IHS Chemical Week

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February 12, 2015
Daelim's petrochemical production site at Yeosu, South Korea. Daelim Industrial (Seoul) says that its petrochemical division plans to expand production capacity at its highly reactive...
http://www.chemweek.com/regions/north_asia/korea/Daelim-to-expand-polybutene-capacity-at-Yeosu_67743.html
February 12, 2015
Yeochun NCC (YNCC; Seoul) has scheduled maintenance shutdown programs for several of its petrochemical plants at its Yeosu, South Korea, complex between 14 May and 14 June, a source...
http://www.chemweek.com/regions/north_asia/korea/Yeochun-NCC-to-shut-several-plants-for-maintenance_67741.html
February 9, 2015
S-Oil (Seoul) will supply diesel and naphtha to a Saudi Aramco subsidiary, in return for para-xylene (p-xylene) and light naphtha under a billion-dollar contract, S-Oil announced...
http://www.chemweek.com/regions/north_asia/korea/S-Oil-signs-billion-dollar-refined-products-p-xylene-supply-deal-with-Saudi-Aramco_67633.html
February 5, 2015
Aromatics prices fell $15-55/m.t. in Asia today, erasing most of the week's gains as regional market sentiment turned bearish following a slump in overnight crude oil futures. The...
http://www.chemweek.com/regions/north_asia/korea/Asia-aromatics-prices-lose-most-of-weeks-gains-today-on-crude-slump_67521.html
February 5, 2015
SK Global Chemical, the petrochemical business of SK Innovation (Seoul), formerly SK Energy, reports a 50.4% fall in operating profits for the fourth quarter of 2014 compared with the...
http://www.chemweek.com/regions/north_asia/korea/SK-Global-Chemical-reports-fall-in-operating-profits_67522.html
February 4, 2015
Showa Denko says that it has completed constructing the previously announced joint venture facility near Seoul for the production of high-purity nitrous oxide (N2O), a specialty...
http://www.chemweek.com/regions/north_asia/korea/Showa-Denko-opens-high-purity-nitrous-oxide-plant-in-South-Korea_67472.html
February 3, 2015
Spot aromatics prices spiked $30–70/m.t. today as market sentiment rode firmer energy markets. The March Brent crude contract rose yesterday by $1.76, to $54.75/bbl, on the ICE...
http://www.chemweek.com/regions/north_asia/korea/Asia-aromatics-prices-spike-as-crude-futures-soar_67437.html
January 30, 2015
S-Oil, South Korea's major oil refiner and producer of para-xylene (p-xylene) majority owned by Saudi Aramco, today reported a bigger net loss in the fourth quarter on the back of a...
http://www.chemweek.com/regions/north_asia/korea/S-Oils-losses-widen-on-steep-fall-in-oil-prices_67357.html
January 30, 2015
Arkema says that its previously announced thiochemicals platform at Kerteh, Malaysia, came onstream at the beginning of 2015. The thiochemicals site produces methyl mercaptan for use...
http://www.chemweek.com/regions/north_asia/korea/Arkema-starts-up-thiochemicals-plant-in-Malaysia_67350.html
January 28, 2015
Songwon Industrial (Ulsan, South Korea) says that it has entered into a long-term, exclusive agreement with Kumho Petrochemical (Seoul) for cooperation in sales, marketing and...
http://www.chemweek.com/regions/north_asia/korea/Kumho-and-Songwon-form-marketing-alliance_67257.html
January 27, 2015
Toray Industries says that it will expand the production capacity for low-melt polyester staple fiber at the Gumi, South Korea, production site of Toray Chemical Korea. The...
http://www.chemweek.com/regions/north_asia/korea/Toray-to-expand-polyester-staple-fiber-production-in-South-Korea_67235.html
January 27, 2015
Lotte Chemical (Seoul) restarted its butadiene extraction unit at Daesan, South Korea, today, after completing repairs, a source close to the company says. The 150,000-m.t./year...
http://www.chemweek.com/regions/north_asia/korea/Lotte-restarts-butadiene-unit_67228.html
January 26, 2015
LG Chem reports net profits declined 38% in the fourth quarter of 2014 compared with the year-ago period, to 109.4 billion South Korean won ($101.0 million). Fourth-quarter...
http://www.chemweek.com/regions/north_asia/korea/LG-Chem-reports-falls-in-profits-sales_67200.html
January 26, 2015
Kumho Petrochemical (Seoul) plans to review the reduced production rates of its synthetic rubber plants at Yeosu and Ulsan, South Korea, over February, a source close to the...
http://www.chemweek.com/regions/north_asia/korea/Kumho-to-review-synthetic-rubber-production-rates-in-February_67195.html
January 23, 2015
South Korea's benzene exports to China have increased in January on month-on-month and year-on-year (YOY) bases, data obtained by IHS Chemical show. Volatile crude oil futures have put...
http://www.chemweek.com/regions/north_asia/korea/South-Koreas-benzene-exports-to-China-rise-amid-crude-volatility_67165.html
January 22, 2015
Kumho Petrochemical (Seoul) plans to shut its synthetic rubber plants at Yeosu and Ulsan, South Korea in October for annual maintenance, a source close to the company said today. The...
http://www.chemweek.com/regions/north_asia/korea/Kumho-Petrochemical-plans-to-shut-rubber-units-in-October-for-maintenance_67069.html
January 16, 2015
South Korea's benzene exports surged 35% in 2014 versus 2013 as new aromatics plants started operations, Korea Customs Service statistics show. About 1.88 million m.t. was exported...
http://www.chemweek.com/regions/north_asia/korea/South-Koreas-2014-benzene-exports-surged-35-percent-on-plant-start-ups_66925.html
January 16, 2015
Lotte Chemical (Seoul) plans to shut its Daesan, South Korea, butadiene extraction unit for seven days in late January because of a technical hitch, a source close to the company said...
http://www.chemweek.com/regions/north_asia/korea/Lotte-Chemical-to-shut-Daesan-butadiene-unit-late-this-month-for-repairs_66920.html
January 16, 2015
Higher production, fewer turnarounds, and a plant restart enabled South Korea to export 1.42 million m.t. of styrene to China in 2014, a 22% spike from 1.16 million m.t. in 2013, Korea...
http://www.chemweek.com/regions/north_asia/korea/South-Koreas-styrene-exports-to-China-jumped-in-2014-on-higher-operating-rates-fewer-turnarounds_66917.html
January 15, 2015
The ongoing failure of Asia's monthly para-xylene (p-xylene) contract price mechanism to reach a settlement is creating frustration in Europe, which has historically relied on Asia to...
http://www.chemweek.com/regions/north_asia/korea/Delays-to-Asia-p-xylene-contract-settlements-cause-frustration-in-Europe_66860.html
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