IHS Chemical Week

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May 29, 2015
Styrene-benzene price spreads have shrunk in Asia for a second straight week over styrene market concerns about the health of the futures market and softer domestic prices in China...
http://www.chemweek.com/regions/north_asia/korea/Asia-styrene-benzene-price-spread-shrinks-for-second-week-running_70823.html
May 28, 2015
South Korea’s benzene exports to China for most of May have fallen by almost a half from the whole of April, data obtained by IHS Chemical show. About 54,000 m.t. were...
http://www.chemweek.com/regions/north_asia/korea/South-Koreas-benzene-exports-to-China-fall-in-May_70740.html
May 28, 2015
Merck KGaA on Thursday held an inauguration ceremony for its €7 million ($7.7 million) OLED application center at Poseung, South Korea. The ceremony was attended by Merck’s...
http://www.chemweek.com/regions/north_asia/korea/Merck-KGaA-inaugurates-OLED-application-center-in-South-Korea_70739.html
May 22, 2015
Toray Industries says that its wholly owned subsidiary Toray Advanced Materials Korea (TAK; Seoul) has launched another tender offer to acquire the remaining shares in Toray Chemical...
http://www.chemweek.com/regions/north_asia/korea/Toray-to-acquire-remaining-shares-in-former-Woongjin-Chemical-for-$112-million_70622.html
May 20, 2015
Daelim Industrial (Seoul) and Daewoo Engineering & Construction (Seoul) announced on Wednesday that they have won a 3.5 trillion South Korean won ($3.2 billion) order to build a...
http://www.chemweek.com/regions/north_asia/korea/Daelim-and-Daewoo-win-major-petrochemicals-plant-order-from-S-Oil_70513.html
May 18, 2015
Hanwha Chemical (Seoul), at end of April  closed the acquisition of two petrochemical companies, Samsung Total Petrochemicals and Samsung General Chemicals. The two companies, now...
http://www.chemweek.com/regions/north_asia/korea/Hanwha-Chemical-becomes-Koreas-top-petchems-group-and-among-world-leaders_70151.html
May 15, 2015
Benzene–styrene price spreads have widened $215–$225/m.t. week on week in Asia as spot prices for each product headed in opposite directions, IHS Chemical data show. For...
http://www.chemweek.com/regions/north_asia/korea/Asia-styrene-benzene-price-spreads-widen-by-more-than-$200-in-one-week_70429.html
May 15, 2015
South Korea’s April exports of benzene and mixed xylenes showed month-on-month increases while falls were seen in shipments of para-xylene (p-xylene), styrene, and toluene...
http://www.chemweek.com/regions/north_asia/korea/South-Koreas-April-exports-of-benzene-mixed-xylenes-post-16-19-percent-on-month-rise_70424.html
May 15, 2015
Songwon Industrial (Ulsan, South Korea) reports a net profit of 3.06 billion South Korean won ($2.8 million) in the first quarter of 2015 compared with a net loss of won4.89 billion in...
http://www.chemweek.com/regions/north_asia/korea/Songwon-swings-to-profit_70431.html
May 14, 2015
Styrene spot prices have spiked in Asia for a second day running today, over news of unexpected outages at styrene plants in the Mideast and lower styrene inventory in China, despite...
http://www.chemweek.com/regions/north_asia/korea/Styrene-spot-prices-spike-in-Asia-on-plant-outages-in-Mideast_70401.html
May 14, 2015
Yeochun NCC (YNCC; Seoul) shut its No. 1 naphtha cracker at Yeocheon, South Korea today for 30–40 days of planned maintenance, a source close to the company says. YNCC yesterday...
http://www.chemweek.com/regions/north_asia/korea/Yeochun-NCC-shuts-No-1-cracker-for-planned-maintenance_70399.html
May 13, 2015
Spot benzene prices sank in Asia today, putting benzene at a discount to toluene spot price levels, IHS Chemical data show. Spot activity took off as a deal for a toluene parcel...
http://www.chemweek.com/regions/north_asia/korea/Asia-spot-benzene-prices-fall-and-trade-at-discount-to-toluene_70369.html
May 13, 2015
South Korea’s benzene exports during the first half of May totaled only about 28% of overall shipments for April, data obtained by IHS Chemical shows. Close to 78,000...
http://www.chemweek.com/regions/north_asia/korea/South-Koreas-benzene-exports-during-first-half-May-hit-28-percent-of-Aprils-total_70358.html
May 11, 2015
IHS Chemical analysts said on Friday that although Asian mixed-xylenes (MX) prices are not high enough to open the arbitrage on paper, an import fixture of at least 5,000 m.t. was...
http://www.chemweek.com/regions/north_asia/korea/AsiaUS-mixed-xylenes-arbitrage-closed-despite-recent-fixtures_70263.html
May 11, 2015
Lotte Chemical (Seoul), South Korea’s third largest petchems producer trailing Hanwha Chemical and LG Chem, says its Louisiana joint venture cracker project with Axiall is...
http://www.chemweek.com/regions/north_asia/korea/Exclusive-Lotte-Chemical-details-US-other-petchem-investments_70291.html
May 7, 2015
Delegates at this year’s APIC conference, under way in Seoul, on Friday heard speakers call for changes to accommodate current developments in the sector. Soo-Young Huh, chairman...
http://www.chemweek.com/regions/north_asia/korea/APIC-2015-Asian-petrochemical-industry-should-turn-threats-into-opportunities_70239.html
May 4, 2015
AkzoNobel said today that it has finalized the €153-million ($170.4 million) divestment of its global paper chemicals business to Kemira. The deal was first announced in July...
http://www.chemweek.com/regions/north_asia/korea/AkzoNobel-completes-divesting-paper-chemicals-business-to-Kemira_70053.html
April 30, 2015
DuPont and textile company Kolon Industries (Gyeonggi-Do, South Korea) today reached an agreement settling a legal dispute over Kolon’s alleged infringement of DuPont’s...
http://www.chemweek.com/regions/north_asia/korea/DuPont-Kolon-settle-Kevlar-trade-secrets-case_70001.html
April 30, 2015
Samsung General Chemicals and Samsung Total Petrochemicals were today renamed Hanwha General Chemicals and Hanwha Total Petrochemicals, respectively. The move follows the 1.6-trillion...
http://www.chemweek.com/regions/north_asia/korea/Samsung-General-Chemicals-and-Samsung-Total-renamed_69971.html
April 30, 2015
SK Global Chemical, the petrochemical business of SK Innovation (Seoul), formerly SK Energy, reports a 27% rise in operating profits for the first quarter of 2015 compared with the...
http://www.chemweek.com/regions/north_asia/korea/SK-Global-Chemical-reports-rise-in-operating-profits_69954.html
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