IHS Chemical Week

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Displaying 61 - 80 of 424 stories.
January 20, 2014
BASF's first Ultrason plant outside of Germany. BASF says that it has opened its previously announced new plant at Yeosu, South Korea, to strengthen the supply of Ultrason...
http://www.chemweek.com/regions/north_asia/korea/BASF-opens-Ultrason-polyarylsulfone-plant-in-South-Korea_58112.html
January 14, 2014
Saudi Aramco will spend $2 billion to acquire Hanjin Energy’s stake in S-Oil (Seoul), Korea’s third largest oil refiner and a major producer of para-xylene (p-xylene)...
http://www.chemweek.com/regions/north_asia/korea/Saudi-Aramco-to-become-majority-shareholder-in-S-Oil_57949.html
January 14, 2014
LG Chem (Seoul), South Korea’s largest chemical company, says that it will invest 320 billion South Korean won ($304 million), to increase production capacity for acrylic acid at...
http://www.chemweek.com/regions/north_asia/korea/LG-Chem-to-invest-over-$300-million-to-increase-acrylic-acid-capacity_57467.html
January 7, 2014
AkzoNobel says it has divested its primary amides business to PMC Group (Mount Laurel, NJ). Financial details of the transaction have not been disclosed. The deal includes a...
http://www.chemweek.com/regions/north_asia/korea/PMC-acquires-AkzoNobels-primary-amides-business_57788.html
December 18, 2013
Yara says it has signed shipbuilding contracts with Hyundai Mipo Dockyard (Ulsan, South Korea) for the construction and delivery of two medium-size liquefied petroleum gas carriers...
http://www.chemweek.com/regions/north_asia/korea/Yara-orders-two-ships-from-Korea_57475.html
December 18, 2013
ZBB Energy (Menomonee Falls, WI), a developer of renewable energy power platforms and hybrid vehicle control systems, says it has entered into a new product development partnership and...
http://www.chemweek.com/regions/north_asia/korea/ZBB-Energy-announces-new-phase-of-partnership-with-Lotte-Chemical_57466.html
December 16, 2013
BASF says that it will build a compounding plant at Yesan, Chung Nam Province, South Korea, for its engineering plastics Ultramid and Ultradur. Construction on the plant is expected to...
http://www.chemweek.com/regions/north_asia/korea/BASF-to-build-engineering-plastics-compounding-plant-in-South-Korea_57410.html
December 13, 2013
Handok (Seoul) announced today that it has agreed to buy the pharmaceuticals business of Korea’s leading cosmetics company Amore Pacific (Seoul). Handok agreed to pay 57.5...
http://www.chemweek.com/regions/north_asia/korea/Handok-buys-Amore-Pacifics-pharmaceuticals-business_57383.html
November 29, 2013
Sumitomo Chemical announced today that it is raising its stake in Samsung Sumitomo LED Materials (SSLM) from 50% to 80.1% for an undisclosed sum. The deal is expected to be finalized...
http://www.chemweek.com/regions/north_asia/korea/Sumitomo-Chemical-raises-stake-in-electronics-related-jv-with-Samsung_57007.html
November 26, 2013
SK Global Chemical, through a strategic alliance with Mitsubishi Chemical, plans to build an acrylic acid plant at Ulsan, Korea by 2016. The plant will be designed to produce 160,000...
http://www.chemweek.com/regions/north_asia/korea/SK-Global-to-build-acrylic-acid-and-derivatives-plants-as-part-of-portfolio-diversification_56961.html
November 26, 2013
Songwon (Ulsan, South Korea) reported 8.31 billion Korean won ($7.82 million) in profit during the third quarter, the company reported today, 46% higher year-on-year. Ebitda stood at 10.71 billion won, about 40% below Ebitda for the third quarter last year. Sales meanwhile rose 0.8% Y-O-Y to 175.8 billion won. "This has been a tough quarter but, once again, we have continued to demonstrate our growth potential. We have been able to offset softening selling prices with raw material prices following the same trend, however we do not expect this to continue as economies start to rebound," Jongho Park, chairman and CEO of Songwon....
http://www.chemweek.com/regions/north_asia/korea/Songwon-third-quarter-profit-up-over-46-percent_56956.html
November 14, 2013
Songwon Industrial (Ulsan, South Korea) reports a 45.8% rise in net profits for the third quarter of 2013 compared with the corresponding period of the previous year, to 8.30 billion...
http://www.chemweek.com/regions/north_asia/korea/Songwon-reports-rise-in-profits_56694.html
November 14, 2013
Toray Industries says its wholly owned Toray Advanced Materials Korea (TAK; Seoul) subsidiary entered into an agreement on 6 November with Woongjin Holdings (Seoul) and other...
http://www.chemweek.com/regions/north_asia/korea/Toray-to-acquire-majority-stake-in-Woongjin-Chemical-for-$402-million_56687.html
November 8, 2013
Versalis (Milan) and Lotte Chemical (Seoul) announced today that they have established a 50-50 joint venture, Lotte Versalis Elastomers. The news follows an agreement signed last year...
http://www.chemweek.com/regions/north_asia/korea/Versalis-and-Lotte-Chemical-form-elastomers-JV-in-Korea_56558.html
November 7, 2013
BASF signed a letter of intent at a ceremony in Brussels today to set up a new Electronics Materials R&D Center Asia/Pacific in partnership with Sungkyunkwan University (SKKU)...
http://www.chemweek.com/regions/north_asia/korea/BASF-to-set-up-electronic-materials-R-and-D-center-in-Korea_56516.html
October 28, 2013
SK Global Chemical, the petrochemical business of SK Innovation (Seoul), formerly SK Energy, recorded a 11.5% fall in operating profits for the third quarter of 2013 compared with the...
http://www.chemweek.com/regions/north_asia/korea/SK-Global-Chemical-reports-fall-in-operating-profits_56245.html
October 23, 2013
BASF today announced a restructuring plan for its pigments business, with a planned reduction of 650 jobs by 2017. The company says this will strengthen the competitiveness of its...
http://www.chemweek.com/regions/north_asia/korea/BASF-to-cut-650-jobs-close-UK-pigments-plant-restructure-others_56112.html
October 18, 2013
LG Chem reports a 23.2% decrease in net profits for the third quarter compared with the year-ago period, to 352.3 billion South Korean won ($332 million). Third-quarter sales increased...
http://www.chemweek.com/regions/north_asia/korea/LG-Chem-reports-fall-in-profits_56025.html
October 17, 2013
CB&I says that it has been awarded a contract by GS Caltex (Seoul), a joint venture between GS Holdings (Seoul) and Chevron, for the license, basic engineering, and catalyst supply...
http://www.chemweek.com/regions/north_asia/korea/CB-and-I-awarded-contract-by-GS-Caltex-for-p-xylene-project-in-Korea_55993.html
October 16, 2013
LanzaTech (Roselle, IL) and SK innovation (Seoul) have agreed to develop a new process technology for the production of 1,3-butadiene, and the collaboration will accelerate the...
http://www.chemweek.com/regions/north_asia/korea/LanzaTech-partners-with-SK-Innovation-to-develop-process-technology-for-green-chemicals_55962.html
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