubais-new-South-Korea-subsidiary-becomes-operational_69072.html
April 1, 2015
Linde says that it has established a combustion center at Suzhou, China. The Linde Combustion Centre will drive R&D initiatives in partnership with metal and glass industries and...
http://www.chemweek.com/regions/china/Linde-opens-combustion-center-at-Suzhou_69071.html
April 1, 2015
Praxair says that it has completed an extension of its pipeline to supply oxygen to Kumbi Corp. (Seoul), one of the largest glass bottle manufacturers in South Korea. The six-mile...
http://www.chemweek.com/regions/north_asia/korea/Praxair-extends-oxygen-pipeline-to-supply-South-Korean-glass-manufacturer_69070.html
March 31, 2015
Shaoxing Yuandong Petrochemical (Shaoxing, China) has stopped offering purified terephthalic acid (PTA) futures on the Zhengzhou Commodity Exchange (ZCE; Zhengzhou, China), effective...
http://www.chemweek.com/regions/china/Chinese-producer-stops-offering-PTA-futures-on-commodity-exchange-due-to-suspected-bankruptcy_68688.html
March 31, 2015
China’s imports of benzene and xylenes in February spiked from January despite the Lunar New Year holidays, amid falls in other principal aromatics markets. The country...
http://www.chemweek.com/regions/china/Chinas-benzene-xylene-imports-spike-in-February-despite-holidays_69042.html
March 31, 2015
Idemitsu Kosan will reduce the capacity of its Chiba, Japan refinery by 20,000 bbl/day, or 9%, to 200,000 bbl/day, effective 1 April, and by another 35,000 bbl/day at a later date, the...
http://www.chemweek.com/regions/north_asia/japan/Idemitsu-to-cut-capacity-at-Chiba-refinery_69002.html
March 31, 2015
Wacker Chemie today inaugurated its new food-grade polyvinyl acetate (PVAc) solid resins plant at its Nanjing, China site. The plant, designed to produce 20,000 m.t./year, is the...
http://www.chemweek.com/regions/china/Wacker-inaugurates-polyvinyl-acetate-solid-resins-plant-in-China_69048.html
March 31, 2015
Sinopec Engineering Group (SEG) and ExxonMobil Research and Engineering (EMRE) have signed a joint-venture agreement to develop methanol-to-gasoline technology, SEG says. EMRE and SEG...
http://www.chemweek.com/regions/china/Sinopec-ExxonMobil-to-develop-methanol-to-gasoline-technology_69037.html
March 31, 2015
Two Qatar-based companies—Hamad bin Suhaim Enterprises and Qatra for Investment and Development—will acquire a 49% stake in Shandong Dongming Petrochemical Group (Heze...
http://www.chemweek.com/regions/china/Reports-Qatar-based-firms-to-invest-$5-billion-in-Shandong-Dongming-Petrochemical_69046.html
March 31, 2015
Asahi Kasei says that its Asahi Kasei Medical subsidiary will construct a plant for spinning hollow-fiber membranes for Planova BioEX filters at the company’s site at Oita...
http://www.chemweek.com/regions/north_asia/japan/Asahi-Kasei-to-build-plant-for-hollow-fiber-membrane-virus-filters_69044.html
March 31, 2015
Sumitomo Chemical today announced that it will integrate its agricultural chemicals business with the company’s biorational business operations, effective 1 April, in order to...
http://www.chemweek.com/regions/north_asia/japan/Sumitomo-Chemical-to-integrate-agricultural-chemicals-and-biorational-businesses_69043.html
March 31, 2015
DSM today announced that it has completed the previously announced acquisition of Aland (Hong Kong), a company producing vitamin C in Mainland China. DSM announced in April 2014 that...
http://www.chemweek.com/regions/china/DSM-completes-acquisition-of-Chinese-vitamin-C-producer-Aland_69041.html
March 31, 2015
LG Chem (Seoul), South Korea’s largest chemical company, today announced that it will invest $100 million to expand thin film transistor (TFT)–LCD polarizer production at...
http://www.chemweek.com/regions/china/LG-Chem-to-invest-$100-million-to-expand-TFT-LCD-polarizer-production-in-China_69039.html
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