IHS Chemical Week

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February 23, 2012
Indorama Ventures (Bangkok) has agreed to acquire, through its indirect subsidiary Beacon Trading (London), a 51% stake in Beverage Plastics (Craigavon, U.K.). Indorama announced the...
http://www.chemweek.com/regions/southeast_asia/Indorama-Acquires-51-percent-of-Plastics-Company-in-Northern-Ireland_41555.html
February 22, 2012
Indorama Ventures (Bangkok) reported a 49.4% increase in profits for 2011, compared with 2010, to baht15.56 billion ($510 million). Net sales for 2011 increased 92%, to baht186.09...
http://www.chemweek.com/regions/southeast_asia/Indorama-Reports-Rise-in-Profits-and-Sales_41533.html
February 20, 2012
Saudi Aramco says it has signed a memorandum of understanding (MOU) with Indonesia’s state oil and gas company PT Pertamina (Jakarta) to jointly evaluate the economic feasibility...
http://www.chemweek.com/regions/southeast_asia/Aramco-and-Pertamina-Sign-MOU-for-Refinery-and-Petchems-Complex-in-Indonesia_41487.html
February 20, 2012
PTT Global Chemical (Bangkok), Thailand's largest integrated petrochemical and refining company, has recorded profits of baht2.1 billion ($69 million) and sales of baht104.4 billion...
http://www.chemweek.com/regions/southeast_asia/PTT-Global-Chemical-Reports-Rise-in-Profits-and-Sales_41486.html
February 17, 2012
Tokuyama (Tokyo) says it has begun construction on the previously announced second polysilicon plant at the Samalaju Industrial Park in the state of Sarawak, Malaysia. The plant...
http://www.chemweek.com/regions/southeast_asia/Tokuyama-Begins-Construction-of-$1-26-Billion-Polysilicon-Plant-in-Malaysia_41467.html
February 16, 2012
DSM Engineering Plastics says that its global headquarters is being moved from Sittard, the Netherlands, to Singapore, and the move will be completed this year. DSM Engineering...
http://www.chemweek.com/regions/southeast_asia/DSM-Engineering-Plastics-Moves-Global-Headquarters-to-Singapore_41392.html
February 15, 2012
Infineum (Abingdon, U.K.) says it will build a new salicylate manufacturing facility at its site in Jurong Island, Singapore. The investment amount was not disclosed, but it is the...
http://www.chemweek.com/regions/southeast_asia/Infineum-Builds-Salicylate-Facility-in-Singapore_41366.html
February 14, 2012
Kao Corp. (Tokyo) says that its Kao Indonesia Chemicals (Bekasi, Indonesia) subsidiary will construct a new plant for the production of surfactants at the Karawan International...
http://www.chemweek.com/regions/southeast_asia/Kao-to-Expand-Surfactants-Capacity-in-Indonesia_41333.html
February 14, 2012
Teijin says that its Teijin Polyester Thailand subsidiary located in Klong Luang, Pathum Thani Province, which had suspended production in October 2011 following the floods in Thailand...
http://www.chemweek.com/regions/southeast_asia/Teijin-Partially-Restarts-Plant-in-Thailand_41332.html
February 13, 2012
Topping the headlines last week, Indorama Ventures has agreed to acquire the chemical assets of Old World Industries for $795 million. The assets include the largest ethylene...
http://www.chemweek.com/regions/southeast_asia/Chemical-Finance-Digest-Feb-6-10_41329.html
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
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