IHS Chemical Week

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January 20, 2009
BASF says demand for its products in all regions has not picked up in the first half of January and customers are continuing to destock. Chairman Juergen Hambrecht says the situation...
http://www.chemweek.com/regions/north_asia/korea/BASF-Puts-Staff-on-Short-Time-Working-as-Business-Deteriorates_16542.html
January 16, 2009
BASF says it will make permanent the closure of its 1,4-butanediol (BDO) and tetrahydrofuran (THF) manufacturing complex at Ulsan, Korea. The complex has been temporarily closed since...
http://www.chemweek.com/regions/north_asia/korea/BASF-to-Close-Korean-BDO-and-THF-Complex_16477.html
January 15, 2009
BASF says it will permanently close its 1,4-butanediol (BDO) and tetrahydrofuran (THF) manufacturing complex at Ulsan, Korea, which has been temporarily closed since August 2008...
http://www.chemweek.com/regions/north_asia/korea/BASF-to-Close-Permanently-Korean-BDO-and-THF-Complex_16392.html
January 13, 2009
Private equity firm One Equity Partners has bought the remaining 66.75% shares it did not already own in Columbian Chemicals from DC Chemical (Seoul) for $150 million. The transaction...
http://www.chemweek.com/regions/north_asia/korea/DC-Chemical-Sells-Carbon-Black-Stake_16255.html
December 5, 2008
Canpotex, which exports potash for Canadian producers, says it will increase Asian potash prices to $900/m.t. cfr Korea for the first half of 2009. Current prices were not...
http://www.chemweek.com/regions/north_asia/korea/Canpotex-Raises-Korean-Contracts_15755.html
October 16, 2008
LG Chem has recorded a 43% increase in net profits, to won301 billion ($249 million) for the third quarter. And sales for the period increased by 47% to won4.06 trillion, say reports...
http://www.chemweek.com/regions/north_asia/korea/LG-Chems-Profits-and-Sales-Soar_14779.html
September 26, 2008
The petrochemical industry is following a downward trend due to weaker-than-expected markets in 2008, marked by high feedstock costs, lagging polymer prices, excess capacity, and overall poor economic conditions, Bernard Claude, President and CEO of Total Petrochemical USA told attendees in a keynote address to attendees of CW’s Global Forecast Conference 2009, held yesterday in New York....
http://www.chemweek.com/regions/north_asia/korea/Totals-Claude-Improved-Competitiveness-Key-in-Challenging-Markets_14432.html
September 8, 2008
Samsung Engineering says it has been awarded an engineering, procurement, and construction contract for a previously announced aromatics complex planned by S-Oil (Seoul) at Onsan...
http://www.chemweek.com/regions/north_asia/korea/Samsung-Bags-S-Oil-Aromatics-Contract_14042.html
August 22, 2008
Drilling products and services company Imdex (Perth, Australia) says it has signed a heads of agreement to acquire all shares in specialty chemicals firm Wildcat Chemicals Australia...
http://www.chemweek.com/regions/north_asia/korea/Imdex-Acquires-Australian-Chemicals-Firm_13746.html
August 4, 2008
SKC Chemicals Group (Seoul) has begun production of propylene oxide (PO) at Ulsan, Korea. The 100,000-m.t./year facility is the first commercial-scale plant to use novel hydrogen...
http://www.chemweek.com/regions/north_asia/korea/Worlds-First-HPPO-Plant-Starts-Up-in-Korea_13395.html
August 4, 2008
Honam Petrochemical (Seoul) says it will merge with its wholly owned subsidiary Lotte Daesan Petrochemical on January 1, 2009. The move is designed to cut costs on logistics and raw...
http://www.chemweek.com/regions/north_asia/korea/Honam-to-Merge-with-Lotte-Daesan_13399.html
July 24, 2008
SKC Chemicals Group (Seoul) says it has begun production of propylene oxide (PO) at its Ulsan, Korea complex. The 100,000 m.t./year facility is the world's first commercial scale plant...
http://www.chemweek.com/regions/north_asia/korea/Worlds-First-HPPO-Plant-Starts-Up-in-Korea_13191.html
July 1, 2008
Korea’s Fair Trade Commission (FTC) has fined eight companies a combined won12.7 billion ($12 million) for conspiring to fix prices of six petrochemical products including...
http://www.chemweek.com/regions/north_asia/korea/Korean-Firms-Fined-for-Price-Fixing_12727.html
July 1, 2008
“Samsung Total Selects GTC for Aromatics Revamp” (CW, May 26, p. 19) should have read that Samsung Total selected GT-BTX to revamp its existing Morphylane extractive...
http://www.chemweek.com/regions/north_asia/korea/Correction_12735.html
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