IHS Chemical Week

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February 3, 2012
Mitsubishi Chemical reported a 60% fall in net profits for the fiscal first nine months ended December 31, 2011, compared with the year-ago period, to ¥32 billion ($421 million)...
February 3, 2012
Asahi Kasei and Teijin have reported a decline in profits for the fiscal first nine months ended December 31, 2011. Asahi Kasei has recorded a 4.4% fall in net profits for the nine...
February 2, 2012
Kuraray reported an 13.6% rise in net profits for the fiscal first nine months ended December 31, 2011, compared with the year-ago period, to ¥25.4 billion ($335 million). Sales...
February 2, 2012
Mitsui Chemicals says it will increase the production capacity for hydroquinone by 1,000 m.t./year to 12,500 m.t./year at the company’s site at Iwakuni, Japan. The expansion is...
January 31, 2012
Nippon Shokubai says it has approved Nisshoku Chemical Industry's (NCI; Zhangjiagang, China) investment plan for the expansion of NCI's superabsorbent polymers...
January 30, 2012
ExxonMobil says it will cut its stake in its Japanese affiliate TonenGeneral Sekiyu (Tokyo) from 50.5% to 22% as part of a restructuring of its downstream operations in Japan....
January 27, 2012
Toray Industries and automotive design company Gordon Murray Design (Shalford, U.K.) say they have agreed to enter into a technical partnership. Through the partnership, focused mainly...
January 27, 2012
DIC Corp. (Tokyo) says it has appointed Yoshiyuki Nakanishi to succeed Kazuo Sugie as president and CEO of the company, starting on April 1, 2012. Kazuo Sugie will assume the position...
January 26, 2012
Shin-Etsu Chemical recorded a 14.3% fall in net profits for the fiscal first nine months ended December 31, 2011, compared with the year-ago period, to ¥75.6 billion ($974...
January 20, 2012
Toray Industries says it has decided to purchase the shares it does not own in Toray Tonen Specialty Separator Godo Kaisha (Nasushiobara, Japan), a 50-50 battery separator film joint...
January 18, 2012
Takeda Pharmaceutical (Osaka, Japan) says it plans to reduce its global workforce by 2,800 positions, which includes 2,100 job cuts in Europe and 700 job cuts in the U.S., by the end...
January 18, 2012
Toyo Engineering (Narashino, Japan) says its Toyo Engineering & Construction Sdn. Bhd. (Toyo-Malaysia; Kuala Lumpur) subsidiary has been awarded a contract to build a bioethanol...
January 18, 2012
Mitsubishi Gas Chemical (MGC) says it has established a new subsidiary for the production of electronic materials in the Hemaraj Eastern Seaboard Industrial Estate in Thailand, 110...
January 17, 2012
Mitsui Chemicals says that its Grand Siam Composites (Bangkok) joint venture will increase production capacity for polypropylene (PP) compounds by 18,000 m.t./year at Map Ta Phut...
January 12, 2012
Denki Kagaku Kogyo (Denka) says it will buy Sumitomo Chemical out of their ethylbenzene and styrene production joint venture, Chiba Styrene Monomer. Denka already holds a 60% stake in...
January 12, 2012
Ube Industries says it has established a new subsidiary called Ube Taiwan (Taipei), and the new company will be involved in the market and sales development of Ube products in the...
January 11, 2012
Toray Industries says it has purchased the remaining shares in Société des Fibres de Carbone (Soficar; Abidos, France), a subsidiary engaged in manufacturing and sales of...
January 11, 2012
Asahi Kasei says it has acquired Crystal IS (Green Island, NY), a leading manufacturer of ultraviolet light emitting diodes (UV LEDs) using high-quality aluminum nitride substrates. A...
January 10, 2012
Toray Industries says it will acquire a 20% stake in Mitsui & Co.’s wholly-owned subsidiary MicroBiopharm Japan (MBJ; Tokyo). The two companies signed a share transfer...
January 9, 2012
Spending on earthquake recovery efforts following the March 11 East Japan Great Earthquake should boost Japan’s economy and chemical demand this year. Japan’s GDP is...
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