IHS Chemical Week

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December 17, 2014
Umicore (Brussels) says that it will construct a facility at the Hemaraj industrial estate in Thailand for the production of emission-control catalysts for light-duty vehicles. The...
http://www.chemweek.com/regions/southeast_asia/Umicore-to-build-automotive-catalyst-facility-in-Thailand_66225.html
December 16, 2014
Woodside Petroleum (Perth, Australia) expects to make a final investment decision for its Browse floating liquefied natural gas (FLNG) project in mid-2016, the company said today. The...
http://www.chemweek.com/regions/southeast_asia/Woodside-delays-final-decision-for-Browse-FLNG-project-to-mid-2016_66200.html
December 12, 2014
IHS has cut its crude oil forecast sharply with the latest dated Brent projections lowered by about $22/bbl in 2015 and $11/bbl in 2016, according to IHS December Global Crude Oil...
http://www.chemweek.com/regions/southeast_asia/IHS-cuts-2015-crude-oil-price-forecast-sharply_66035.html
December 10, 2014
Indonesia’s state-owned energy group Pertamina (Jakarta) said today that it has concluded partnership agreements with three companies to upgrade and double the capacities of its...
http://www.chemweek.com/regions/southeast_asia/Pertamina-signs-$25-0-billion-refinery-upgrade-MOUs-with-Aramco-Sinopec-JX-Nippon_66014.html
December 10, 2014
India plans to impose an antidumping duty of $79.75/m.t. on acetone from South Korea, a notification from the Ministry of Commerce and Industry (New Delhi) says. The tariffs result...
http://www.chemweek.com/regions/southeast_asia/-India-to-slap-antidumping-duty-on-acetone-from-South-Korea-_66011.html
December 10, 2014
Private equity firm The Riverside Co. (New York) says that it has acquired Drex-Chem (Shah Alam, Malaysia), a specialty chemicals distributor. Financial details of the agreement have...
http://www.chemweek.com/regions/southeast_asia/Private-equity-firm-acquires-Malaysia-based-chemicals-distributor_66009.html
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
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
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
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
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