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August 28, 2015
Leading Asia-based chemical companies have reported rises in profits for the second quarter. Most of the companies report lower revenues for the period, however, mainly because of weaker selling prices....
August 14, 2015
Almost all the leading chemical companies based in Japan have reported improved earnings for the fiscal first quarter, ended 30 June. Only Tokuyama reports lower profits for the...
July 31, 2015
Reliance Industries has reported consolidated net profit up 4.4%, to 62.2 billion Indian rupees ($974.9 million) in the company’s fiscal first quarter, ended 30 June. Revenues were down 23%, at Rs830.6 billion, and pretax profit was 5.5% higher, at Rs81.5 billion....
July 31, 2015
Ineos says that its dispute with Sinopec over the use of what Ineos claims is its technology to produce acrylonitrile at plants in China that were not licensed by Ineos is about to be...
July 31, 2015
Mitsubishi Chemical Holdings has announced that it will begin a detailed review to integrate its three chemical operating companies—Mitsubishi Chemical Corp., Mitsubishi Plastics...
July 30, 2015
Evonik Industries is globalizing its R&D activities for the global cosmetics industry, and at the same time using local R&D to strengthen its position in important growth...
July 17, 2015
Sekisui Chemical (Tokyo) says that its previously announced joint venture with Lubrizol for manufacturing chlorinated polyvinyl chloride (CPVC) resin in Thailand has become operational. Lubrizol and Sekisui agreed in 2013 to form the jv, S and L Specialty Polymers, which is located in the Hemaraj Eastern Industrial Estate at Map Ta Phut. Sekisui holds a 51% stake in the jv, and Lubrizol holds the remaining 49%....
July 17, 2015
Asahi Kasei says that its Asahi Kasei Chemicals (AKC) subsidiary will increase production capacity for hydrogenated styrenic thermoplastic elastomer by 30% at its production site at...
July 17, 2015
Mangalore Refinery and Petrochemicals Ltd. (MRPL; Mangalore, India), a subsidiary of Oil and Natural Gas Corp. (ONGC; New Delhi), says that it will acquire the shares it does not own...
July 6, 2015
Shin-Etsu Chemical says that it has agreed to establish a joint venture in China with Yangtze Optical Fibre and Cable Joint Stock Ltd. Co. (YOFC; Wuhan, China), China’s largest maker...
July 6, 2015
Rosneft (Moscow) and China National Chemical Corp. (ChemChina; Beijing) have signed a number of agreements, including a deal for Rosneft to supply crude oil to ChemChina and acquire a stake in ChemChina’s petrochemical subsidiary. The signing took place at the recent Saint Petersburg International Economic Forum, in Russia....
July 6, 2015
Givaudan (Vernier, Switzerland), a leading fragrance and flavor company, says that it has opened a savory flavors manufacturing facility at Nantong, China. Givaudan invested about 50...
June 26, 2015
BASF Petronas Chemicals broke ground recently on a previously announced 2-ethylhexanoic acid (2-EHA) project at the company’s production site at Kuantan, Malaysia, BASF says....
June 26, 2015
The Chinese government says that a national carbon-trading market will become operational in late 2016 or early 2017. The market forms part of China’s strategy to promote green...
June 26, 2015
Teijin Polycarbonate Singapore, a Teijin subsidiary, has put its industrial site at Jurong Island, Singapore, up for sale via an expression of interest, says Colliers International (London), the appointed property consultant for the sale....
June 15, 2015
Praxair has signed two separate long-term contracts for the supply of industrial gases in India: with agricultural chemical company UPL (Mumbai), formerly United Phosphorus Ltd., for...
June 15, 2015
AkzoNobel says that it will invest more than €30 million ($33.9 million) to build a manufacturing facility in Thailand to support the regional growth of the company’s performance coatings business....
June 15, 2015
The petrochemical businesses of state-owned energy companies in India report mixed results for their fiscal fourth quarters, ended 31 March. The petrochemicals business of Indian Oil...
June 9, 2015
Industrial biotech firm Amyris (Emeryville, CA) and Ipca Laboratories (Mumbai) say that they have signed a letter of intent to establish an agreement for Amyris to supply a key...
May 29, 2015
Flavors and fine ingredients company Frutarom Industries (Haifa, Israel) says that it has acquired a 60% stake in flavors and fragrances firm Sonarome (Bangalore, India) for a cash payment of $17.2 million....
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