IHS Chemical Week

Archives :: Regions :: North Asia :: Korea

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June 10, 2015
OCI (Seoul) says that it will sell its 49.1% stake in OCI Materials, a subsidiary that manufactures specialty gas used for manufacturing semiconductors and liquid-crystal-display, in...
June 10, 2015
Styrene spot prices have spiked in Asia since the beginning of this week on short-covering activity for June-delivery cargoes because benzene feedstock prices and crude oil futures...
June 9, 2015
South Korea’s overall benzene exports over the first seven days of June totaled more than 32,000 m.t.—only about 14% of the 224,000 m.t. recorded in May—amid shut...
June 2, 2015
South Korea’s overall benzene exports in May stood at about 224,000 m.t., down more than 20% from about 282,118 m.t. in April, preliminary data obtained by IHS Chemical show. But...
June 2, 2015
India has levied antidumping duties on acrylic fiber imports from Thailand and South Korea for five years, effective 1 June, the Ministry of Finance (New Delhi) says. Depending on...
June 2, 2015
India has extended antidumping duties on polyvinyl chloride (PVC) paste resin imports from China, Malaysia, South Korea, Russia, Taiwan, and Thailand for one year until 25 July 2016...
June 2, 2015
SK Global Chemical (SKGC; Seoul) is to sell Nexlene, its premium polyethylene PE business to its joint venture with Sabic. Sabic SK Nexlene Co. (Singapore), an equally owned jv between...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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