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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
October 24, 2014
Reliance Industries says net profits for the company’s fiscal second quarter, ended 30 September, increased 1.7% compared with the same period of the previous year, to about 59.7...
http://www.chemweek.com/sections/business_finance/asia_pacific/Reliance-Industries-reports-slight-increase-in-profits_64706.html
October 24, 2014
Arkema says that it has finalized the creation of Sunke, a previously announced joint venture with Jurong Chemical (Yancheng, China), the leading acrylic acid manufacturer in China....
http://www.chemweek.com/sections/business_finance/asia_pacific/Arkema-finalizes-acrylic-acid-JV-with-Jurong-Chemical-in-China_64707.html
October 24, 2014
A. Schulman says that it has signed a partnership agreement with polymer producer Initz (Ulsan, South Korea) to compound and market Initz’s Ecotran polyphenylene sulfide (PPS)...
http://www.chemweek.com/sections/business_finance/asia_pacific/Schulman-Initz-form-alliance-for-PPS-compounds_64708.html
October 10, 2014
Clariant has agreed to acquire healthcare packaging company VitaPac (Hong Kong). Financial details of the deal have not been disclosed. VitaPac, which was founded in 1995, generated...
http://www.chemweek.com/sections/business_finance/asia_pacific/Clariant-to-acquire-health-care-packaging-firm-VitaPac_64373.html
October 10, 2014
Nippon Shokubai has confirmed plans to expand superabsorbent polymers (SAP) production at the company’s Himeji, Japan, site. SAP capacity at the site will be increased by 50,000 m.t./year, to 370,000 m.t./year, and mechanical completion of the project is expected in June 2016....
http://www.chemweek.com/sections/business_finance/asia_pacific/Nippon-Shokubai-confirms-SAP-expansion-at-Himeji_64372.html
October 10, 2014
Showa Denko, citing the challenging business environment, has decided to dissolve its Showa Esterindo Indonesia (Jakarta) joint venture and terminate its production of ethyl acetate. Showa Esterindo Indonesia was established in 1997 to produce and sell ethyl acetate for the Southeast Asian market....
http://www.chemweek.com/sections/business_finance/asia_pacific/Showa-Denko-to-stop-ethyl-acetate-production-in-Indonesia_64371.html
September 26, 2014
Tokuyama (Tokyo) says it has held an official opening ceremony for two previously announced polysilicon plants at the Samalaju Industrial Park, in Sarawak State, Malaysia. The company...
http://www.chemweek.com/sections/business_finance/asia_pacific/Tokuyama-opens-$1-84-billion-polysilicon-plants-in-Malaysia_63983.html
September 26, 2014
Evonik Industries says it will build a plant to manufacture the company’s Rohacell polymethacrylimide structural foam at Shanghai. The plant is expected to begin operating in the...
http://www.chemweek.com/sections/business_finance/asia_pacific/Evonik-builds-foam-plant-in-China_63982.html
September 26, 2014
Bayer MaterialScience, a Bayer subgroup, says it plans to increase thermoplastic polyurethane (TPU) production capacity at Cuddalore, Tamil Nadu State, India, to meet the continued growth in demand for TPU in the country. The addition of a second TPU production line will increase the capacity at the site from 2,500 m.t./year to 6,000 m.t./year. The expansion is expected to be completed in the second quarter of 2015....
http://www.chemweek.com/sections/business_finance/asia_pacific/Bayer-expands-TPU-production-capacity-at-Cuddalore-India_63980.html
September 26, 2014
Ube Industries says that its wholly owned fine chemicals subsidiary headquartered at Bangkok will build a production facility for polycarbonate diol at its manufacturing site in Rayong...
http://www.chemweek.com/sections/business_finance/asia_pacific/Ube-to-build-polycarbonate-diol-plant-in-Thailand_63981.html
September 17, 2014
Brenntag says it has signed an agreement to acquire the specialty chemicals distribution business of Pioma Chemicals (Mumbai), a leading distributor of specialty excipients and functional ingredients to the pharmaceutical, personal-care, and food industries across India....
http://www.chemweek.com/sections/business_finance/asia_pacific/Brenntag-acquires-specialties-distribution-business-in-India_63708.html
September 15, 2014
The chemical businesses of Sinopec and PetroChina each reports losses for the first half of 2014. Sinopec’s chemicals loss has widened, but PetroChina’s chemicals loss has...
http://www.chemweek.com/sections/business_finance/asia_pacific/Sinopec-and-PetroChina-chemical-units-report-losses_63707.html
September 15, 2014
Evonik Industries says it will expand specialty silica production capacity at Ako, Japan, through its DSL Japan joint venture with Shionogi & Co. (Osaka). Evonik holds a 51% stake...
http://www.chemweek.com/sections/business_finance/asia_pacific/Evonik-JV-to-expand-specialty-silica-capacity-in-Japan_63709.html
August 29, 2014
Leading Japan-based chemical companies report mixed financial results for the fiscal first quarter, ended 30 June. Companies including Sumitomo Chemical, Toray Industries, Shin-Etsu...
http://www.chemweek.com/sections/business_finance/asia_pacific/Leading-Japanese-companies-report-mixed-results_63435.html
August 15, 2014
Taiwanese authorities are investigating the role of LCY Chemical in a series of explosions at Kaohsiung on the night of 31 July that killed 30 people and injured more than 300. The...
http://www.chemweek.com/sections/business_finance/asia_pacific/Taiwan-to-investigate-LCY-following-propylene-explosions_63163.html
August 15, 2014
Kraton Performance Polymers says that it has received notice from LCY Chemical (Taipei) that LCY has terminated their merger agreement following the Kraton board earlier withdrawing...
http://www.chemweek.com/sections/business_finance/asia_pacific/LCY-terminates-merger-agreement-with-Kraton_63162.html
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