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February 25, 2014
Styron says it plans to expand its latex capacity with a new reactor at its Zhangjiagang, China, production facility. This expansion will mainly support the demand for latex in...
http://www.chemweek.com/regions/china/Styron-to-expand-latex-capacity-in-China_59061.html
February 21, 2014
Indorama Ventures (Bangkok) reports a net loss of $16 million for the fourth quarter of 2013 compared with a net loss of $7 million in the year-ago quarter. Fourth-quarter sales...
http://www.chemweek.com/regions/southeast_asia/thailand/Indorama-reports-fourth-quarter-loss_59017.html
February 21, 2014
PTT Global Chemical (PTTGC; Bangkok) says that the company's olefins plant 14-1 at Map Ta Phut, which has production capacities of 515,000 m.t./year of ethylene and 310,000 m.t./year...
http://www.chemweek.com/regions/southeast_asia/thailand/PTT-Global-Chemical-temporarily-shuts-olefins-plant_59016.html
February 20, 2014
Ineos Phenol and Sinopec Yangzi Petrochemical Co. (Sinopec YPC) have today signed a joint venture agreement and the Articles of Association to form a 50-50 jv company at Nanjing, China...
http://www.chemweek.com/regions/china/Ineos-and-Sinopec-sign-JV-agreement-for-phenol-acetone-project-in-China_58942.html
February 20, 2014
Mitsubishi Chemical Holdings, the parent of Mitsubishi Chemical, says that on 1 April 2014, it will establish the Life Science Institute, with its headquarters at Tokyo. Four...
http://www.chemweek.com/regions/north_asia/japan/Mitsubishi-Chemical-to-consolidate-several-health-care-businesses-under-new-company-Life-Science-Institute_58934.html
February 20, 2014
Uhdenora, a joint venture between ThyssenKrupp Electrolysis and Industrie De Nora (Milan), has signed a contract with the Befar Group to build an 80,000-m.t./year caustic soda plant at...
http://www.chemweek.com/regions/china/Uhdenora-awarded-first-energy-efficient-ODC-technology-chlor-alkali-contract_58933.html
February 19, 2014
Ningbo Fortune Petrochemical (Ningbo, China) has selected UOP's C3 Oleflex process technology to convert propane to propylene via propane dehydrogenation. Ningbo Fortune will employ the technology in a 600,000-m.t./year propylene plant that is expected to start up in 2016....
http://www.chemweek.com/regions/china/Ningbo-Fortune-licenses-UOPs-Oleflex-propylene-technology_58902.html
February 18, 2014
PTT Global Chemical (PTTGC; Bangkok) reports a 2.1% fall in net profits for full-year 2013 compared with 2012, to 33.3 billion baht ($1.02 billion). Sales for 2013 decreased 2.4%, to...
http://www.chemweek.com/regions/southeast_asia/thailand/PTT-Global-Chemical-reports-fall-in-profits_58868.html
February 18, 2014
The Ministry of Commerce (Mofcom; Beijing), on 17 February, announced its preliminary ruling on the previously announced antidumping investigation into Chinese imports of...
http://www.chemweek.com/regions/china/China-investigation-confirms-EU-US-dumped-perchloroethylene_58858.html
February 18, 2014
Air Products says it has recently signed contracts with over 20 recycled copper manufacturers in China to provide its oxy-fuel solution—with about half of them onstream and...
http://www.chemweek.com/regions/china/Air-Products-provides-oxy-fuel-to-over-20-China-copper-recyclers_58877.html
February 18, 2014
Kaneka (Osaka, Japan) says that it will build a new manufacturing facility for the company’s Kanekalon/Kanecaron acrylic fibers at the site of its Kaneka Malaysia (Kuantan)...
http://www.chemweek.com/regions/north_asia/japan/Kaneka-to-build-acrylic-fibers-facility-in-Malaysia_58854.html
February 14, 2014
The Ministry of Economy, Trade and Industry (METI; Tokyo) says that Japan has launched an antidumping investigation into imports of toluene diisocyanate (TDI) from China, following a...
http://www.chemweek.com/regions/china/Japan-launches-antidumping-investigation-into-TDI-from-China_58823.html
February 14, 2014
DIC (Tokyo) reports a 51.6% rise in net profits for its full fiscal year, ended 31 December 2013, compared with the previous fiscal year, to ¥26.8 billion ($263 million). Full-year...
http://www.chemweek.com/regions/north_asia/japan/DIC-reports-rise-in-profits_58818.html
February 14, 2014
M&A activity in the chemical sector during 2013 was to a large extent driven by shareholder activism and investments by hedge funds, which pushed many chemical companies to...
http://www.chemweek.com/regions/china/Deloitte-Farm-chemicals-health-care-and-biobased-products-to-drive-M-and-A-activity-in-2014_58828.html
February 13, 2014
Showa Denko reports a 3.2% fall in net profits for the full fiscal year, ended 31 December 2013, compared with 2012, to ¥9.06 billion ($89 million). Full-year sales increased...
http://www.chemweek.com/regions/north_asia/japan/Showa-Denkos-chemicals-and-petrochemicals-businesses-report-higher-earnings-sales_58797.html
February 13, 2014
S-Oil (Seoul), a major oil refiner and aromatics producer partly owned by Saudi Aramco, said today that it plans to build a technical service and development center in the Magok...
http://www.chemweek.com/regions/north_asia/korea/S-Oil-builds-petchems-technical-service-and-development-center-at-Seoul_58795.html
February 12, 2014
Air Liquide has completed the commercial start-up of eight large-scale production units around the world, mainly in emerging markets, the company confirmed today. All of the recently...
http://www.chemweek.com/regions/north_asia/taiwan/Air-Liquide-completes-start-up-of-eight-large-scale-production-units_58776.html
February 12, 2014
The active pharmaceutical ingredient (API) business of Aurobindo Pharma (Hyderabad, India) reports a 12.7% rise in sales in the company’s fiscal third quarter, ended 31 December...
http://www.chemweek.com/regions/india_pakistan/Aurobindo-Pharma-reports-rise-in-API-sales_58768.html
February 12, 2014
Agrochemical firm Nufarm (Melbourne) today announced a partial reorganization of its executive management team to better reflect the company’s strategic priorities. Brian Benson...
http://www.chemweek.com/regions/india_pakistan/Nufarm-reorganizes-executive-management-team_58765.html
February 11, 2014
Antioxidants and polymer additives maker Addivant (Middlebury, CT) announced today that it is increasing capacity of phosphate antioxidants at its Pyongtaek, South Korea, facility...
http://www.chemweek.com/regions/north_asia/korea/Addivant-expands-antioxidants-capacity-in-South-Korea_58741.html
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