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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
May 12, 2015
Asahi Kasei reports a 4.3% rise in net profits for its fiscal year, ended 31 March 2015, compared with the previous fiscal year, to ¥105.6 billion ($880.1 million). Full-year sales...
http://www.chemweek.com/regions/north_asia/japan/Asahi-Kasei-posts-higher-earnings_70322.html
May 12, 2015
Mitsui Chemicals reports net profits of ¥17.3 billion ($144.0 million) for its fiscal year, ended 31 March 2015, compared with a net loss of ¥25.1 billion in the previous...
http://www.chemweek.com/regions/north_asia/japan/Mitsui-Chemicals-swings-to-profit_70319.html
May 12, 2015
Sinopec Yangzi Petrochemical says that it is carrying out urgent repairs on its ethylene oxide (EO) and ethylene glycol (EG) production units at Nanjing, China. The company was...
http://www.chemweek.com/regions/north_asia/Sinopec-Yangzi-carries-out-emergency-repairs-to-EO-EG-units-aims-for-early-restart_70316.html
May 11, 2015
Showa Denko reports nearly an eightfold increase in net profits for the first quarter of 2015 compared with the year ago quarter, to ¥7.52 billion ($62.7 million). First-quarter...
http://www.chemweek.com/regions/north_asia/japan/Showa-Denkos-chemicals-petrochemicals-businesses-report-mixed-results_70297.html
May 11, 2015
Nippon Shokubai has confirmed plans to expand superabsorbent polymer (SAP) production at the company’s site at Zwijndrecht, Belgium. SAP capacity at the site will be increased by...
http://www.chemweek.com/regions/north_asia/japan/Nippon-Shokubai-to-invest-&euro350-million-to-expand-SAP-and-acrylic-acid-capacity-in-Belgium_70287.html
May 11, 2015
A meeting between Alexander Lukashenko, president of Belarus; and Chinese president Xi Jinping in Minsk yesterday resulted in agreements extending loans worth $1 billion to banks in...
http://www.chemweek.com/regions/north_asia/Belarus-China-agree-on-loans-potash-deliveries_70283.html
May 11, 2015
Tosoh's net profits for the company's fiscal year ended 31 March more than doubled compared with the previous fiscal year, to ¥62.3 billion ($519.2 million). Full-year sales...
http://www.chemweek.com/regions/north_asia/japan/Tosoh-reports-huge-rise-in-profits_70282.html
May 11, 2015
The Biotechnology Industry Organization (BIO; Washington) has announced that Jennifer Holmgren, CEO, LanzaTech (Chicago), is to be the recipient of the 2015 BIO Rosalind Franklin...
http://www.chemweek.com/regions/north_asia/taiwan/LanzaTechs-Holgrem-to-receive-BIO-Rosalind-Franklin-Award_70296.html
May 11, 2015
Lotte Chemical (Seoul), South Korea’s third largest petchems producer trailing Hanwha Chemical and LG Chem, says its Louisiana joint venture cracker project with Axiall is...
http://www.chemweek.com/regions/north_asia/korea/Exclusive-Lotte-Chemical-details-US-other-petchem-investments_70291.html
May 11, 2015
IHS Chemical analysts said on Friday that although Asian mixed-xylenes (MX) prices are not high enough to open the arbitrage on paper, an import fixture of at least 5,000 m.t. was...
http://www.chemweek.com/regions/north_asia/korea/AsiaUS-mixed-xylenes-arbitrage-closed-despite-recent-fixtures_70263.html
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