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May 12, 2014
IGas (London), a shale gas explorer, has acquired Dart Energy (Singapore) for about A$211.5 million ($198 million), IGas says. The combination of IGas and Dart will create a...
http://www.chemweek.com/regions/southeast_asia/singapore/IGas-acquisition-will-create-largest-UK-shale-gas-explorer_60989.html
May 12, 2014
Ube Industries reports a 53.6% rise in net profits for its fiscal year ended 31 March compared with the previous fiscal year, to ¥12.6 billion ($123 million). Full-year sales...
http://www.chemweek.com/regions/north_asia/japan/Ube-reports-rise-in-profits-and-sales_60988.html
May 12, 2014
Sumitomo Chemical reports a net profit of ¥37.0 billion ($363 million) for the fiscal year, ended 31 March, compared with a net loss of ¥51.07 billion in the previous fiscal...
http://www.chemweek.com/regions/north_asia/japan/Sumitomo-Chemical-swings-to-profit-will-close-caprolactam-plant-in-Japan_60986.html
May 12, 2014
BASF says it has established the global sales office for its organic electronics business at Seoul, to align with the company’s strategy to build a stronger presence in important...
http://www.chemweek.com/regions/north_asia/korea/BASF-moves-global-sales-hub-for-organic-electronics-business-to-Seoul_60985.html
May 9, 2014
State-owned Pupuk Kalimantan Timur (PKT; Bontang, Indonesia) says it has acquired Kaltim Pacific Ammonia's (KPA; Bontang) ammonia plant at Bontang for about $109 million. KPA was a...
http://www.chemweek.com/regions/southeast_asia/indonesia/Indonesian-state-fertilizer-company-acquires-Mitsui-and-Co-ammonia-plant_60961.html
May 9, 2014
Tosoh reports a 75.3% increase in net profits for its fiscal year ended 31 March 2014 compared with the previous fiscal year, to ¥29.6 billion ($291 million). Profits rose sharply...
http://www.chemweek.com/regions/north_asia/japan/Tosoh-reports-huge-rise-in-profits_60960.html
May 9, 2014
Teijin reports a net profit of ¥8.35 billion ($82 million) for the full fiscal year, ended 31 March 2014, compared with a net loss of ¥29.13 billion in the previous fiscal...
http://www.chemweek.com/regions/north_asia/japan/Teijin-swings-to-profit_60956.html
May 9, 2014
Asahi Kasei reports an 88.6% rise in net profits for the fiscal year ended 31 March 2014 compared with the previous fiscal year, to ¥101.2 billion ($996 million). Full-year sales...
http://www.chemweek.com/regions/north_asia/japan/Asahi-Kasei-reports-huge-rise-in-profits_60955.html
May 8, 2014
UOP, a Honeywell subsidiary, announced today that its technologies have been selected to produce key ingredients for fuels and synthetic rubber in China. Lijin Petrochemical Plant Co...
http://www.chemweek.com/regions/china/UOP-to-provide-technology-for-isobutylene-plant-in-China_60952.html
May 8, 2014
Ineos Technologies announced today that it has licensed its process technology for two polyolefin plants to be built in China. The company will provide the technology to Xinjiang...
http://www.chemweek.com/regions/china/Ineos-licenses-polyethylene-and-polypropylene-technology-to-China_60945.html
May 8, 2014
Showa Denko reports a 76.8% fall in net profits for the first quarter ended 31 March 2014, compared with the year-ago period, to ¥945 million ($9.3 million), partly due to a rise...
http://www.chemweek.com/regions/north_asia/japan/Showa-Denkos-chemicals-and-petrochemicals-businesses-report-mixed-results_60893.html
May 8, 2014
Indorama Ventures (Bangkok) says it has appointed Tom Zaiser as CEO of its wholly owned subsidiary FiberVisions (Duluth, GA), effective 30 April 2014. Zaiser succeeds Gary Spitz who is...
http://www.chemweek.com/regions/southeast_asia/thailand/Indorama-appoints-new-CEO-of-FiberVisions_60890.html
May 8, 2014
Toray Industries reports a 22.9% rise in net profits for the company’s fiscal year ended 31 March 2014, compared with the previous fiscal year, to ¥59.60 billion ($585...
http://www.chemweek.com/regions/north_asia/japan/Toray-reports-rise-in-profits-and-sales_60889.html
May 7, 2014
PTT Global Chemical (PTTGC; Bangkok) reports a 47.8% fall in net profits for the first quarter of 2014 compared with the first quarter of 2013, to 6.29 billion baht ($195 million)...
http://www.chemweek.com/regions/southeast_asia/thailand/PTT-Global-Chemical-reports-fall-in-first-quarter-profits_60855.html
May 7, 2014
Evonik Industries says it has opened a oil additives technology center at Tsukuba, Japan. The technology center has been moved from its previous location, at Osaka, to Tsukuba and is...
http://www.chemweek.com/regions/north_asia/japan/Evonik-opens-oil-additives-technology-center-in-Japan_60846.html
May 6, 2014
BASF-YPC, a 50-50 petrochemical joint venture between BASF and Sinopec at Nanjing, China, is moving ahead with plans to build a world-scale production plant for neopentylglycol (NPG)...
http://www.chemweek.com/regions/china/BASF-Sinopec-JV-confirms-plans-to-build-neopentylglycol-plant-at-Nanjing_60819.html
May 2, 2014
National Peroxide Ltd. (Mumbai) says it has closed its Kalyan, India, hydrogen peroxide (H2O2) plant for 51 days to carry out expansion of the facility. Capacity of...
http://www.chemweek.com/regions/india_pakistan/National-Peroxide-hikes-hydrogen-peroxide-capacity_60761.html
May 2, 2014
The petrochemical business of Idemitsu Kosan reports that operating profits more than doubled for the fiscal year ended 31 March 2014 compared with the previous fiscal year, to...
http://www.chemweek.com/regions/north_asia/japan/Idemitsu-Kosans-petchem-business-reports-huge-rise-in-profits_60756.html
May 2, 2014
The Ministry of Commerce (Mofcom; Beijing) says that China has imposed antidumping duties on imports of solar-grade polysilicon from the European Union for two years, starting 1 May...
http://www.chemweek.com/regions/china/China-slaps-antidumping-duties-on-polysilicon-from-EU_60753.html
May 1, 2014
BioAmber (Montreal) has signed its first take-or-pay contract for biosuccinic acid, the company announced today. The company, under the terms of the agreement, will be the principal...
http://www.chemweek.com/regions/southeast_asia/thailand/BioAmber-signs-first-take-or-pay-contract-for-biobased-succinic-acid_60727.html
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