IHS Chemical Week

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December 8, 2014
Jurong Aromatics Corp. (JAC; Singapore) plans to shut down its plant at Jurong Island, Singapore, on 22 December for maintenance, industry sources say. The maintenance results from...
http://www.chemweek.com/regions/southeast_asia/Jurong-Aromatics-plans-maintenance-shutdown-this-month_65963.html
December 8, 2014
Indorama Ventures (Bangkok) and Performance Fibers (Huntersville, NC), a leading producer of industrial polyester fibers and fabrics, today announced that it has signed a definitive...
http://www.chemweek.com/regions/southeast_asia/thailand/Indorama-to-acquire-Performance-Fibers-business-in-Asia_65949.html
December 4, 2014
KBR announced today that it has signed an agreement with PT Rekayasa Industri (REKIND; Jakarta) to provide ammonia technology in the Indonesian, Southeast Asian and Asian markets...
http://www.chemweek.com/regions/southeast_asia/thailand/KBR-forms-ammonia-licensing-alliance-with-Indonesian-engineering-firm_65876.html
December 3, 2014
Thailand will lower the price of benzene and of diesel fuels but raise the price of liquefied petroleum gas (LPG), according to a report by the National News Bureau of Thailand. The...
http://www.chemweek.com/regions/southeast_asia/Report-Thailand-cuts-price-of-benzene-fuels-on-lower-price-for-crude-oil_65805.html
December 3, 2014
KBR (Houston) says that it has recently been awarded a contract by a Lotte Chemical (Seoul) subsidiary headquartered in Kuala Lumpur to provide licensing and basic engineering...
http://www.chemweek.com/regions/southeast_asia/Lotte-Chemical-awards-KBR-with-catalytic-olefins-technology-contract_65794.html
December 3, 2014
Last night was the 30th anniversary of the methyl isocyanate (MIC) leak at the former Union Carbide’s production plant at Bhopal in the state of Madhya Pradesh, India, which...
http://www.chemweek.com/regions/southeast_asia/India-marks-30th-anniversary-of-Bhopal-disaster-issues-remain-unresolved_65803.html
December 1, 2014
Borouge has established a new Asia regional warehouse in Singapore to support its global growth, the company announced today. “Our new Asia regional warehouse is designed to...
http://www.chemweek.com/regions/southeast_asia/Borouge-establishes-additional-warehouse-in-Singapore-appoints-logistics-provider_65734.html
November 28, 2014
Crude oil production will be maintained at a level of 30 million barrels/day, as was agreed in December 2011, in the interest of restoring market equilibrium, the Organization of the...
http://www.chemweek.com/regions/southeast_asia/OPEC-Crude-oil-production-to-remain-steady-at-30-million-bblsday_65719.html
November 24, 2014
AbbVie (Chicago) says that it has acquired a small-molecule active pharmaceutical ingredient (API) manufacturing site in Singapore's Tuas Biomedical Park. The site, AbbVie's first...
http://www.chemweek.com/regions/southeast_asia/singapore/AbbVie-acquires-API-facility-in-Singapore_65638.html
December 3, 2014
IFF announced today it is expanding its flavors business in Indonesia and Chile, with new facilities in both countries. In Indonesia, the company is doubling the size of an existing...
http://www.chemweek.com/regions/southeast_asia/IFF-expands-flavors-presence-in-Indonesia-and-Chile_65627.html
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
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