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January 13, 2015
Mitsui Chemicals announced today that one of its former employees has been found criminally negligent in the 22 April 2012 accident at its Iwakuni-Ohtake resorcinol plant at Waki...
http://www.chemweek.com/regions/north_asia/japan/Former-Mitsui-Chemicals-employee-found-negligent-in-2012-resorcinol-plant-accident_66775.html
January 13, 2015
China has raised the consumption tax on a range of oil-related products, effective today, the Ministry of Finance (Beijing) says. The tax for products such as gasoline, lubricants, and...
http://www.chemweek.com/regions/north_asia/China-hikes-consumption-tax-on-oil-products_66766.html
January 12, 2015
Spot prices for aromatics fell again in Asia today, threatening to dip below the 67–70-month weekly lows recorded last week, as volatile Brent crude futures fell below $49/bbl in...
http://www.chemweek.com/regions/north_asia/taiwan/Asia-aromatics-prices-threaten-to-outstrip-70-month-lows-as-crude-falls-again_66737.html
January 12, 2015
Pucheng Clean Energy Chemical (PCEC) has started up a polyethylene (PE) plant in Shaanxi Province, China, says the plant's contractor, Wison Engineering (Shanghai). The...
http://www.chemweek.com/regions/north_asia/Chinese-firm-start-up-PE-plant_66734.html
January 9, 2015
Nippon Shokubai says that, at the end of 2014, the company stopped manufacturing operations at its production site at Suita, Japan. Nippon Shokubai plans to construct a new R&D...
http://www.chemweek.com/regions/north_asia/japan/Nippon-Shokubai-closes-Suita-plant-to-build-research-facility-at-the-site_66706.html
January 8, 2015
Japan imported 55,827 m.t. of natural rubber in November, 12.9% lower versus 64,075 m.t. in October, The Rubber Trade Association of Japan (RTAJ) says. Oversupply concerns continued to...
http://www.chemweek.com/regions/north_asia/japan/Japan-imports-less-natural-rubber-in-November-synthetic-rubber-imports-mostly-up_66639.html
January 8, 2015
TPOZ's production facility at Zhangjiagang, China. Mitsui & Co. and Kuala Lumpur Kepong (KLK; Ipoh, Malaysia), a company involved in palm plantation and oleochemicals, say that...
http://www.chemweek.com/regions/north_asia/japan/Mitsui-and-Co-to-invest-in-Kuala-Lumpur-Kepongs-oleochemicals-project-in-China_66644.html
January 8, 2015
Mitsubishi Plastics and Mitsubishi Rayon —both subsidiaries of Mitsubishi Chemical Holdings— say that they have agreed to integrate the pitch-based carbon fiber business of...
http://www.chemweek.com/regions/north_asia/japan/Mitsubishi-Plastics-and-Mitsubishi-Rayon-to-integrate-certain-carbon-fiber-businesses_66640.html
January 7, 2015
Idemitsu Kosan (Tokyo) and Showa Shell Sekiyu (Tokyo), two of Japan’s major oil refiners and producers of petrochemicals, are in tie-up discussions, the companies have announced...
http://www.chemweek.com/regions/north_asia/japan/Idemitsu-Kosan-and-Showa-Shell-Sekiyu-in-tie-up-talks_66393.html
January 7, 2015
Formosa Petrochemical Corp. (FPC) plans to shut its No. 1 cracker at Mailiao, Taiwan, over June and July to carry out a scheduled maintenance program, a source close to the company...
http://www.chemweek.com/regions/north_asia/taiwan/Formosa-Petrochemical-plans-mid-2015-turnaround-at-No-1-cracker_66610.html
January 7, 2015
Mitsubishi Gas Chemical (MGC) says that it has started producing Iupizeta EP, a specialty polycarbonate resin, at the company’s manufacturing site at Niigata, Japan. Only...
http://www.chemweek.com/regions/north_asia/japan/Mitsubishi-Gas-Chemical-doubles-specialty-polycarbonate-resin-production-capacity_66608.html
January 6, 2015
Tsutomu Tannowa, president and CEO of Mitsui Chemicals, in a New Year’s message, says that the company is targeting operating profits of ¥60.0 billion ($505.7 million) in...
http://www.chemweek.com/regions/north_asia/japan/Mitsui-Chemicals-targets-operating-profits-of-¥100-billion-in-2020_66576.html
January 6, 2015
Yeochun NCC (YNCC; Seoul) has been feeding 10% liquefied petroleum gas (LPG) into the company's No. 1 naphtha cracker at Yeosu, South Korea, since 1 January, a source close to the...
http://www.chemweek.com/regions/north_asia/korea/Yeochun-NCCs-No-1-cracker-starts-using-10-percent-LPG_66570.html
January 5, 2015
Nippon Shokubai, in a New Year’s message to its employees on 5 January, said that it will make a final decision this year about investments to expand the production capacity of...
http://www.chemweek.com/regions/north_asia/japan/Nippon-Shokubai-to-make-final-decision-on-SAP-expansion_66550.html
December 31, 2014
Asian aromatics prices have lost much of their value in 2014, falling toward the end of December to about half of their levels one year ago, IHS Chemical data show. Prices have fallen...
http://www.chemweek.com/regions/north_asia/taiwan/Aromatics-prices-have-fallen-by-half-in-Asia-during-2014_66509.html
December 30, 2014
Hitoshi Ochi. Mitsubishi Chemical Holdings has named Hitoshi Ochi as president and CEO, effective 1 April 2015. Mitsubishi Chemical Holdings is the parent of Mitsubishi Chemical. Ochi...
http://www.chemweek.com/regions/north_asia/japan/Mitsubishi-Chemical-Holdings-names-next-CEO_66475.html
December 30, 2014
Formosa Petrochemical Corp. (FPC) plans to cut production runs at its three steam crackers at Mailiao, Taiwan, by 10% at the beginning of January, a source close to the company said...
http://www.chemweek.com/regions/north_asia/taiwan/Formosa-Petrochemical-to-cut-cracker-runs-by-10-percent-from-January_66490.html
December 29, 2014
Lotte Chemical (Seoul) plans to shut its Daesan, South Korea, steam cracker between October 2015 and November 2015 for regular maintenance, a source close to the company said today...
http://www.chemweek.com/regions/north_asia/korea/Lotte-Chemical-to-shut-Daesan-cracker-in-October-2015-for-maintenance_66472.html
December 24, 2014
Kuraray has unveiled a medium-term management plan covering the next three years. Kuraray is targeting sales of ¥650 billion ($5.4 billion) and operating profits of ¥90 billion...
http://www.chemweek.com/regions/north_asia/japan/Kuraray-announces-business-plan-to-invest-$1-6-billion-in-three-years_66452.html
December 24, 2014
Nippon Shokubai says that it will establish a new wholly owned subsidiary called Nippon Shokubai Korea at Seongnam, South Korea on 1 April 2015. Nippon Shokubai Korea will mainly be...
http://www.chemweek.com/regions/north_asia/korea/Nippon-Shokubai-to-establish-subsidiary-in-South-Korea_66442.html
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