IHS Chemical Week

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April 2, 2014
Bayer HealthCare, a subgroup of Bayer, says it will invest about €100 million ($137.5 million) to significantly increase the production capacity of its plant at Beijing, China, in...
http://www.chemweek.com/regions/china/Bayer-HealthCare-invests-&euro100-million-to-expand-Beijing-plant_59920.html
April 2, 2014
Samsung General Chemicals (Seoul) and Samsung Petrochemical have announced that their boards have agreed to merge the two companies. The news comes just days after the group said that...
http://www.chemweek.com/regions/north_asia/korea/Samsung-General-Chemicals-to-merge-with-Samsung-Petrochemical_60012.html
April 2, 2014
Hermann Althoff. BASF says it has appointed François Desné as senior v.p. of global water, oilfield and mining solutions, based at Ludwigshafen, Germany, effective 1...
http://www.chemweek.com/regions/southeast_asia/singapore/BASF-appoints-new-business-heads-for-leather-and-textile-chemicals-and-water-oilfield-and-mining-solutions_59998.html
April 2, 2014
Actavis (Dublin) says that it has completed the previously announced divestiture of its generics commercial operations in seven markets in Western Europe to Aurobindo Pharma...
http://www.chemweek.com/regions/southeast_asia/thailand/Actavis-completes-sale-of-operations-in-seven-European-countries-to-Aurobindo-buys-Thai-generics-company-Silom_59996.html
April 1, 2014
Potash producer Uralkali (Berezniki, Russia) says that it has signed a contract with Indian Potash Ltd. (New Delhi), a major Indian fertilizer importer, for potash deliveries between...
http://www.chemweek.com/regions/india_pakistan/Uralkali-signs-agreement-on-potash-shipments-to-India_59968.html
April 1, 2014
Mitsui Chemicals says it will establish a new division called the New HC Business Development Division, effective 15 April. The new division will accelerate the company’s ongoing...
http://www.chemweek.com/regions/north_asia/japan/Mitsui-Chemicals-establishes-business-development-division_59961.html
April 1, 2014
Indorama Ventures (Bangkok) says that it has formed a new joint venture company called ES Fiber Visions Thailand, on 28 March. The jv company is equally owned by Indorama and JNC...
http://www.chemweek.com/regions/southeast_asia/thailand/Indorama-and-JNC-Fibers-establish-bicomponent-fibers-JV-in-Thailand_59959.html
March 31, 2014
Asia will remain the center of olefins demand growth at least in the foreseeable future. The region accounts for 3.9 billion, or 55%, of the world’s potential chemical and...
http://www.chemweek.com/regions/china/IHS-WPC-2014-Lack-of-resources-limits-Asias-olefin-output-potential_59935.html
March 31, 2014
China’s polypropylene (PP) demand represents 33% of worldwide demand, far ahead of North America and Western Europe, each a distant joint second at 14%, IHS Chemical says...
http://www.chemweek.com/regions/china/IHS-WPC-2014-China-is-still-a-net-PP-importer-but-it-continues-working-toward-self-sufficiency_59932.html
March 31, 2014
Air Products announced today that it has been awarded a contract to supply liquid nitrogen to Singapore’s Jurong Rock Caverns (JRC) project, an underground storage facility for...
http://www.chemweek.com/regions/southeast_asia/singapore/Air-Products-to-supply-liquid-nitrogen-to-underground-petchem-storage-in-Singapore_59937.html
March 31, 2014
Renewable products company Amyris (Emeryville, CA) and Kuraray have expanded and extended their ongoing collaboration in high performance polymers using Biofene, Amyris's brand of...
http://www.chemweek.com/regions/north_asia/japan/Amyris-and-Kuraray-expand-collaboration-in-farnesene-based-polymers_59929.html
March 31, 2014
Tata Chemicals (Mumbai) and agribusiness company Olam International (Singapore) say that Tata Chemicals will not proceed with its proposed 25.1% equity participation in the greenfield...
http://www.chemweek.com/regions/india_pakistan/Tata-Chemicals-exits-Gabon-fertilizer-project_59922.html
March 31, 2014
The Chinese government says that the Office of Work Safety Commission of the State Council, the country’s cabinet, has demanded strict safety standards when transporting...
http://www.chemweek.com/regions/china/Chinese-government-demands-better-chemical-transportation-safety_59921.html
March 28, 2014
With feedstock para-xylene (p-xylene) increasingly oversupplied, China’s producers of purified terephthalic acid (PTA) are gaining leverage over feedstock costs, and p-xylene margins are consequently in decline, says Duncan Clark, sr. director/aromatics and glycols at IHS Chemical. “It’s similar to the PTA industry, where there were very good margins a few years ago, and that was the business to be in.”...
http://www.chemweek.com/regions/china/IHS-WPC-2014-Chinas-PTA-producers-gaining-leverage-over-p-xylene-costs_59918.html
March 28, 2014
China's petrochemical industry, after a decade of rapid expansion, has reached two major bottlenecks: market monopolization and crude oil supply constraints. These constraints have...
http://www.chemweek.com/regions/china/IHS-WPC-2014-Chinas-investments-in-unconventional-feedstocks-will-transform-countrys-petchem-industry_59863.html
March 28, 2014
The Indian government on Thursday approved reducing the potash subsidy for the 2014/15 fiscal year, starting this April, by nearly 20%, to 9,400 Indian rupees/m.t. ($160), which will...
http://www.chemweek.com/regions/india_pakistan/India-cuts-potash-subsidy-as-prices-decline_59894.html
March 28, 2014
Asahi Kasei Chemicals (AKC), an Asahi Kasei subsidiary, on 27 March, officially opened its previously announced new acetonitrile plant at Ulsan, South Korea. The new, 11,000-m.t./year...
http://www.chemweek.com/regions/north_asia/japan/Asahi-Kasei-opens-acetonitrile-plant-in-South-Korea_59891.html
March 27, 2014
A wave of on-purpose propylene capacity over the next five years is set to significantly outpace projected demand growth....
http://www.chemweek.com/regions/china/IHS-WPC-2014-Global-propylene-caught-in-supply-currents_59890.html
March 27, 2014
Sinofert Holdings, China’s largest fertilizer producer and distributor, today reported lower figures on overcapacity problems of fertilizer industry and a sluggish market. Sales...
http://www.chemweek.com/regions/china/Sinofert-earnings-down-on-weak-fertilizer-market_59877.html
March 27, 2014
Total and China National Offshore Oil Corp. (CNOOC; Beijing) have signed a cooperation agreement covering liquefied natural gas (LNG). Total, under the existing 15-year contract, has...
http://www.chemweek.com/regions/china/Total-signs-LNG-supply-agreement-with-CNOOC-ups-deliveries-to-China_59870.html
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