IHS Chemical Week

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May 22, 2015
Toray Industries says that its wholly owned subsidiary Toray Advanced Materials Korea (TAK; Seoul) has launched another tender offer to acquire the remaining shares in Toray Chemical...
http://www.chemweek.com/regions/north_asia/korea/Toray-to-acquire-remaining-shares-in-former-Woongjin-Chemical-for-$112-million_70622.html
May 21, 2015
Japan’s production of benzene, toluene, and xylenes fell in April by 10%, 4%, and 2%, respectively, from March, the Japan Petrochemical Industry Association (JPCA) announced...
http://www.chemweek.com/regions/north_asia/japan/Japans-April-production-of-aromatics-falls-from-March_70550.html
May 20, 2015
Daelim Industrial (Seoul) and Daewoo Engineering & Construction (Seoul) announced on Wednesday that they have won a 3.5 trillion South Korean won ($3.2 billion) order to build a...
http://www.chemweek.com/regions/north_asia/korea/Daelim-and-Daewoo-win-major-petrochemicals-plant-order-from-S-Oil_70513.html
May 19, 2015
Sumitomo Seika Chemicals (Osaka) reports a 2% fall in net profits for the fiscal year, ended 31 March 2015, compared with the previous fiscal year, to ¥5.54 billion ($46.2...
http://www.chemweek.com/regions/north_asia/japan/Sumitomo-Seika-Chemicals-reports-fall-in-profits_70486.html
May 18, 2015
Hanwha Chemical (Seoul), at end of April  closed the acquisition of two petrochemical companies, Samsung Total Petrochemicals and Samsung General Chemicals. The two companies, now...
http://www.chemweek.com/regions/north_asia/korea/Hanwha-Chemical-becomes-Koreas-top-petchems-group-and-among-world-leaders_70151.html
May 15, 2015
Benzene–styrene price spreads have widened $215–$225/m.t. week on week in Asia as spot prices for each product headed in opposite directions, IHS Chemical data show. For...
http://www.chemweek.com/regions/north_asia/korea/Asia-styrene-benzene-price-spreads-widen-by-more-than-$200-in-one-week_70429.html
May 15, 2015
South Korea’s April exports of benzene and mixed xylenes showed month-on-month increases while falls were seen in shipments of para-xylene (p-xylene), styrene, and toluene...
http://www.chemweek.com/regions/north_asia/korea/South-Koreas-April-exports-of-benzene-mixed-xylenes-post-16-19-percent-on-month-rise_70424.html
May 15, 2015
Songwon Industrial (Ulsan, South Korea) reports a net profit of 3.06 billion South Korean won ($2.8 million) in the first quarter of 2015 compared with a net loss of won4.89 billion in...
http://www.chemweek.com/regions/north_asia/korea/Songwon-swings-to-profit_70431.html
May 15, 2015
DIC (Tokyo) reports a 65.1% rise in net profits for its fiscal first quarter ended 31 March 2015, compared with the year-ago quarter, to ¥8.48 billion ($71 million). First-quarter...
http://www.chemweek.com/regions/north_asia/japan/DIC-reports-huge-rise-in-earnings_70428.html
May 14, 2015
Styrene spot prices have spiked in Asia for a second day running today, over news of unexpected outages at styrene plants in the Mideast and lower styrene inventory in China, despite...
http://www.chemweek.com/regions/north_asia/korea/Styrene-spot-prices-spike-in-Asia-on-plant-outages-in-Mideast_70401.html
May 14, 2015
Yeochun NCC (YNCC; Seoul) shut its No. 1 naphtha cracker at Yeocheon, South Korea today for 30–40 days of planned maintenance, a source close to the company says. YNCC yesterday...
http://www.chemweek.com/regions/north_asia/korea/Yeochun-NCC-shuts-No-1-cracker-for-planned-maintenance_70399.html
May 14, 2015
Celanese will raise offers for vinyl acetate monomer (VAM) in China, Europe, and the Mideast on 1 June, the company says. Asian prices will go up $30/m.t., and European and Mideast...
http://www.chemweek.com/regions/north_asia/Celanese-to-raise-VAM-prices-in-China-Europe-Mideast_70394.html
May 14, 2015
Ube Industries said on Thursday that it has succeeded in synthesizing the world's first high-dispersion strontium carbonate nano particles for optical applications. Retardation films...
http://www.chemweek.com/regions/north_asia/japan/Ube-develops-high-dispersion-strontium-carbonate-nano-particles_70397.html
May 13, 2015
Spot benzene prices sank in Asia today, putting benzene at a discount to toluene spot price levels, IHS Chemical data show. Spot activity took off as a deal for a toluene parcel...
http://www.chemweek.com/regions/north_asia/korea/Asia-spot-benzene-prices-fall-and-trade-at-discount-to-toluene_70369.html
May 13, 2015
Overall styrene inventories at eastern China’s ports sank to about 64,000 m.t. this week, a 29% slide from about 90,000 m.t. last week, data obtained by IHS Chemical show. The...
http://www.chemweek.com/regions/north_asia/Styrene-stocks-fall-in-eastern-China_70366.html
May 13, 2015
Mitsubishi Chemical Holdings, the parent of Mitsubishi Chemical, says its net profits increased by 88.7% in the full fiscal year, ended 31 March 2015, compared with the previous fiscal...
http://www.chemweek.com/regions/north_asia/japan/Mitsubishi-Chemical-reports-huge-rise-in-profits_70368.html
May 13, 2015
Kuraray reports a 29.8% rise in net profits for the first quarter of 2015 compared with the year-ago quarter, to ¥11.54 billion ($96.3 million). First-quarter sales increased...
http://www.chemweek.com/regions/north_asia/japan/Kuraray-reports-rises-in-profits-and-sales_70365.html
May 13, 2015
South Korea’s benzene exports during the first half of May totaled only about 28% of overall shipments for April, data obtained by IHS Chemical shows. Close to 78,000...
http://www.chemweek.com/regions/north_asia/korea/South-Koreas-benzene-exports-during-first-half-May-hit-28-percent-of-Aprils-total_70358.html
May 12, 2015
Sumitomo Chemical reports a 41% rise in net profits for its fiscal year, ended 31 March 2015, compared with the previous fiscal year, to ¥52.2 billion ($435.7 million). Full-year...
http://www.chemweek.com/regions/north_asia/japan/Sumitomo-Chemical-reports-rise-in-profits_70329.html
May 12, 2015
Ube Industries reports a 16% rise in net profits for its fiscal year, ended 31 March 2015, compared with the previous fiscal year, to ¥14.6 billion ($121.8 million). Full-year...
http://www.chemweek.com/regions/north_asia/japan/Ube-reports-rise-in-profits_70324.html
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