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January 22, 2015
Reliance Industries has raised $1 billion for its capital expenditure program through an issue of 4.125% ten-year US dollar-denominated senior unsecured notes, the company announced...
http://www.chemweek.com/regions/india_pakistan/Reliance-Industries-raises-$1-billion-for-capital-expenditure-program_67077.html
January 22, 2015
Sumitomo Chemical and Universal Display Corp. (Ewing, NJ) say that they have signed an organic light emitting diode (OLED) technology license agreement. Universal Display, which was...
http://www.chemweek.com/regions/north_asia/japan/Sumitomo-Chemical-and-Universal-Display-sign-technology-license-agreement-for-OLED-lighting-devices_67068.html
January 21, 2015
Ube Industries said today that it will establish a new R&D facility within the Sakai factory at Sakai City, Osaka Prefecture, Japan, in July 2016. The center will expand the...
http://www.chemweek.com/regions/north_asia/japan/Ube-Industries-to-set-up-new-R-and-D-facility-in-Japan_67039.html
January 21, 2015
Sinopec produced 10.7 million m.t. of ethylene in 2014, up 7.2% from 9.98 million m.t. in 2013, the company announced today. Sinopec's production accounted for 63% of China's overall...
http://www.chemweek.com/regions/china/Sinopecs-ethylene-production-up-7-2-percent-in-2014_67037.html
January 21, 2015
Mitsubishi Chemical and Nichia (Anan, Japan) have signed a cross-licensing agreement for patents of nitride-type red phosphor, which is widely used in white LEDs. The white LEDs...
http://www.chemweek.com/regions/north_asia/japan/Mitsubishi-Chemical-and-Nichia-sign-agreement-for-patent-cross-licensing_67035.html
January 21, 2015
Dow Corning says that it has recently appointed Jeroen Bloemhard as its new president/Greater China. Bloemhard, who brings over 20 years’ professional experience in the silicones...
http://www.chemweek.com/regions/china/Dow-Corning-appoints-new-head-of-China-business_67033.html
January 21, 2015
BASF subsidiary BASF India (Mumbai) reports a net loss of 395.9 million Indian rupees ($6.4 million) in its fiscal third quarter, ended 31 December 2014, compared with a net profit of...
http://www.chemweek.com/regions/india_pakistan/BASF-India-reports-a-loss_67030.html
January 21, 2015
The Directorate General of Safeguards (DGS), which is part of India’s Ministry of Finance (New Delhi), following an investigation, says that it does not recommend a safeguard...
http://www.chemweek.com/regions/india_pakistan/Indian-government-body-recommends-against-safeguard-duty-on-imports-of-flexible-slabstock-polyol_67045.html
January 20, 2015
China produced 1.49 million m.t. of ethylene in December 2014, taking the full-year tally to 17.0 million m.t., the National Bureau of Statistics (NBS; Beijing) announced today. The...
http://www.chemweek.com/regions/china/Chinas-ethylene-production-up-6-4-percent-in-December_66994.html
January 20, 2015
Lotte Chemical Titan (Kuala Lumpur) has issued a buy tender for 3,000–5,000 m.t. of ethylene for second-half February delivery, a source close to the company said today. The...
http://www.chemweek.com/regions/southeast_asia/indonesia/Lotte-Chemical-Titan-seeks-ethylene-for-second-half-February_66990.html
January 19, 2015
Asahi Kasei says that its Asahi Kasei Chemicals (AKC) subsidiary will construct a validation plant at the Mizushima manufacturing complex at Kurashiki, Japan, for its newly developed...
http://www.chemweek.com/regions/north_asia/japan/Asahi-Kasei-to-build-validation-plant-to-produce-diphenyl-carbonate-using-new-process_66960.html
January 19, 2015
UAC Global (Bangkok) plans to establish a subsidiary to take over the assets of Advance Polymers & Chemicals (APC; Bangkok) for about 730.0 million baht ($22.4 million), the...
http://www.chemweek.com/regions/southeast_asia/thailand/UAC-Global-plans-to-acquire-Advance-Polymers-assets_66955.html
January 16, 2015
Reliance Industries says net profits for the company’s fiscal third quarter, ended 31 December 2014, decreased 4.5% compared with the same period of the previous fiscal year, to...
http://www.chemweek.com/regions/india_pakistan/Reliance-Industries-reports-fall-in-profits_66941.html
January 16, 2015
National Fertilizers Ltd. (NFL), Engineers India, and Fertilizer Corporation of India earlier this week signed an agreement to form a joint venture to construct a fertilizer complex...
http://www.chemweek.com/regions/india_pakistan/Indian-firms-form-joint-venture-to-build-fertilizer-complex_66928.html
January 16, 2015
South Korea's benzene exports surged 35% in 2014 versus 2013 as new aromatics plants started operations, Korea Customs Service statistics show. About 1.88 million m.t. was exported...
http://www.chemweek.com/regions/north_asia/korea/South-Koreas-2014-benzene-exports-surged-35-percent-on-plant-start-ups_66925.html
January 16, 2015
Japan's ethylene production totaled 631,200 m.t. in December 2014, up 1.5% from 622,000 m.t. in the previous December, according to figures released by the Ministry of Economy, Trade...
http://www.chemweek.com/regions/north_asia/japan/Japans-ethylene-production-up-1-5-percent-in-December_66923.html
January 16, 2015
Lotte Chemical (Seoul) plans to shut its Daesan, South Korea, butadiene extraction unit for seven days in late January because of a technical hitch, a source close to the company said...
http://www.chemweek.com/regions/north_asia/korea/Lotte-Chemical-to-shut-Daesan-butadiene-unit-late-this-month-for-repairs_66920.html
January 16, 2015
Ube Industries announced today that it has bought a majority stake in Advanced Electrolyte Technologies (AET; Midland, MI) and intends to raise its stake further by end of March. AET...
http://www.chemweek.com/regions/china/Ube-Industries-buys-Dow-out-of-electrolytes-joint-venture_66919.html
January 16, 2015
Higher production, fewer turnarounds, and a plant restart enabled South Korea to export 1.42 million m.t. of styrene to China in 2014, a 22% spike from 1.16 million m.t. in 2013, Korea...
http://www.chemweek.com/regions/china/South-Koreas-styrene-exports-to-China-jumped-in-2014-on-higher-operating-rates-fewer-turnarounds_66917.html
January 16, 2015
Siam Cement Group (SCG; Bangkok) says that it has reached an agreement with tire manufacturer Michelin (Clermont-Ferrand, France) to divest SCG’s 10% stake in Michelin Siam Group...
http://www.chemweek.com/regions/southeast_asia/thailand/Siam-Cement-divests-stake-in-tire-manufacturing-JV_66915.html
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