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May 15, 2015
Benzene–styrene price spreads have widened $215–$225/m.t. week on week in Asia as spot prices for each product headed in opposite directions, IHS Chemical data show. For...
http://www.chemweek.com/regions/north_asia/korea/Asia-styrene-benzene-price-spreads-widen-by-more-than-$200-in-one-week_70429.html
May 15, 2015
Deepak Nitrite (Pune, India) has established a wholly owned subsidiary, Deepak Phenolics, to manage a project to build a phenol-acetone plant at Dahej, India, Deepak Nitrite says...
http://www.chemweek.com/regions/india_pakistan/Deepak-Nitrite-establishes-subsidiary-to-manage-phenol-acetone-project-contractors-have-been-selected_70425.html
May 15, 2015
South Korea’s April exports of benzene and mixed xylenes showed month-on-month increases while falls were seen in shipments of para-xylene (p-xylene), styrene, and toluene...
http://www.chemweek.com/regions/north_asia/korea/South-Koreas-April-exports-of-benzene-mixed-xylenes-post-16-19-percent-on-month-rise_70424.html
May 15, 2015
Songwon Industrial (Ulsan, South Korea) reports a net profit of 3.06 billion South Korean won ($2.8 million) in the first quarter of 2015 compared with a net loss of won4.89 billion in...
http://www.chemweek.com/regions/north_asia/korea/Songwon-swings-to-profit_70431.html
May 15, 2015
DIC (Tokyo) reports a 65.1% rise in net profits for its fiscal first quarter ended 31 March 2015, compared with the year-ago quarter, to ¥8.48 billion ($71 million). First-quarter...
http://www.chemweek.com/regions/north_asia/japan/DIC-reports-huge-rise-in-earnings_70428.html
May 14, 2015
Praxair says that it has signed a long-term agreement with steel producer Gerdau (Porto Alegre, Brazil) for the supply of gaseous oxygen to the company’s blast furnace at...
http://www.chemweek.com/regions/india_pakistan/Praxair-signs-long-term-agreement-to-supply-steel-facility-in-India_70409.html
May 14, 2015
Styrene spot prices have spiked in Asia for a second day running today, over news of unexpected outages at styrene plants in the Mideast and lower styrene inventory in China, despite...
http://www.chemweek.com/regions/china/Styrene-spot-prices-spike-in-Asia-on-plant-outages-in-Mideast_70401.html
May 14, 2015
Yeochun NCC (YNCC; Seoul) shut its No. 1 naphtha cracker at Yeocheon, South Korea today for 30–40 days of planned maintenance, a source close to the company says. YNCC yesterday...
http://www.chemweek.com/regions/north_asia/korea/Yeochun-NCC-shuts-No-1-cracker-for-planned-maintenance_70399.html
May 14, 2015
Celanese will raise offers for vinyl acetate monomer (VAM) in China, Europe, and the Mideast on 1 June, the company says. Asian prices will go up $30/m.t., and European and Mideast...
http://www.chemweek.com/regions/china/Celanese-to-raise-VAM-prices-in-China-Europe-Mideast_70394.html
May 14, 2015
Flavors and fine ingredients company Frutarom Industries (Haifa, Israel) says that it has acquired a 60% stake in flavors and fragrances company Sonarome (Bangalore, India) for a cash...
http://www.chemweek.com/regions/india_pakistan/Frutarom-acquires-majority-stake-in-flavors-and-fragrances-company-in-India_70407.html
May 14, 2015
Rx-360 (Washington, DC), an international supply chain consortium, says that it has formed the Rx-360 Asia Working Group-India. The working group will be led by Anish Swadi...
http://www.chemweek.com/regions/india_pakistan/Rx-360-establishes-working-group-in-India_70404.html
May 14, 2015
Ube Industries said on Thursday that it has succeeded in synthesizing the world's first high-dispersion strontium carbonate nano particles for optical applications. Retardation films...
http://www.chemweek.com/regions/north_asia/japan/Ube-develops-high-dispersion-strontium-carbonate-nano-particles_70397.html
May 13, 2015
Spot benzene prices sank in Asia today, putting benzene at a discount to toluene spot price levels, IHS Chemical data show. Spot activity took off as a deal for a toluene parcel...
http://www.chemweek.com/regions/north_asia/korea/Asia-spot-benzene-prices-fall-and-trade-at-discount-to-toluene_70369.html
May 13, 2015
Overall styrene inventories at eastern China’s ports sank to about 64,000 m.t. this week, a 29% slide from about 90,000 m.t. last week, data obtained by IHS Chemical show. The...
http://www.chemweek.com/regions/china/Styrene-stocks-fall-in-eastern-China_70366.html
May 13, 2015
Mitsubishi Chemical Holdings, the parent of Mitsubishi Chemical, says its net profits increased by 88.7% in the full fiscal year, ended 31 March 2015, compared with the previous fiscal...
http://www.chemweek.com/regions/north_asia/japan/Mitsubishi-Chemical-reports-huge-rise-in-profits_70368.html
May 13, 2015
Kuraray reports a 29.8% rise in net profits for the first quarter of 2015 compared with the year-ago quarter, to ¥11.54 billion ($96.3 million). First-quarter sales increased...
http://www.chemweek.com/regions/north_asia/japan/Kuraray-reports-rises-in-profits-and-sales_70365.html
May 13, 2015
South Korea’s benzene exports during the first half of May totaled only about 28% of overall shipments for April, data obtained by IHS Chemical shows. Close to 78,000...
http://www.chemweek.com/regions/north_asia/korea/South-Koreas-benzene-exports-during-first-half-May-hit-28-percent-of-Aprils-total_70358.html
May 13, 2015
Praxair, through its subsidiary Beijing Praxair, has signed a long-term gas supply contract with the Gao Bei Dian water recycling plant of Beijing Drainage Group Co. Located in...
http://www.chemweek.com/regions/china/Praxair-signs-long-term-gas-supply-contract-with-water-recycling-plant-in-China_70361.html
May 13, 2015
Kaneka Corp. (Osaka, Japan) says that it will build a new plant for silyl-terminated polymers sold under the brand name Kaneka MS Polymer, and an additional production facility to...
http://www.chemweek.com/regions/southeast_asia/thailand/Kaneka-to-build-silyl-terminated-polymer-plant-and-modifier-production-facility-in-Malaysia_70360.html
May 12, 2015
Arab Potash Co. (APC; Amman) has signed sales contracts worth an estimated $170–190 million with its partners in India. The contracts cover APC supplying India with more...
http://www.chemweek.com/regions/india_pakistan/Arab-Potash-to-supply-potash-to-India_70332.html
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