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November 17, 2014
Baring Private Equity Asia (Hong Kong) said today that it has agreed to acquire Bushu Pharmaceuticals (Tokyo), through funds advised by Baring Asia. Bushu is the leading pharmaceutical...
http://www.chemweek.com/regions/north_asia/japan/Baring-Asia-to-acquire-leading-contract-manufacturer-Bushu-Pharmaceuticals-for-$670-million_65472.html
November 17, 2014
Toray Industries says that it has agreed to supply Torayca prepreg for the production of Boeing’s (Chicago) new 777X aircraft. Torayca is Toray’s carbon fiber brand. Toray...
http://www.chemweek.com/regions/north_asia/japan/Toray-in-$8-7-billion-deal-to-supply-carbon-fiber-prepreg-to-Boeing_65466.html
November 14, 2014
DIC (Tokyo) has reported its financial results for the nine-month period ended 30 September. DIC decided last year to change its fiscal year-end from 31 March to 31 December, and, as a...
http://www.chemweek.com/regions/north_asia/japan/DIC-reports-rise-in-profits_65432.html
November 14, 2014
Europe's para-xylene (p-xylene) contract price (ECP) has not yet settled for November despite market chatter about a preliminary agreement. Asia's contract price (ACP) has...
http://www.chemweek.com/regions/north_asia/Europe-p-xylene-November-contract-remains-unsettled_65453.html
November 14, 2014
China will invest $14 billion in Mexico's energy, mining, infrastructure, telecommunications, and tourism sectors after the two countries' governments signed 14 cooperation agreements...
http://www.chemweek.com/regions/north_asia/China-to-invest-$14-billion-in-Mexico-including-$5-billion-in-the-energy-sector_65440.html
November 14, 2014
Songwon Industrial (Ulsan, South Korea) reports a 64.1% fall in net profits for the third quarter of 2014 compared with the year-ago quarter, to 2.97 billion South Korean won ($2.7...
http://www.chemweek.com/regions/north_asia/korea/Songwon-reports-fall-in-profits_65438.html
November 14, 2014
US-President Obama has announced an ambitious 2025 target to cut net US greenhouse gas (GHG) emissions to 26–28% below 2005 levels by 2025. At the same time, President Xi Jinping...
http://www.chemweek.com/regions/north_asia/US-China-agree-on-joint-efforts-on-climate-change-clean-energy_65368.html
November 13, 2014
Japan Polypropylene (JPP; Tokyo), a joint venture between Japan Polychem—a subsidiary of Mitsubishi Chemical—and JNC Corp. (Tokyo), has announced an expansion of...
http://www.chemweek.com/regions/north_asia/Japan-Polypropylene-to-expand-compounding-capacity-in-US-China_65367.html
November 13, 2014
Samsung Total Petrochemicals, a 50-50 joint venture between Samsung and Total, has inaugurated an aromatics expansion at the jv's plant at Daesan, South Korea. The won1.66-trillion...
http://www.chemweek.com/regions/north_asia/korea/Samsung-Total-inaugurates-p-xylene-expansion-in-Korea_65361.html
November 11, 2014
Monsanto, Sumitomo Chemical, and Sumitomo’s wholly owned subsidiary Valent USA (Walnut Creek, CA) have agreed to extend their strategic partnership in Monsanto’s Roundup...
http://www.chemweek.com/regions/north_asia/japan/Sumitomo-Chemical-and-Monsanto-extend-crop-protection-collaboration_65282.html
November 10, 2014
Idemitsu Kosan (Tokyo) restarted its 687,000-m.t./year steam cracker at Tokuyama, Japan, this weekend, according to media reports. The cracker was offline since October following an...
http://www.chemweek.com/regions/north_asia/taiwan/Idemitsu-Kosan-restarts-Tokuyama-cracker_65257.html
November 7, 2014
Japan's ethylene production dropped to 6.1 million m.t. last year from 7.2. million m.t. in 2007, according to a recent report published by the Ministry of Economy, Trade, and Industry...
http://www.chemweek.com/regions/north_asia/japan/Japan-government-seeks-to-align-ethylene-production-with-shrinking-demand_65222.html
November 7, 2014
Tokuyama says that its Shin Dai-ichi Vinyl (Tokyo) joint venture will permanently shut its 80,000-m.t./year polyvinyl chloride (PVC) plant at Chiba, Japan. Tokuyama holds a 71% stake...
http://www.chemweek.com/regions/north_asia/japan/Tokuyama-to-shut-PVC-plant-at-Chiba_65215.html
November 7, 2014
Toyo Engineering announced today that it has been awarded a contract to commercialize an energy-saving distillation system, Superhidic, that was patented in 2011. The contract is for a...
http://www.chemweek.com/regions/north_asia/japan/Toyo-Engineering-to-install-energy-saving-distillation-unit-at-Maruzens-MEK-plant_65212.html
November 6, 2014
Toray Industries reports a 40.5% rise in net profits for the company’s fiscal first half, ended 30 September, compared with the corresponding period of the previous fiscal year...
http://www.chemweek.com/regions/north_asia/japan/Toray-reports-rise-in-profits-and-sales_65168.html
November 6, 2014
Nippon Shokubai says net profits for its fiscal first half, ended 30 September, more than doubled compared with the year-ago period, to ¥7.47 billion ($65 million). First-half...
http://www.chemweek.com/regions/north_asia/japan/Nippon-Shokubai-reports-huge-rise-in-profits_65167.html
November 5, 2014
Teijin reports a net loss of ¥22.3 billion ($196 million) in the fiscal first half, ended 30 September, compared with a net profit of ¥4.57 billion in the year-ago period due...
http://www.chemweek.com/regions/north_asia/japan/Teijin-reports-loss-due-to-restructuring-measures_65133.html
November 5, 2014
Teijin today announced several initiatives to restructure its loss-making businesses. The measures include permanently shutting down a polycarbonate (PC) resin plant in Singapore and...
http://www.chemweek.com/regions/north_asia/japan/Teijin-to-shut-polycarbonate-plant-in-Singapore-exit-dimethyl-terephthalate-business_65130.html
November 5, 2014
Mitsui Chemicals reports more than a sevenfold increase in net profits for its fiscal first half, ended 30 September, compared with the year-ago period, to ¥7.40 billion ($65...
http://www.chemweek.com/regions/north_asia/japan/Mitsui-Chemicals-reports-huge-rise-in-profits_65127.html
November 5, 2014
Asahi Kasei reports a 6.3% rise in net profits for the fiscal first half, ended 30 September, compared with the year-ago period, to ¥49.5 billion ($434 million). First-half sales...
http://www.chemweek.com/regions/north_asia/japan/Asahi-Kasei-reports-rises-in-profits-sales_65124.html
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