IHS Chemical Week

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April 28, 2015
As planned, Lotte Chemical (Seoul) began adjusting feedstocks for its steam crackers at Yeosu and Daesan, South Korea, today, a source close to the company says. The Yeosu cracker will...
April 28, 2015
Lotte Chemical (Seoul) is operating its styrene plant at Daesan, South Korea, at about 100% of capacity after it completed a planned maintenance program earlier this month, a source...
April 27, 2015
S-Oil Corp. (Seoul), South Korea's third-largest oil refiner by sales, majority owned by Saudi Aramco, today announced a major increase in first-quarter profits. Net income was 211.25...
April 27, 2015
Solvay says that it today broke ground on a facility that will produce highly dispersible silica (HDS) at Gunsan, South Korea. The 80,000-m.t./year HDS plant is expected to become...
April 24, 2015
South Korea’s benzene exports to China will exceed 95,000 m.t. for a fourth consecutive month amid firm domestic demand, data obtained by IHS Chemical show. About 95,000 m.t. of...
April 24, 2015
Toray Industries says that its wholly owned subsidiary Toray Advanced Materials Korea (TAK; Seoul) has acquired additional shares in Toray Chemical Korea (Seoul), formerly Woongjin...
April 17, 2015
LG Chem (Seoul), South Korea s largest chemical company, says net profits declined 14% in the first quarter of 2015 compared with the year-ago period, to 246.1 billion South Korean won...
April 17, 2015
South Korea exported about 128,000 m.t. of benzene during 1–16 April, about 54% of the 236,744 m.t. transported for the whole of March, data obtained by IHS Chemical show. The...
April 15, 2015
Several of South Korea’s aromatics exports in March spiked on month-on-month and on year-on-year (YOY) bases, South Korea customs data show. The country transported about 478,849...
April 10, 2015
China is likely to be the leading destination for South Korea's benzene exports for the fourth month running in April, data obtained by IHS Chemical show. Over 1–9 April...
April 6, 2015
Mitsubishi Chemical Corp. (MCC) announced today that on 2 April 2015, the Seoul High Court has upheld a lower court verdict in MCC’s favor in a patent infringement suit against...
April 1, 2015
Solvay says that, effective 1 April, it has created a new global business unit — Special Chem — that will integrate the company’s rare earth systems and special...
April 1, 2015
Versalis, an ENI (Rome) subsidiary, said today that it has extended its cooperation with Lotte Chemical (Seoul) in the elastomers area. Under the terms of the deal, Versalis will...
April 1, 2015
Toray Industries says that its wholly owned subsidiary Toray Advanced Materials Korea (TAK; Seoul) will acquire the shares it does not currently own in Toray Chemical Korea (Seoul)...
April 1, 2015
Nippon Shokubai says that its previously announced new wholly owned subsidiary called Nippon Shokubai Korea, at Seongnam, South Korea became operational today. Nippon Shokubai Korea...
April 1, 2015
Praxair says that it has completed an extension of its pipeline to supply oxygen to Kumbi Corp. (Seoul), one of the largest glass bottle manufacturers in South Korea. The six-mile...
March 30, 2015
LG Chem (Seoul) says that it has been selected by automotive company Daimler (Stuttgart, Germany) to supply lithium-ion (Li-ion) batteries for Daimler’s Smart-brand electric...
March 26, 2015
Although China accounts for the world's largest para-xylene (p-xylene) capacity, it will still need to import more than half of this capacity for the foreseeable future, according to...
April 1, 2015
Mitsui Chemicals and SKC (Seoul) say that their previously announced polyurethane (PU) raw material joint venture is expected to become operational on 1 July. It had originally been...
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