IHS Chemical Week

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August 31, 2012
The European biodiesel industry has lodged a formal complaint with the European Commission against alleged dumping of biodiesel from Argentina and Indonesia in European Union (EU)...
August 30, 2012
Oleon (Ertvelde, Belgium) and palm plantation owner United Plantations (Perak, Malaysia) have announced the formation of an equally owned joint venture, UniOleon Sdn. Bhd., which will...
August 29, 2012
Mitsui Chemicals said today that it will add 8,000 m.t./year of specialty Tafmer high performance olefin elastomer capacity at its Mitsui Elastomers Singapore subsidiary. The Jurong...
August 29, 2012
Linde says it has been awarded a long-term contract to supply Vietnamese steel company Posco SS-Vina (PSSV) with industrial gases. PSSV and Linde’s Linde Gas Vietnam (LGV; Ho Chi...
August 28, 2012
Petronas Chemicals reported an 8% increase in profit to ringgit 900 million ($288.9 million) in the second quarter ended June 2012. Revenues were up 16% year-on-year to ringgit 3.9...
August 16, 2012
Reliance Industries (Mumbai) is in discussions with BP to buy BP’s 610,000-m.t./year purified terephthalic acid (PTA) plant at Kuantan, Malaysia, say Indian press reports...
August 15, 2012
Indorama Ventures (Bangkok) reported a 50.6% fall in net profits for the second quarter ended, June 30, 2012, compared with the year-ago period, to $39 million. Second-quarter sales...
August 14, 2012
The Indonesian government plans to increase its investment in the petrochemical industry in order to reduce the country’s dependence on imports, say press reports. The government...
August 10, 2012
Indorama Ventures (Bangkok) says it has completed the previously announced acquisition of the polyethylene terephthalate (PET) resin assets of PT Polypet Karyapersada (Jakarta) at...
August 8, 2012
PTT Global Chemical (Bangkok), Thailand’s largest integrated petrochemical and refining company, says net profits in the second quarter of 2012 decreased 90%, to baht851 million...
August 3, 2012
Linde Malaysia, the leading industrial gases supplier in Malaysia, plans to invest ringgit600 million ($192.7 million) in the next five years to expand its operations in the country...
August 3, 2012
Evonik Industries says it has today broken ground on the previously announced €500-million ($612 million) methionine complex at Jurong Island, Singapore. The project is the...
August 3, 2012
Dow Chemical says it has begun production of Enlight polyolefin encapsulant films for use in photovoltaic solar panels at the new manufacturing facility at Map Ta Phut, Thailand...
August 2, 2012
Petronas says it has signed a heads of agreement (HOA) with petrochemical company Versalis (Milan), formerly known as Polimeri Europa and wholly owned and controlled by energy...
August 2, 2012
Kuraray says it has established a new subsidiary called Kuraray Thailand (Bangkok), for the sale and market development of Kuraray products in Thailand. Kuraray Thailand was...
July 31, 2012
Specialty chemicals distributor Azelis (Antwerp) has signed a cooperation agreement with Marubeni, under which the companies will work together in Asia. The deal should...
July 30, 2012

Worldwide demand for ethylene propylene (EP) elastomers is on the rise as auto sales and production increase in Asian countries, according to a new report from IHS Chemical. Demand for the synthetic rubber material—used primarily in automotive parts, single-ply roofing, and appliance parts—is expected to grow 5% annually, from 1.2 million m.t./year in 2011 to 1.5 million m.t./year in 2016, according to the IHS Chemical Ethylene-Propylene Elastomers CEH Marketing Report.


July 30, 2012
The death toll from a chemical tanker explosion last week at Labuan, Malaysia, has risen to five, the ship's owner MISC (Kuala Lumpur) says. The blast occurred on July 26 as the...
July 27, 2012
Malaysian International Shipping Corp. (MISC; Kuala Lumpur) has confirmed that several explosions and a fire struck one of the company's chemical tankers yesterday, killing three...
July 27, 2012
Indorama Ventures (Bangkok) says it formed a new indirect holding subsidiary called Indorama Ventures OGL Holdings on June 30 to hold the business that Indorama acquired from Old World...
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