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December 16, 2013
GlaxoSmithKline (GSK) today announced an offer to increase its stake in its publicly listed pharmaceutical subsidiary in India, GlaxoSmithKline Pharmaceuticals Ltd., from 50.7% to 75%...
http://www.chemweek.com/regions/india_pakistan/GSK-to-spend-$1-billion-on-raising-stake-in-Indian-subsidiary_57415.html
December 16, 2013
BASF says that it will build a compounding plant at Yesan, Chung Nam Province, South Korea, for its engineering plastics Ultramid and Ultradur. Construction on the plant is expected to...
http://www.chemweek.com/regions/north_asia/korea/BASF-to-build-engineering-plastics-compounding-plant-in-South-Korea_57410.html
December 16, 2013
Sika (Baar, Switzerland) says it has agreed to acquire LCS Optiroc (Singapore), a leading manufacturer of cementitious powder products; and its business operations in Malaysia...
http://www.chemweek.com/regions/southeast_asia/singapore/Sika-to-acquire-manufacturer-of-cementitious-powder-products-in-Singapore-and-Malaysia_57409.html
December 16, 2013
Sinochem (Beijing) has extended its agreement to buy potash from the North American potash cartel Canpotex by one year, Sinochem said on Friday. Canpotex,  owned by PotashCorp...
http://www.chemweek.com/regions/china/Sinochem-extends-potash-supply-contract-with-Canpotex_57411.html
December 13, 2013
Torrent Pharmaceuticals (Mumbai) announced today that it has entered into a definitive binding agreement with Elder Pharmaceuticals (Mumbai) to acquire its branded domestic...
http://www.chemweek.com/regions/india_pakistan/Torrent-Pharma-acquires-Elders-branded-business-consolidating-the-industry_57393.html
December 13, 2013
International Flavors & Fragrances (IFF) said today that it plans to invest more than $50 million in its flavors operations at Jakarta, Indonesia. The investment will include a new...
http://www.chemweek.com/regions/southeast_asia/indonesia/IFF-to-invest-$50-million-in-flavors-operation-in-Indonesia_57390.html
December 13, 2013
Handok (Seoul) announced today that it has agreed to buy the pharmaceuticals business of Korea’s leading cosmetics company Amore Pacific (Seoul). Handok agreed to pay 57.5...
http://www.chemweek.com/regions/north_asia/korea/Handok-buys-Amore-Pacifics-pharmaceuticals-business_57383.html
December 13, 2013
Showa Denko has unveiled its medium-term management plan for the two-year period ending 31 December 2015. This is the second phase of the business plan launched in 2011. The company...
http://www.chemweek.com/regions/north_asia/japan/Showa-Denko-announces-business-plan_57382.html
December 13, 2013
Haldor Topsoe (Lyngby, Denmark) says that its board of directors, on 12 December, approved the capital investment needed to build the previously announced new automotive catalyst plant...
http://www.chemweek.com/regions/china/Haldor-Topsoe-invests-$166-million-in-China-catalyst-plant_57380.html
December 12, 2013
PPG Industries says that its aerospace products and services business has expanded operations in Japan with the relocation of its application support center to a site at Miyoshi that...
http://www.chemweek.com/regions/north_asia/japan/PPG-Aerospace-expands-operations-in-Japan_57299.html
December 12, 2013
BASF announced today that its BASF Catalysts India subsidiary is expanding its mobile emissions catalysts production capacity at Chennai, India. Construction of a new 47,000 sq meter...
http://www.chemweek.com/regions/india_pakistan/BASF-expands-mobile-emissions-catalysts-capacity-in-India_57306.html
December 12, 2013
Shasun Pharmaceuticals (Chennai, India), a leading global supplier of intermediates, active pharma ingredients (APIs) and formulations, announced today that its board of directors has...
http://www.chemweek.com/regions/india_pakistan/Shasun-Pharmaceuticals-to-sell-Vizag-plant_57311.html
December 12, 2013
Technip announced today that it has extended its long-standing agreement with BP in the field of engineering services for purified terephthalic acid (PTA) plants based on BP’s...
http://www.chemweek.com/regions/china/Technip-and-BP-extend-PTA-plant-alliance_57305.html
December 12, 2013
ScinoPharm (Tainan, Taiwan) says that it has completed the construction of a new facility at Changshu, China, and the new site includes a multipurpose active pharmaceutical ingredient...
http://www.chemweek.com/regions/north_asia/taiwan/ScinoPharm-opens-API-plant-in-Changshu-plans-to-expand-site_57300.html
December 11, 2013
PPG Industries says that August Astroth has been appointed general manager and Asia/Pacific leader for the company’s fiber glass business, effective 1 January 2014. Astroth will...
http://www.chemweek.com/regions/china/PPG-appoints-new-head-of-fiber-glass-business-in-Asia_57257.html
December 11, 2013
PTT Global Chemical (PTTGC; Bangkok) today released more information regarding its manufacturing joint verture's heads of agreement (MJV-HOA) with Pertamina, the Indonesian national...
http://www.chemweek.com/regions/southeast_asia/indonesia/Pertamina-and-PTTGC-sign-HOA-for-Indonesian-petchems-JV-Update_57231.html
December 10, 2013
Lignol Innovations Ltd. (LIL; Vancouver, BC), a wholly owned subsidiary of Lignol Energy Corp. (LEC; Vancouver), has signed a nonbinding letter of intent (LOI) with Sichuan Xilin...
http://www.chemweek.com/regions/china/Canadian-firm-signs-deal-to-cooperate-in-Chinas-biorefinery-market_57241.html
December 10, 2013
Celon Laboratories (Hyderabad, India) said on Monday that it has entered into an agreement with Aurobindo Pharma (Hyderabad) to form a joint venture to develop, manufacture, and sell...
http://www.chemweek.com/regions/india_pakistan/Aurobindo-and-Celon-Laboratories-form-generics-JV-to-cater-US-and-Europe_57238.html
December 10, 2013
Huntsman,  throughits wholly owned subsidiary, Huntsman International, will privately offer €200 million ($274.3 million) in aggregate principal amount of senior...
http://www.chemweek.com/regions/china/Huntsman-to-offer-&euro200-million-in-senior-notes_57237.html
December 10, 2013
Vopak (Rotterdam) expects a 2013 Ebitda of about €750 million ($1.03 billion)—within the company's previously communicated Ebitda outlook range of €730–780...
http://www.chemweek.com/regions/southeast_asia/singapore/Vopak-downgrades-2016-Ebitda-outlook-maintains-focus-on-expansion-in-Asia_57234.html
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