IHS Chemical Week

Archives :: Regions :: North Asia :: Korea

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February 4, 2008
Wacker Chemie (Munich) says it has received clearance from the European and U.S. antitrust authorities to acquire full ownership of two joint ventures with Air Products and Chemicals...
January 28, 2008
Korea’s Fair Trade Commission (FTC; Seoul) has slapped combined fines of won54.17 billion ($57 million) on six Korean companies for conspiring to fix prices of low-density...
January 14, 2008
Headwaters and Evonik Industries have doubled hydrogen peroxide capacity at their joint venture facility at Ulsan, Korea. Total capacity at the site is now about 68,000 m.t./year. The...
January 14, 2008
Overall economic growth in the East Asian region—defined as China, Korea, and Taiwan—will slip from 8.5% in 2007, to 8% in 2008, according to a recent report by the Asian...
December 14, 2007
Wacker-Chemie says it has agreed to acquire the shares it does not already own in two vinyl acetate ethylene-based emulsion polymer joint ventures with Air Products, for approximately...
December 3, 2007
S-Oil Corp. (Seoul) says it will invest about $1.5 billion to build a second aromatics complex at the company’s Onsan, Korea refinery. The complex will produce 900,000 m.t./year...
November 19, 2007
Songwon (Ulsan, Korea) says it will invest $20 million to build a 30,000 m.t/year high-purity isobutylene plant at Maeam, Korea. The company says the plant will be the world’s...
November 7, 2007
The International Council of Chemical Associations (ICCA) has announced that South Korea's chemical industry association, the Korean Chemical Industry Council (KOCIC; Seoul) has become...
October 31, 2007
South Korea and Russia Embrace ICCA Values The International Council of Chemical Associations (ICCA) says South Korea’s industry association the Korean Chemical Industry Council...
October 30, 2007
3M has filed a lawsuit against LGS, a manufacturer of optical displays and electronics components, in the District Court of Seoul. The suit charges that LGS’s optical films used...
October 22, 2007
Total Petrochemicals has started up a 300,000-m.t./year polypropylene (PP) line at its Samsung Total Petrochemicals joint venture at Daesan, Korea. PP capacity has risen to 554,000...
October 17, 2007
Total says that it has started a 300,000-m.t./year polypropylene (PP) production line at its jv plant in South Korea. PP capacity a the site will be 554,000 m.t./year. The Daesan plant...
October 16, 2007
BP has agreed to sell its 47.4% stake in Samsung Petrochemical (SPC) to Samsung Corp. and Lee Bu-jin for a combined $70 million in cash. Samsung Corp., the trading arm of the Samsung...
October 16, 2007
LG Chem’s petrochemicals business reported third-quarter operating profit up 172%, to 170.9 billion won ($187 million), on sales up 6%, to 1,743 billion won. Strong polyolefin prices...
October 15, 2007
Songwon Industrial (Seoul) says it is planning to become a stronger player in the plastics stabilizer market, and plans to triple sales to about $300 million/year by 2010. Achieving...
October 10, 2007
BP has agreed to sell its 47.4% stake in Samsung Petrochemical, a leading producer of purified terephthalic acid....
September 12, 2007
Air Products says it has entered into a long-term agreement to supply nitrogen to Hynix Semiconductor's (Icheon, Korea) new back-end test and packaging fab that Hynix is building at...
September 7, 2007
DuPont says it has added 20,000 m.t./year of capacity at its Ulsan, Korea compounding facility for nylon resins. Total capacity was not disclosed. The expansion is in response to...
August 28, 2007
Stone & Webster says it has been awarded a contract by Lotte Daesan Petrochemical Corp. (Seoul) to expand capacity of an ethylene plant at Daesan, Korea from 650,000 m.t./year, to...
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