IHS Chemical Week

Archives :: Regions :: Southeast Asia

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February 9, 2012
Siam Cement notified the Stock Exchange of Thailand today that it and its Vietnamese and Qatari partners have signed a joint venture agreement for a previously announced petrochemical complex in Vietnam. The partners will invest $4.5 billion in the project, following a final investment decision, which is expected next year....
http://www.chemweek.com/regions/southeast_asia/thailand/Siam-Cement-and-Partners-Sign-JV-Deal-for-$4-5-Billion-Project-in-Vietnam_41206.html
February 9, 2012
Honam Petrochemical has firmed up plans to invest in a petrochemical complex in Indonesia. The company announced in March last year that it is planning to expand in Southast Asia...
http://www.chemweek.com/regions/southeast_asia/Honam-Firms-up-Plans-for-Petchems-Complex-in-Indonesia_41215.html
February 8, 2012
Indorama Ventures (Bangkok) says it will acquire the chemical assets of Old World Industries (Northbrook, IL), including its production facility located at Clear Lake, TX, for $795 million. Old World will retain its consumer products division, including Peak antifreeze. As part of the purchase agreement, Old World will enter into a long-term glycol supply contract with Indorama for its antifreeze production in the U.S....
http://www.chemweek.com/regions/southeast_asia/Indorama-to-Acquire-Old-Worlds-Chemical-Assets-for-$795-Million-updated_41050.html
February 7, 2012
Sumitomo Chemical tells CW that it is planning to build an additional solution-polymerized styrene-butadiene rubber (SSBR) manufacturing plant at Singapore. The second plant is...
http://www.chemweek.com/regions/southeast_asia/Sumitomo-to-Build-Second-SSBR-Plant-in-Singapore-Breaks-Ground-on-First-Plant-Update_41049.html
February 6, 2012
Toyo Engineering Corp., announced today that it has acquired a 47% stake in PT. Inti Karya Persada Teknik (IKPT; Jakarta). IKPT, an engineering company founded in 1982, specializes in...
http://www.chemweek.com/regions/southeast_asia/Toyo-Engineering-Buys-Stake-in-Indonesian-Engineering-Firm_41051.html
January 31, 2012
Nippon Shokubai says it has approved Nisshoku Chemical Industry's (NCI; Zhangjiagang, China) investment plan for the expansion of NCI's superabsorbent polymers...
http://www.chemweek.com/regions/southeast_asia/Nippon-Shokubai-to-Expand-Superabsorbent-Polymers-Plant-in-China_40932.html
January 30, 2012
Advanced biofuels are set to become an important factor in the global economy and could replace more than 50% of the world's gasoline demand in 2030, according to a report by Bloomberg...
http://www.chemweek.com/regions/southeast_asia/Novozymes-Biofuels-Could-Replace-more-than-50-percent-Gasoline-Demand-by-2030_40905.html
January 25, 2012
Showa Denko says it has selected Myriant (Quincy, MA) to supply biobased succinic acid for its polybutylene succinate (PBS) production. The deal endorses Myriant’s low-cost...
http://www.chemweek.com/regions/southeast_asia/Showa-Denko-Chooses-Myriant-to-Supply-Succinic-Acid-for-PBS-Efforts_40755.html
January 25, 2012
Indorama Ventures (Bangkok) announced through a letter to Thailand's stock exchange that it would relocate the texturizing capacity of its Trevira (Bobingen, Germany) joint venture...
http://www.chemweek.com/regions/southeast_asia/Indorama-Relocates-Treviras-Texturizing-Capacity-from-Poland-to-Germany_40745.html
January 25, 2012
SCG Chemicals, the chemical subsidiary of Siam Cement Group (SCG; Bangkok) recorded a 51% fall in profits for 2011, compared with 2010, to baht11.19 billion ($354 million). Sales for...
http://www.chemweek.com/regions/southeast_asia/Siam-Cements-Chemicals-Business-Reports-Fall-in-Profits_40747.html
January 25, 2012
Indorama Ventures (Bangkok) says it will construct an integrated facility in India, which will consist of purified terephthalic acid (PTA), polyethylene terephthalate (PET), and...
http://www.chemweek.com/regions/southeast_asia/Indorama-to-Invest-$700-Million-in-PTA-PET-PSF-Project-in-India_40744.html
January 24, 2012
Shin-Etsu Chemical says plans to build plants for silicone-based materials for high-brightness light-emitting diode (LED) packaging as well as the separation and refinement of rare...
http://www.chemweek.com/regions/southeast_asia/Shin-Etsu-to-Build-Plants-in-Vietnam-for-Silicone-based-LED-Materials-and-Rare-Earths_40709.html
January 23, 2012
LanzaTech (Auckland, New Zealand), a renewable chemicals and fuels firm, has raised $55.8 million in a third, or Series C, funding round, including an investment from the venture arm...
http://www.chemweek.com/regions/southeast_asia/LanzaTech-Raises-$55-8-Million-in-Third-Funding-Round_40690.html
January 18, 2012
Toyo Engineering (Narashino, Japan) says its Toyo Engineering & Construction Sdn. Bhd. (Toyo-Malaysia; Kuala Lumpur) subsidiary has been awarded a contract to build a bioethanol...
http://www.chemweek.com/regions/southeast_asia/Toyo-Engineering-Awarded-Contract-for-Bioethanol-Facility-in-Malaysia_40542.html
January 18, 2012
Mitsubishi Gas Chemical (MGC) says it has established a new subsidiary for the production of electronic materials in the Hemaraj Eastern Seaboard Industrial Estate in Thailand, 110...
http://www.chemweek.com/regions/southeast_asia/Mitsubishi-Gas-Chemical-to-Build-Electronic-Materials-Plant-in-Thailand_40541.html
January 17, 2012
Qatar Petroleum International (QPI) will hold a 25% share in a previously announced $4-billion petrochemical project at Long Son, Vietnam, according to PetroVietnam. Other partners in...
http://www.chemweek.com/regions/southeast_asia/Qatar-Takes-25-percent-Stake-in-Petchems-Project-in-Vietnam_40515.html
January 17, 2012
Mitsui Chemicals says that its Grand Siam Composites (Bangkok) joint venture will increase production capacity for polypropylene (PP) compounds by 18,000 m.t./year at Map Ta Phut...
http://www.chemweek.com/regions/southeast_asia/Mitsui-Siam-Cement-JV-to-Increase-PP-Compounds-Capacity-in-Thailand_40505.html
January 17, 2012
Evonik Industries says it plans to strengthen its innovation capacity over the medium and long term by establishing a corporate venturing unit within the company's innovation...
http://www.chemweek.com/regions/southeast_asia/Evonik-to-Invest-in-Venture-Capital-Activities-in-Europe-the-U-S-and-Asia_40516.html
January 9, 2012
Economic growth in the Asia/Pacific region will be about 5% in 2012, similar to the growth rate in 2011, a recent report by analysts at IHS Global Insight (London) says. Risks loom...
http://www.chemweek.com/regions/southeast_asia/Asia-Expansion-Continues_40265.html
January 5, 2012
Petronas is in discussions with several companies including Dow Chemical, ExxonMobil, and Shell for building petrochemical plants at Petrona’s previously announced $20-billion...
http://www.chemweek.com/regions/southeast_asia/Petronas-in-Discussions-with-Several-Petrochemical-Companies-for-Rapid-Project_40182.html
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