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October 24, 2014
Songwon Industrial (Ulsan, South Korea) and its distributor United Trading System (UTS; Saint Petersburg, Russia) have signed a long-term cooperation agreement to supply Sibur (Moscow)...
http://www.chemweek.com/regions/north_asia/korea/Songwon-signs-deal-with-Sibur-to-supply-additives-used-to-produce-polymers_64776.html
October 24, 2014
Para-xylene (p-xylene) spot prices have come off significantly in Europe this month as p-xylene spot prices have dropped in Asia on the back of a significant fall in energy markets...
http://www.chemweek.com/regions/north_asia/P-xylene-prices-fall-in-Europe-on-the-back-of-softer-Asian-prices-weaker-energy-markets_64788.html
October 23, 2014
Novozyme (Bagsvaerd, Denmark) reported a 12% increase in net profit during the third quarter, to 637 million Danish krone ($108.6 million) compared with DK568 million in the...
http://www.chemweek.com/regions/north_asia/Novozymes-upgrades-2014-outlook-net-profit-grows-12-percent-in-the-third-quarter_64703.html
October 23, 2014
Japan’s chemical exports rose 3.9%, to ¥633.3 billion in September compared with the same month one year ago, according to data released by the Ministry of Finance (Tokyo)...
http://www.chemweek.com/regions/north_asia/japan/Japans-chemical-exports-up-3-9-percent-in-September_64702.html
October 22, 2014
Teijin says that its Teijin DuPont Films polyester films joint venture with DuPont has developed a polyethylene naphthalate film, Teonex QF, approved for flame retardance. Applications...
http://www.chemweek.com/regions/north_asia/japan/Teijin-DuPont-Films-develops-flame-retardant-polyester-film_64659.html
October 22, 2014
Mitsubishi Chemical Holdings, the parent of Mitsubishi Chemical, has revised its earnings and sales forecasts for the fiscal first half, ended 30 September. Mitsubishi expects to...
http://www.chemweek.com/regions/north_asia/japan/Mitsubishi-Chemical-upgrades-earnings-projections_64664.html
October 21, 2014
OCI (Seoul) said today that it is to sell its entire stake in the OCI-SNF (Seoul) joint venture for 95.7 billion South Korean won ($89.9 million). OCI-SNF produces and markets water...
http://www.chemweek.com/regions/north_asia/korea/OCI-to-sell-stake-in-water-treatment-chemicals-producer-OCI-SNF_64520.html
October 21, 2014
Sumitomo Chemical announced today that it has revised its consolidated financial forecast for the half-year, ending 30 September, compared with what it had announced on 12 May. The...
http://www.chemweek.com/regions/north_asia/japan/Sumitomo-Chemical-upgrades-forecast_64635.html
October 20, 2014
LG Chem (Seoul) today reported a major drop in third-quarter earnings. Net profit plunged 34.2%, to 231.9 billion South Korean won ($218.8 million), the company says in a filing to the...
http://www.chemweek.com/regions/north_asia/korea/LG-Chems-third-quarter-earnings-tumble_64598.html
October 20, 2014
Mitsubishi Chemical plans to restructure its money-losing purified terephthalic acid (PTA) business, according to Yoshimitsu Kobayashi, president and CEO of Mitsubishi Chemical...
http://www.chemweek.com/regions/north_asia/korea/Mitsubishi-Chemical-to-restructure-PTA-business_64596.html
October 17, 2014
Chemtura will increase capacity for its Naugalube alkylated diphenyl amine (ADPA) liquid antioxidants at three sites “to prevent predicted future shortages of antioxidants in the...
http://www.chemweek.com/regions/north_asia/taiwan/Chemtura-to-expand-ADPA-antioxidant-capacity-at-three-sites_64580.html
October 16, 2014
Ube Industries has revised its net profits and sales forecasts for the fiscal first half ended, 30 September 2014, and for the full fiscal year, ending 31 March 2015. Ube expects to...
http://www.chemweek.com/regions/north_asia/japan/Ube-downgrades-net-profits-sales-projections_64549.html
October 15, 2014
A. Schulman says that it has signed an agreement and a strategic partnership with polymer producer Initz (Ulsan, South Korea) to compound and market Initz's Ecotran polyphenylene...
http://www.chemweek.com/regions/north_asia/korea/Schulman-and-Initz-form-alliance-for-PPS-compounds_64514.html
October 9, 2014
Europe's styrene monomer market is facing supply constraints and a potential price spike. Europe's spot styrene prices have risen sharply since an 2 October close of $1,515-1,530/m.t...
http://www.chemweek.com/regions/north_asia/Supply-constraints-tightening-styrene-but-demand-remains-weak_64378.html
October 8, 2014
Active pharmaceutical ingredient (API) manufacturer ScinoPharm (Tainan, Taiwan) tells CW that the changes in the Japanese pharmaceutical market present significant opportunities for...
http://www.chemweek.com/regions/north_asia/taiwan/CPhI-ScinoPharm-looks-to-tap-Japanese-market_64357.html
October 7, 2014
Mitsui Chemicals has established a branch that will serve as the marketing hub for the functional polymeric materials expansion strategy in the South Korean market. The new base brings...
http://www.chemweek.com/regions/north_asia/korea/Mitsui-Chemicals-establishes-marketing-base-in-South-Korea_64310.html
October 2, 2014
Mitsubishi Gas Chemical (MGC; Tokyo) said today that it will quit the purified terephthalic acid (PTA) business at the end of March 2015. MGC and Toyobo are partners in Mizushima...
http://www.chemweek.com/regions/north_asia/japan/Mitsubishi-Gas-Chemical-to-quit-PTA-business-p-xylene-plants-future-questionable_64230.html
October 2, 2014
Zeon (Tokyo) is increasing the price of its Quintone hydrocarbon resins by 5–7%, equivalent to $220/m.t., effective 15 October 2015. The price will rise to about $4,400/m.t., the...
http://www.chemweek.com/regions/north_asia/japan/Zeon-hikes-prices-of-hydrocarbon-resins_64224.html
October 1, 2014
Eleven Japanese energy and engineering firms today established a new company to participate in the exploratory production of methane hydrate, a new and potentially game-changing energy...
http://www.chemweek.com/regions/north_asia/japan/Japanese-firms-form-new-company-to-aid-test-production-of-offshore-methane-hydrate_64196.html
October 1, 2014
Scientex (Shah Alam, Malaysia) will invest more than 300 million Malaysian ringgit ($91.6 billion) over the next three years to expand biaxially oriented polypropylene (BOPP) and...
http://www.chemweek.com/regions/north_asia/japan/Malaysian-Japanese-alliance-eyeing-big-share-of-Asian-packaging-film-market-with-large-investment_64191.html
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