IHS Chemical Week

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August 28, 2015
Invista Performance Technologies, Invista’s (Wichita, KS) technology and licensing business,  has obtained the right to license Beijing Huiersanji Green Chem’s (Green Chem; Beijing) fluid catalytic cracking (FCC) offgas technology outside China. Green Chem’s technology has already been licensed to refineries within China....
http://www.chemweek.com/regions/north_asia/Invista-to-market-Chinese-firms-FCC-offgas-technology_73229.html
August 27, 2015
BASF, SK Chemicals (Seoul) and Solvay are in discussions, which may lead to the construciton of a hydrogen peroxide-to-propylene oxide (HPPO) project at Ulsan, according to...
http://www.chemweek.com/regions/north_asia/korea/BASF-Solvay-and-SK-mull-hydrogen-peroxide-propylene-oxide-production-in-South-Korea_73221.html
August 26, 2015
Asahi Kasei says that, on 26 August, it completed the previously announced acquisition of Polypore International (Charlotte, NC). Asahi Kasei had announced in February that it will...
http://www.chemweek.com/regions/north_asia/japan/Asahi-Kasei-completes-acquisition-of-Polypore-after-3M-purchases-Polypores-separations-media-business-for-$1-0-billion_73210.html
August 26, 2015
Privately owned industrial gases group Messer (Bad Soden, Germany) has commissioned a specialty gases plant at Suzhou, China. The company has invested €33 million ($37.9 million)...
http://www.chemweek.com/regions/north_asia/Messer-commissions-specialty-gases-plant-in-China_73173.html
August 26, 2015
DuPont says that it has appointed John Chrosniak as president of its sustainable solutions business effective 1 September. Chrosniak succeeds James Weigand, who has been...
http://www.chemweek.com/regions/north_asia/japan/DuPont-appoints-heads-of-DuPont-Teijin-Films-JV-and-sustainable-solutions-business_73178.html
August 26, 2015
There was a huge drop in benzene import volumes into China during July, data obtained by IHS Chemical show. Taking into account the monthly volumes so far in 2015, ranging from a low...
http://www.chemweek.com/regions/north_asia/China-benzene-imports-plummet_73180.html
August 26, 2015
Sumitomo Chemical says that it has decided to establish a research center at São Paulo. The center will be called Latin America Research Center, and it will focus on efficacy...
http://www.chemweek.com/regions/north_asia/japan/Sumitomo-Chemical-to-establish-R-and-D-center-in-Brazil_73172.html
August 24, 2015
Prompt US benzene spot prices dropped below the $2.00 per gallon ($599/m.t.) market on Monday for the first time in six months, following direction from the decline in the Asian and...
http://www.chemweek.com/regions/north_asia/korea/US-benzene-hits-six-month-low-on-weaker-crude-and-Asian-markets_73139.html
August 24, 2015
The Korea Exchange has asked LG Chem (Seoul), one of Korea’s leading petrochemical companies, to respond to market rumors that it is preparing to bid for Dongbu Farm Hannong...
http://www.chemweek.com/regions/north_asia/korea/LG-Chem-to-diversify-into-agchems_73128.html
August 20, 2015
JSR (Tokyo) reports lower profits in the quarter ended 30 June. Operating income was down 8.9%, to ¥7.4 billion ($59.8 million), while net income declined 7.9%, to ¥4.95...
http://www.chemweek.com/regions/north_asia/japan/JSR-posts-lower-profits-on-deteriorating-synthetic-rubber-demand_73091.html
August 20, 2015
A number of major coastal ports in China have curbed the handling of hazardous chemical cargoes in their port areas, following the explosions at a hazardous chemical warehouse in...
http://www.chemweek.com/regions/north_asia/Hazardous-chemical-restrictions-spread-to-other-Chinese-ports-following-Tianjin-disaster_73098.html
August 19, 2015
LG Chem says it has completed expanding its acrylic acid and a super absorbent polymer (SAP) plants at Yeosu, South Korea. The company announced the 320-billion South Korean won...
http://www.chemweek.com/regions/north_asia/korea/LG-Chem-completes-expansion-of-acrylic-acid-SAP-plants-at-Yeosu_73067.html
August 19, 2015
Ajinomoto (Tokyo), a producer of amino acids, flavors, pharmaceuticals and specialty chemicals, says it has agreed with flavors specialist T. Hasegawa (Tokyo) to form an alliance...
http://www.chemweek.com/regions/north_asia/japan/Ajinomoto-and-T-Hasegawa-form-natural-flavors-alliance_73063.html
August 19, 2015
Chinese authorities have detained 10 senior executives of the company that owned the hazardous chemicals warehouse at Tianjin where massive explosions occurred last week, killing at...
http://www.chemweek.com/regions/north_asia/Tianjin-disaster-Warehouse-executives-detained-facility-had-operated-without-hazardous-goods-license_73052.html
August 18, 2015
South Korea’s export volumes for July significantly increased for styrene and para-xylene (p-xylene), the highest figures to date for 2015, according to data obtained by IHS...
http://www.chemweek.com/regions/north_asia/korea/South-Korea-styrene-p-xylene-exports-at-annual-highs-benzene-exports-decline_73032.html
August 14, 2015
Plastic additives producer Songwon Industrial (Ulsan, South Korea) has posted huge increases in profits for the second quarter on higher selling prices and lower feedstock costs. Net...
http://www.chemweek.com/regions/north_asia/korea/Songwons-profits-surge-on-higher-prices-cheaper-raw-materials_72993.html
August 14, 2015
The impact of this week's surprise devaluation of the Chinese currency, the yuan, varies between companies selling to China or buying from China. For China's petrochemical industry...
http://www.chemweek.com/regions/north_asia/Yuan-devaluation-Chinas-petchem-industry-faces-feedstock-cost-hike-overseas-exporters-braced-for-softer-demand_72995.html
August 11, 2015
Sumitomo Chemical says net profits for its fiscal first quarter, ended 30 June 2015, more than doubled compared with the year-ago period, to ¥33.95 billion ($272 million)...
http://www.chemweek.com/regions/north_asia/japan/Sumitomo-Chemical-reports-higher-profits-flat-sales_72646.html
August 7, 2015
BASF says that it has signed a letter of intent for a distribution deal with Nagase Wahlee Plastics (NWP; Taipei), a specialist in distributing high-performance materials. NWP, under...
http://www.chemweek.com/regions/north_asia/taiwan/BASF-partners-with-Nagase-Wahlee-Plastics-for-distributing-PUs-in-Taiwan_72823.html
August 7, 2015
Toray Industries reports a 78% rise in net profits for the company’s fiscal first quarter, ended 30 June 2015, compared with the year-ago period, to ¥26.2 billion ($210.9...
http://www.chemweek.com/regions/north_asia/japan/Toray-reports-higher-profits-and-sales_72822.html
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