IHS Chemical Week

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November 19, 2014
Industrial biotechnology  firm Verdezyne (Carlsbad, CA) says it has partnered with Bio-XCell Malaysia to construct Verdezyne’s first commercial-scale renewable chemicals...
http://www.chemweek.com/regions/southeast_asia/Verdezyne-to-build-biorefinery-in-Malaysia_65532.html
November 19, 2014
State-owned Vietnam National Chemical Group (Vinachem) has sold its 11% stake in the Long Son petrochemical project in Vietnam to state energy major PetroVietnam, to help speed up...
http://www.chemweek.com/regions/southeast_asia/Vinachem-sells-its-stake-in-petchems-project-to-PetroVietnam_65527.html
November 14, 2014
Europe's para-xylene (p-xylene) contract price (ECP) has not yet settled for November despite market chatter about a preliminary agreement. Asia's contract price (ACP) has...
http://www.chemweek.com/regions/southeast_asia/Europe-p-xylene-November-contract-remains-unsettled_65453.html
November 12, 2014
Petronas (Kuala Lumpur) has reached an agreement with an Asia subsidiary of Phillips 66 to acquire a 47% interest in Malaysian Refining Co. (MRC), which will result in Petronas owning...
http://www.chemweek.com/regions/southeast_asia/Petronas-buys-Phillips-66-out-of-Melaka-refinery-for-$635-million_65307.html
November 11, 2014
Vitol (Rotterdam) is investing about A$150 million ($130 million) at the company's Geelong, Australia refinery, according to Australian media reports. Vitol acquired the refinery from...
http://www.chemweek.com/regions/southeast_asia/Reports-Vitol-to-invest-$130-million-to-upgrade-Australia-refinery_65290.html
November 10, 2014
Indorama Ventures (Bangkok) reports a 48.4% fall in profits for the third quarter of 2014 compared with the third quarter of 2013, to 618 million baht ($19 million). Third-quarter...
http://www.chemweek.com/regions/southeast_asia/thailand/Indorama-reports-fall-in-third-quarter-profits_65249.html
November 6, 2014
PTT Global Chemical (PTTGC; Bangkok) today reported a 21% decline in third-quarter net profit to 7.59 billion Thai baht ($231.22 million) on 3% higher sales of baht145.82 billion...
http://www.chemweek.com/regions/southeast_asia/PTTGC-reports-lower-third-quarter-net-profit-plant-outages-in-Asia-help-aromatics_65183.html
November 6, 2014
Petronas Chemicals (Kuala Lumpur) reports a 2.8% rise in profits for the third quarter of 2014 compared with the third quarter of 2013, to 732 million ringgit ($220 million) due to...
http://www.chemweek.com/regions/southeast_asia/Petronas-Chemicals-reports-a-slight-increase-in-profits_65180.html
November 5, 2014
Teijin today announced several initiatives to restructure its loss-making businesses. The measures include permanently shutting down a polycarbonate (PC) resin plant in Singapore and...
http://www.chemweek.com/regions/southeast_asia/singapore/Teijin-to-shut-polycarbonate-plant-in-Singapore-exit-dimethyl-terephthalate-business_65130.html
November 4, 2014
Evonik Industries says that its previously announced, new methionine plant in Singapore started production on 4 November. Construction on the project began in August 2012, and the...
http://www.chemweek.com/regions/southeast_asia/singapore/Evonik-starts-up-$625-million-methionine-plant-in-Singapore_65078.html
November 4, 2014
Momentive Performance Materials says it has today commissioned two new expansions at its Rayong Province, Thailand manufacturing facility. Momentive commissioned new liquid silicone...
http://www.chemweek.com/regions/southeast_asia/Momentive-adds-liquid-silicone-rubber-and-release-coatings-capacity-in-Thailand_65097.html
November 4, 2014
JTC, Singapore’s government agency responsible for the development of industrial infrastructure, has broken ground on a high-rise specialized complex designed to house chemical...
http://www.chemweek.com/regions/southeast_asia/JTC-breaks-ground-on-multi-user-chemical-hub-for-SMEs-in-Singapore_65095.html
November 3, 2014
The performance materials business unit of DKSH (Zurich) has been apponted to provide market expansion services for BASF's range of colorants used in the personal-care and household...
http://www.chemweek.com/regions/southeast_asia/DKSH-to-distribute-BASFs-personal-care-and-household-colorants-across-Asia_65052.html
October 31, 2014
Corbion (Gorinchem, Netherlands) said today that it will build a 75,000-m.t./year polylactic acid (PLA) plant in Thailand. With entry into this business, the company intends to bring...
http://www.chemweek.com/regions/southeast_asia/Corbion-to-build-polylactic-acid-plant-in-Thailand-consolidates-operations-in-the-US_65019.html
October 30, 2014
ExxonMobil says it has broken ground on the previously announced halobutyl rubber and hydrogenated hydrocarbon resin production plants at the company’s petrochemical complex in...
http://www.chemweek.com/regions/southeast_asia/ExxonMobil-breaks-ground-on-halobutyl-rubber-and-hydrocarbon-resin-plants-in-Singapore_65008.html
October 29, 2014
The chemical subsidiary of Siam Cement Group (SCG; Bangkok) reports net profits for the third quarter of 2014 rose 10% compared with the year-ago quarter, to 4.18 billion baht...
http://www.chemweek.com/regions/southeast_asia/Siam-Cements-chemicals-business-reports-rise-in-profits_64888.html
October 29, 2014
Industrial gases firm Messer has signed a 25-year contract to supply oxygen and nitrogen to Hoa Phat Steel, Vietnam’s largest steel producer. Messer will build the third gases...
http://www.chemweek.com/regions/southeast_asia/Messer-to-build-air-separation-plant-in-Vietnam_64900.html
October 24, 2014
Output of petrochemicals in Singapore increased 12.8% in September compared with the same month last year, according to preliminary figures released today by the Singapore government...
http://www.chemweek.com/regions/southeast_asia/Petchems-output-soars-in-Singapore_64784.html
October 24, 2014
Para-xylene (p-xylene) spot prices have come off significantly in Europe this month as p-xylene spot prices have dropped in Asia on the back of a significant fall in energy markets...
http://www.chemweek.com/regions/southeast_asia/P-xylene-prices-fall-in-Europe-on-the-back-of-softer-Asian-prices-weaker-energy-markets_64788.html
October 23, 2014
Fluor Corp., in a joint venture with Technip, was awarded an engineering, procurement and construction management contract by PRPC Utilities and Facilities for the Petronas Refinery...
http://www.chemweek.com/regions/southeast_asia/Fluor-and-Technip-awarded-another-Rapid-contract-in-Malaysia_64704.html
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