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January 29, 2016
Tokuyama (Tokyo) on Friday reported an impairment loss of ¥123.5 billion ($1.02 billion) in connection with its Malaysian polysilicon plant. The loss is being recorded in the...
http://www.chemweek.com/regions/north_asia/japan/Tokuyama-reports-extraordinary-loss-on-Malaysian-polysilicon-writedown_76805.html
January 29, 2016
Arkema said on Friday that it decided not to exercise an option to increase its rights to acrylics capacities in China. The company had an option until early 2016 to increase its stake...
http://www.chemweek.com/regions/china/Arkema-drops-plans-to-raise-stake-in-acrylic-acid-capacity-in-China-may-use-funds-for-acquisitions_76819.html
January 29, 2016
PetroChina warned on Friday that its 2015 net profit fell 60–70% from a year earlier. The company reports a net profit of Rmb107.2 billion ($16.3 billion) in 2014. PetroChina has...
http://www.chemweek.com/regions/china/PetroChina-2015-net-profits-fell-60-70-percent_76808.html
January 29, 2016
BASF and Xinjiang Markor Chemical Industry on Friday inaugurated a 100,000-m.t./year butanediol (BDO) plant at Korla, Xinjiang Autonomous Region, in northwestern China. The plant is...
http://www.chemweek.com/regions/china/BASF-and-Markor-inaugurate-BDO-plant-in-China_76807.html
January 29, 2016
Tokuyama (Tokyo) on Friday announced its consolidated results for the third quarter of fiscal 2015, ended 31 December 2015. Operating income was down 18% year-on-year (YOY) to...
http://www.chemweek.com/regions/north_asia/japan/Tokuyama-reports-lower-operating-income-on-flat-sales_76806.html
January 29, 2016
Lubrizol has announced the official opening of a chlorinated polyvinyl chloride (CPVC) compounding plant at Dahej, India. The project forms part of Lubrizol's latest investments in its...
http://www.chemweek.com/regions/india_pakistan/Lubrizol-inaugurates-CPVC-compounding-plant-in-India_76804.html
January 29, 2016
Air Products has brought onstream its four air separation unit (ASU) trains built for Shaanxi Future Energy Chemical at Yulin City, Shaanxi Province, China. The project, capable of...
http://www.chemweek.com/regions/china/Air-Products-commissions-large-air-separation-complex-in-China_76801.html
January 28, 2016
A yearly high was set for December 2015 as China imported 1.1 million m.t. of para-xylene (p-xylene), according to recent data obtained by IHS Chemical. Compared with November, this is...
http://www.chemweek.com/regions/china/China-p-xylene-imports-hit-yearly-high-demand-for-gasoline-blending-increases_76731.html
January 28, 2016
Shin-Etsu Chemical reports a 16.4% rise in net profits for the fiscal first nine months, ended 31 December 2015, compared with the year-ago period, to ¥116.4 billion ($981.4...
http://www.chemweek.com/regions/north_asia/japan/Shin-Etsu-reports-rise-in-profits_76726.html
January 28, 2016
S-Oil Corp. (Seoul), a leading refiner and aromatics producer majority owned by Saudi Aramco, on Thursday reported a swing to profit in the fourth quarter of last year citing an...
http://www.chemweek.com/regions/north_asia/korea/S-Oil-swings-to-profit-citing-improvement-in-refining-business_76723.html
January 27, 2016
Siam Cement Group (SCG; Bangkok) on Wednesday reported its chemical business's fourth-quarter and full-year 2015 profits more than doubled. The quarterly profit increased 113%, to 7.53...
http://www.chemweek.com/regions/southeast_asia/thailand/Siam-Cements-chemicals-profits-surge-on-lower-revenues_76702.html
January 27, 2016
Merck KGaA (Darmstadt, Germany) has announced two appointments in its biopharma business. Gary Zieziula leads Merck’s biopharma business in North America, and Marc Horn will...
http://www.chemweek.com/regions/china/Merck-announces-biopharma-personnel-changes_76701.html
January 26, 2016
Citing improved petrochemical margins amid low oil prices, LG Chem (Seoul) on Tuesday reported fourth-quarter 2015 net profits increased 89%. Net profit reached 207.0 billion South...
http://www.chemweek.com/regions/north_asia/korea/LG-Chems-profits-soar-on-improved-petchem-margins_76669.html
January 26, 2016
LG Chem (Seoul) said on Tuesday that it has abandoned plans to enter the polysilicon business and has canceled its project to build a plant. The company announced in 2011 that it...
http://www.chemweek.com/regions/north_asia/korea/LG-Chem-cancels-polysilicon-project-in-South-Korea-petchems-in-Kazakhstan_76675.html
January 26, 2016
Indian Oil Corp., the country’s largest refiner, is joining forces with Bharat Petroleum Corp. and Hindustan Petroleum Corp (HPCL) to build a 60-million m.t./year oil refinery in...
http://www.chemweek.com/regions/india_pakistan/Indian-oil-majors-link-in-one-of-the-worlds-largest-refinery-projects-petchems-planned_76670.html
January 26, 2016
Indian Potash Ltd. (IPL; New Delhi) has signed a five-year deal for the delivery of potash fertilizers from Belarus, according to Pankaj Saxena, Indian ambassador to Belarus...
http://www.chemweek.com/regions/india_pakistan/IPL-signs-five-year-deal-for-potash-deliveries-from-Belarus_76671.html
January 25, 2016
PPG Industries is reorganizing several of its executive positions, effective 1 March. Tim Knavish, the current v.p./protective and marine coatings, will replace Cindy Niekamp as senior...
http://www.chemweek.com/regions/china/PPG-executive-changes_76650.html
January 25, 2016
Praxair has started up an air separation facility in Zoucheng City, China, with Yankuang Guohong Chemical. Through a long-term contract, Praxair’s 3,000-ton/day plant will...
http://www.chemweek.com/regions/china/Praxair-starts-air-separation-plant-in-China_76649.html
January 25, 2016
Samsung SDI shareholders on Monday agreed to spin off its chemicals business into a new affiliate tentatively called SDI Chemical. The unit will be sold to Lotte Chemical during the...
http://www.chemweek.com/regions/north_asia/korea/Samsung-SDI-separates-chemical-assets-before-sale-to-Lotte_76647.html
January 25, 2016
Chandra Asri Petrochemical (Jakarta), the largest integrated petrochemical company in Indonesia, on Monday announced the completion of its naphtha cracker capacity expansion project at...
http://www.chemweek.com/regions/southeast_asia/indonesia/Chandra-Asri-completes-naphtha-cracker-expansion-project_76646.html
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