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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
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 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
October 1, 2014
Nippon Shokubai today confirmed plans to expand superabsorbent polymers (SAP) production capacity at the company’s Himeji, Japan site, in order to meet strong growth in global...
http://www.chemweek.com/regions/north_asia/japan/Nippon-Shokubai-confirms-plan-to-expand-SAP-capacity-at-Himeji_64179.html
September 30, 2014
Ube Industries says that it will dissolve a wholly owned subsidiary by the end of March 2015. The business, established in 1950, is involved in the manufacturing, marketing, and...
http://www.chemweek.com/regions/north_asia/japan/Ube-to-dissolve-subsidiary_64134.html
September 29, 2014
Mitsui & Co. (Tokyo) says it is proceeding with the procurement of eight liquefied natural gas (LNG) ships to be used for the delivery of LNG from the Cameron LNG export project in...
http://www.chemweek.com/regions/north_asia/japan/Mitsui-and-Co-concludes-deal-to-ship-LNG-from-the-US-to-Japan_64126.html
September 29, 2014
Vopak says it has finalized the previously announced acquisition of a 30% stake in Zhangzhou Gulei Haiteng Jetty Investment Management Co. from Xianglu Petrochemical Zhangzhou Co. The...
http://www.chemweek.com/regions/north_asia/Vopak-completes-acquisition-of-China-terminal-stake_64103.html
September 29, 2014
Mitsubishi Chemical Holdings announced today that it plans to commence a tender offer for the industrial gases group Taiyo Nippon Sanso (Tokyo) on 30 September. Mitsubishi announced in...
http://www.chemweek.com/regions/north_asia/japan/Mitsubishi-Chemical-commences-tender-offer-for-Taiyo-Nippon-Sanso_64100.html
September 28, 2014
The Industrial Technology Research Institute of Taiwan (ITRI; Hsinchu) has signed an exclusive license agreement with Taiwan Mitsui Chemicals (Taipei), a wholly-owned subsidiary of...
http://www.chemweek.com/regions/north_asia/japan/ITRI-grants-Mitsui-Chemicals-exclusive-license-for-its-technology-to-enhance-the-safety-of-lithium-ion-battery_64092.html
September 26, 2014
Kuraray says that it has signed a deal with Plantic Technologies (Melbourne) to be its exclusive distributor in the Japanese and South Korean markets for the biobased barrier material...
http://www.chemweek.com/regions/north_asia/japan/Kuraray-and-Australian-firm-Plantic-partner-to-distribute-high-barrier-films-in-Japan-and-South-Korea_64067.html
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