IHS Chemical Week

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August 27, 2015
BASF, SK Chemicals (Seoul) and Solvay are in discussions, which may lead to the construciton of a hydrogen peroxide-to-propylene oxide (HPPO) project at Ulsan, according to...
August 24, 2015
Prompt US benzene spot prices dropped below the $2.00 per gallon ($599/m.t.) market on Monday for the first time in six months, following direction from the decline in the Asian and...
August 24, 2015
The Korea Exchange has asked LG Chem (Seoul), one of Korea’s leading petrochemical companies, to respond to market rumors that it is preparing to bid for Dongbu Farm Hannong...
August 19, 2015
LG Chem says it has completed expanding its acrylic acid and a super absorbent polymer (SAP) plants at Yeosu, South Korea. The company announced the 320-billion South Korean won...
August 18, 2015
South Korea’s export volumes for July significantly increased for styrene and para-xylene (p-xylene), the highest figures to date for 2015, according to data obtained by IHS...
August 14, 2015
Plastic additives producer Songwon Industrial (Ulsan, South Korea) has posted huge increases in profits for the second quarter on higher selling prices and lower feedstock costs. Net...
August 4, 2015
3M and LG Chem have entered into a patent-license agreement to expand further the use of nickel, cobalt, and manganese (NCM) in lithium ion batteries. The balance of power, energy...
July 27, 2015
Toray Industries says that its wholly owned subsidiary Toray Advanced Materials Korea (TAK; Seoul) has completed the previously announced tender offer to acquire additional shares in...
July 27, 2015
Songwon Industrial (Ulsan, South Korea) says that it will increase the prices for its entire range of phenolic antioxidants globally by 5%. The increase is effective for all orders...
July 23, 2015
SK Innovation (Seoul) on Thursday reported a return to profit in the second quarter on better refining margins. Consolidated net income in the period to end of June 2015 reached 587.5...
July 22, 2015
GS Engineering & Construction (Seoul) has signed a contract with Korea Petrochemical Industry Co. (KPIC; Seoul) to expand a naphtha South Korea, the engineering firm says in a...
July 22, 2015
S-Oil (Seoul), a major oil refiner and producer of aromatics, on Wednesday reported an increase in second-quarter earnings. The company, a subsidiary of Saudi Aramco, says  that...
July 20, 2015
Hanwha Chemical (Seoul) has merged its Hanwha Compound and Hanwha Next subsidiaries under the Hanwha Compound business, according to local news reports. The combined entity will...
July 28, 2015
A tight market may prompt US purified terephthalic acid (PTA) consumers to look at Asia as an alternative for para-xylene (PX), according to IHS Chemical. Discussions have emerged this...
July 17, 2015
LG Chem (Seoul) reports a 56% increase in second-quarter net profits compared with the corresponding period of last year, to 352.9 billion South Korean won, on sales down 14%, to...
July 17, 2015
Axens (Paris) has been awarded several contracts for expanding residue conversion facilities at S-Oil’s Ulsan, South Korea, refinery. S-Oil, a subsidiary of Saudi Aramco, is...
July 15, 2015
South Korea’s exports of benzene increased significantly in the first half of 2015 compared with the same timeframe in 2014, according to data obtained by IHS Chemical. Total...
July 14, 2015
Total global semiconductor manufacturing equipment sales are expected to grow by 7.1% year-on-year (YOY) during 2015, to about $40.2 billion, according to figures released today by...
July 9, 2015
Hanwha Chemical (Seoul) has declared force majeure at its 280,000-m.t./year polyvinyl chloride (PVC) facility at Ulsan, South Korea. The plant has been shut down and PVC exports...
July 8, 2015
Linde's electronics and specialty gases arm, which specializes in gases for the electronics market, says that it has built an on-site fluorine plant to supply SK Hynix Semiconductor...
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