IHS Chemical Week

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March 4, 2015
Celanese has raised its acetic acid prices in China and the rest of Asia, effective 3 March, the company says. Celanese cites a "recent rapid increase and continued volatility in...
http://www.chemweek.com/regions/china/Celanese-raises-acetic-acid-prices-in-China-and-rest-of-Asia_68291.html
March 3, 2015
India’s finance minister Arun Jaitley presented the general budget for the fiscal year 2015-16 on 28 February, and one of the measures announced was the plan to reduce the rate...
http://www.chemweek.com/regions/india_pakistan/Tata-Chemicals-Lower-corporate-tax-will-boost-investment_68268.html
March 3, 2015
Asahi Kasei says that its board of directors today decided to absorb three wholly owned subsidiaries — Asahi Kasei Chemicals (AKC), Asahi Kasei Fibers (AKF), and Asahi Kasei...
http://www.chemweek.com/regions/north_asia/japan/Asahi-Kasei-to-absorb-chemicals-fibers-and-electronic-materials-subsidiaries_68261.html
March 2, 2015
The European Commission has outlined Europe’s vision for the global climate change agreement to be adopted at the climate summit to be held in Paris in December. The commission...
http://www.chemweek.com/regions/china/European-Commission-sets-out-blueprint-for-tackling-climate-change-post-2020_68228.html
March 2, 2015
India plans to reduce customs duties on a range of petrochemical products and feedstocks, such as styrene monomer and naphtha, when its fiscal year 2015-16 begins on 1 April, the...
http://www.chemweek.com/regions/india_pakistan/India-to-cut-customs-duties-on-products-including-styrene-naphtha_68220.html
March 2, 2015
China was the leading destination for benzene exports from South Korea for a second straight month in February, data obtained by IHS Chemical show. More than 98,000 m.t. of...
http://www.chemweek.com/regions/china/China-retains-top-spot-for-benzene-exports-from-Korea_68213.html
March 2, 2015
AkzoNobel says that it has recently broken ground on a new alkoxylation facility at Ningbo, China, bringing the company’s total investment in the Ningbo multi-site to more than...
http://www.chemweek.com/regions/china/AkzoNobel-builds-alkoxylation-facility-at-Ningbo_68223.html
March 2, 2015
Orica (Melbourne) says that it has completed the previously announced sale of the company’s chemicals business to funds advised by private equity firm Blackstone (New York), for...
http://www.chemweek.com/regions/india_pakistan/Orica-completes-sale-of-chemicals-business-to-Blackstone_68216.html
February 27, 2015
Sumitomo Chemical says that it will integrate its environmental health and vector control businesses into a reorganized environmental health division, effective 1 April...
http://www.chemweek.com/regions/north_asia/japan/Sumitomo-Chemical-to-integrate-environmental-health-and-vector-control-businesses_68180.html
February 26, 2015
Singapore’s chemicals cluster output slipped 0.5% YOY in January, the country's Economic Development Board (EDB) said today. However, the country’s overall manufacturing...
http://www.chemweek.com/regions/southeast_asia/singapore/Singapores-chemicals-output-slips-on-lower-petchems-production_68109.html
February 26, 2015
Axiall reiterated on 25 February its recent decision to delay construction of an ethane cracker in Louisiana until after the first quarter because of uncertainty in energy markets. On...
http://www.chemweek.com/regions/north_asia/korea/Axiall-Lotte-delay-decision-on-Louisiana-cracker-project_68095.html
February 26, 2015
Asian market sources have confirmed that a price premium that spot benzene cargoes in Asia currently command over their US counterparts has resulted in a rare reverse arbitrage opening...
http://www.chemweek.com/regions/china/Asian-traders-confirm-US-to-China-arbitrage-for-benzene-amid-wide-spot-price-gap_68106.html
February 26, 2015
Mitsubishi Gas Chemical (MGC) says that it will increase its stake in foamed plastics firm JSP Corp. (Tokyo) from 42% to about 51%, through a tender offer. JSP, which was established...
http://www.chemweek.com/regions/north_asia/japan/Mitsubishi-Gas-Chemical-to-increase-stake-in-foamed-plastics-firm-JSP_68114.html
February 26, 2015
Mitsui Chemicals has announced an organizational restructuring, which will become effective on 1 April. The company’s fine & performance chemicals division within the...
http://www.chemweek.com/regions/north_asia/japan/Mitsui-Chemicals-restructures-business-segments_68108.html
February 25, 2015
A rarely seen arbitrage between Europe and Asia for benzene has opened and reportedly been worked as Europe still struggles to deal with length in its domestic system heading into...
http://www.chemweek.com/regions/china/Rare-Europe-to-Asia-arbitrage-opens-as-Europes-benzene-market-lengthens_68075.html
February 25, 2015
Mitsubishi Rayon says that its polyacrylonitrile-based intermediate carbon fiber has been selected for use in the fan section components of PW1100G-JM, a jet engine for the new Airbus...
http://www.chemweek.com/regions/north_asia/japan/Mitsubishi-Rayons-carbon-fiber-to-be-used-in-Airbus-aircraft-engine_68069.html
February 25, 2015
DIC (Tokyo) says that it will establish a polymer technical center in Thailand. The facility, Polymer Technical Center—Asia Pacific, will be located within the production site of...
http://www.chemweek.com/regions/southeast_asia/thailand/DIC-to-establish-polymer-technical-center-in-Thailand_68068.html
February 24, 2015
Astomos Energy (Tokyo) will buy up to 800,000 m.t. of shale-derived liquefied petroleum gas (LPG) from Targa Resources (Houston) spread over three years from the second half...
http://www.chemweek.com/regions/north_asia/japan/Japanese-firm-to-buy-800000-m-t-of-LPG-from-Targa-over-2017-20_68032.html
February 24, 2015
BASF and Toda Kogyo (Hiroshima, Japan), a leading developer and manufacturer of cathode materials for lithium-ion (Li-ion) batteries, today established their previously announced joint...
http://www.chemweek.com/regions/north_asia/japan/BASF-and-Toda-Kogyo-launch-JV-for-cathode-active-materials-in-Japan_68031.html
February 24, 2015
Japan's benzene, toluene, and xylene (BTX) production in January was mostly lower on monthly and annual bases, data from the Japan Petrochemical Industry Association (JPCA; Tokyo)...
http://www.chemweek.com/regions/north_asia/japan/Japans-January-BTX-output-mostly-down-on-monthly-annual-bases_68021.html
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