IHS Chemical Week

Archives :: Regions :: North Asia :: Korea

Displaying 1 - 20 of 613 stories.
February 3, 2016
SK Global Chemical, the petrochemical business of SK Innovation (Seoul), reports an operating loss of 46.9 billion South Korean won ($38.5 million) for the fourth quarter of 2015...
January 28, 2016
S-Oil Corp. (Seoul), a leading refiner and aromatics producer majority owned by Saudi Aramco, on Thursday reported a swing to profit in the fourth quarter of last year citing an...
January 26, 2016
Citing improved petrochemical margins amid low oil prices, LG Chem (Seoul) on Tuesday reported fourth-quarter 2015 net profits increased 89%. Net profit reached 207.0 billion South...
January 26, 2016
LG Chem (Seoul) said on Tuesday that it has abandoned plans to enter the polysilicon business and has canceled its project to build a plant. The company announced in 2011 that it...
January 25, 2016
Samsung SDI shareholders on Monday agreed to spin off its chemicals business into a new affiliate tentatively called SDI Chemical. The unit will be sold to Lotte Chemical during the...
January 20, 2016
A fire broke out Wednesday at the No 2 aromatics facility of refining company S-Oil (Seoul), at Onsan, South Korea, press reports say. The fire started at 12:14 pm local time and...
January 19, 2016
Hyundai Chemical (Seoul) will use technology and modular equipment supplied by Honeywell's UOP business to adapt Hyundai's para-xylene (p-xylene) plant at Daesan, South Korea, to also...
January 19, 2016
South Korea exported 630,386 m.t. of para-xylene (p-xylene) in December 2015—a new record high—according to the latest IHS Chemical data.This figure also includes South...
January 19, 2016
Kuwait’s Petrochemical Industries Co. (PIC; Safat) has acquired a 25% stake in SK Advanced (Ulsan), a joint venture which owns a recently completed propane dehydrogenation (PDH)...
January 18, 2016
South Korea's styrene exports to China were consistently high last year, with monthly volumes for the year peaking in December, according to recent data obtained by IHS Chemical...
January 15, 2016
IHS Chemical estimated at the beginning of this year that a record volume of at least 170,000 m.t. of  benzene had been shipped from South Korea to the United States during...
January 12, 2016
LG Chem's board has given final approval for the company's acquisition of Dongbu Farm Hannong (Seoul), South Korea's biggest producer of agricultural chemicals and fertilizers, from...
January 11, 2016
Hyosung (Seoul) is increasing its production capacity for nitrogen trifluoride (NF3) by 3,750 m.t./year, according to local news sources. On 11 September 2015, the company reportedly announced plans to build a 200-billion won ($165.6 million); 2,500 m.t./year NFproduction facility at Quzhou, China, that would begin production during the second half of 2017....
January 8, 2016
The chemical industry in Asia is expected to register higher but modest growth in 2016. China remains the growth driver for the worldwide and Asian chemical industries despite the...
January 8, 2016
Axens has announced that it will expand its sulfur abatement portfolio through the acquisition of adsorbents manufactured by Scutter Enterprises (Chesterfield, MO), after entering into...
January 5, 2016
IHS Chemical estimates that at least 170,000 m.t. of benzene were shipped from South Korea to the United States during December 2015, including 20,000–30,000 m.t. of delayed...
January 25, 2016
South Korea is “encouraging” its petrochemical industry to reduce production capacity voluntarily as part of a broader initiative to restructure industrial production in...
December 29, 2015
Sumitomo Chemical says that it will increase the production capacity for touchscreen panels for organic LED OLED display panels at the site of Dongwoo Fine-Chem (Pyeongtaek, South...
December 16, 2015
Songwon Industrial (Ulsan, South Korea) says that it has appointed chemicals distributor Depotchem  (Bnei Ayish, Israel) as its exclusive distributor for Israel starting 1 January...
December 15, 2015
Benzene exports out of South Korea bounced back in November, according to recent data obtained by IHS Chemical. Total exports from South Korea amounted to 161,781 m.t. compared with...
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