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December 15, 2014
The United Nations climate summit in Lima closed with the basis for a new, global climate change agreement to be finally agreed in Paris in Dec 2015, and to enter into force in 2020...
http://www.chemweek.com/sections/business_finance/asia_pacific/Lima-climate-change-conference-mixed-response-from-politicians-industry-and-environmentalists_66177.html
December 12, 2014
Indorama Ventures (Bangkok) and Performance Fibers (Huntersville, NC), a leading producer of industrial polyester fibers and fabrics, have announced that they have signed a definitive agreement under which Indorama will acquire the Asia manufacturing operations of Performance Fibers. The agreement’s financial terms have not been disclosed....
http://www.chemweek.com/sections/business_finance/asia_pacific/Indorama-to-buy-Performance-Fibers-business-in-Asia_66041.html
December 12, 2014
BASF says that it has entered into a definitive agreement to acquire the business and assets of Taiwan Sheen Soon (TWSS; Lukang), a leading manufacturer of thermoplastic polyurethanes...
http://www.chemweek.com/sections/business_finance/asia_pacific/BASF-to-acquire-TPU-manufacturer-Taiwan-Sheen-Soon_66042.html
December 8, 2014
The European Commission says in a report that European companies must boost investment in research to remain competitive in the global environment. Investment in R&D by companies...
http://www.chemweek.com/sections/business_finance/asia_pacific/Report-Europe-must-boost-R-and-D-investment-to-remain-competitive_65957.html
December 5, 2014
Myriant (Quincy, MA), a renewable chemicals company, says that it has entered into a three-way joint development agreement with plasticizers producer UPC Technology (Taipei) and...
http://www.chemweek.com/sections/business_finance/asia_pacific/Myriant-UPC-and-Sojitz-to-develop-biosuccinic-acidbased-plasticizers_65845.html
December 5, 2014
Mitsubishi Chemical Holdings, the parent of Mitsubishi Chemical, has revised its earnings and sales forecasts for the full fiscal year ending 31 March 2015. Mitsubishi expects to...
http://www.chemweek.com/sections/business_finance/asia_pacific/Mitsubishi-Chemical-upgrades-earnings-sales-projections_65846.html
December 5, 2014
BASF and Toda Kogyo (Hiroshima, Japan), a leading developer and manufacturer of cathode materials for lithium-ion (Li-ion) batteries, have agreed to form a joint venture for cathode active materials in Japan, BASF says....
http://www.chemweek.com/sections/business_finance/asia_pacific/BASF-Toda-Kogyo-to-form-JV-for-cathode-active-materials_65844.html
November 25, 2014
The China Petroleum and Chemical Industry Federation (CPCIF; Beijing) has formalized its commitment to the International Council of Chemical Associations (ICCA) and has been accepted...
http://www.chemweek.com/sections/business_finance/asia_pacific/China-Petroleum-and-Chemical-Industry-Federation-joins-Responsible-Care-leadership-group-as-full-member_65680.html
November 25, 2014
A report prepared by the International Renewable Energy Agency (Irena; United Arab Emirates), in association with the China National Renewable Energy Centre (CNREC; Beijing), says that...
http://www.chemweek.com/sections/business_finance/asia_pacific/Report-China-could-double-its-use-of-renewable-energy-by-2030_65678.html
November 21, 2014
Orica (Melbourne) announced on 19 November that it has agreed to sell the company’s chemicals business to funds advised by private equity firm Blackstone (New York) for A$750 million...
http://www.chemweek.com/sections/business_finance/asia_pacific/Orica-to-sell-chemicals-unit-to-Blackstone-for-$652-million_65571.html
November 21, 2014
The chemical businesses of Sinopec and PetroChina each report losses for the first nine months of 2014. Sinopec’s chemicals loss has widened, but PetroChina’s chemicals loss has...
http://www.chemweek.com/sections/business_finance/asia_pacific/Sinopec-PetroChina-chemical-businesses-report-losses_65572.html
November 21, 2014
Leading Asia-based companies have posted mixed financial results for the third quarter....
http://www.chemweek.com/sections/business_finance/asia_pacific/Asian-firms-report-mixed-results_65552.html
November 21, 2014
Teijin has announced several initiatives to restructure its money-losing businesses. The measures include permanently shutting down a polycarbonate (PC) resin plant in Singapore and...
http://www.chemweek.com/sections/business_finance/asia_pacific/Teijin-to-shut-polycarbonate-plant-in-Singapore-exit-DMT-business_65553.html
November 21, 2014
BASF and Anhui Huaheng Biotech-nology (Hefei, China) have signed a letter of intent to carry out a feasibility study to build and operate jointly an L-alanine production plant at...
http://www.chemweek.com/sections/business_finance/asia_pacific/BASF-and-Anhui-Huaheng-mull-L-alanine-production-JV-in-China_65573.html
November 21, 2014
Tokuyama says that its Shin Dai-ichi Vinyl (Tokyo) joint venture will permanently close an 80,000-m.t./year polyvinyl chloride (PVC) plant at Chiba, Japan. Tokuyama holds a 71% stake...
http://www.chemweek.com/sections/business_finance/asia_pacific/Tokuyama-to-shut-PVC-plant_65574.html
November 14, 2014
A large majority of the leading Japan-based chemical companies have reported improved earnings for the fiscal first half, ended 30 September. Only Teijin and Tokuyama report big losses...
http://www.chemweek.com/sections/business_finance/asia_pacific/Leading-Japanese-companies-report-improved-earnings_65382.html
October 31, 2014
BASF says that it will expand the capacity of its production plant for <i>tert</i> -butylamine at the Nanjing Chemical Industry Park, in China....
http://www.chemweek.com/sections/business_finance/asia_pacific/BASF-to-expand-tert-butylamine-capacity-at-Nanjing_64953.html
October 31, 2014
National Titanium Dioxide Co. (Cristal; Jeddah, Saudi Arabia) says that it has agreed to acquire the titanium dioxide (TiO2) assets of Jiangxi Tikon Titanium Co. (Fuzhou, China)...
http://www.chemweek.com/sections/business_finance/asia_pacific/Tasnee-subsidiary-Cristal-to-acquire-TiO2-assets-in-China_64954.html
October 31, 2014
Polymer resins producer Nuplex Industries (Auckland) says that it has agreed to sell its agency and distribution business, Nuplex Specialties; and its plastic additives business, Nuplex Masterbatch, to Axieo (Sydney) for A$127.5 million ($113 million)....
http://www.chemweek.com/sections/business_finance/asia_pacific/Nuplex-sells-distribution-masterbatch-businesses_64956.html
October 27, 2014
The Intergovernmental Panel on Climate Change (IPCC; Geneva) today opened its meeting in Copenhagen to finalize its synthesis report, which will provide policymakers with a...
http://www.chemweek.com/sections/business_finance/asia_pacific/IPCC-starts-meeting-to-finalize-its-synthesis-report-a-roadmap-for-policymakers-on-climate-change_64814.html
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