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July 12, 2013
DIC (Tokyo) and Hitachi Chemical (Tokyo) say that DIC will acquire Hitachi’s 50% stake in the companies’ DH Material (Tokyo) joint venture and that DH Material will become...
http://www.chemweek.com/sections/business_finance/asia_pacific/DIC-buys-Hitachi-Chemical-out-of-polyester-resins-JV_53536.html
July 12, 2013
Toray Industries and its Toray Advanced Materials Korea (TAK; Seoul) subsidiary have decided to expand high-performance polypropylene (PP) spunbond production capacity at Nantong...
http://www.chemweek.com/sections/business_finance/asia_pacific/Toray-to-expand-polypropylene-spunbond-capacity-in-China_53533.html
June 28, 2013
SGL Group (Wiesbaden, Germany) and Samsung Petrochemical have entered into a partnership for carbon fiber composite materials through the establishment of a marketing and sales joint...
http://www.chemweek.com/sections/business_finance/asia_pacific/SGL-and-Samsung-form-carbon-composite-materials-JV_53253.html
June 28, 2013
Asahi Kasei Chemicals has agreed to buy DuPont out of Asahi-DuPont POM (ADZ; Zhangjiagang, China), an equally owned joint venture for the production and marketing of polyacetal (POM)...
http://www.chemweek.com/sections/business_finance/asia_pacific/Asahi-Kasei-buys-DuPont-out-of-polyacetal-joint-venture-in-China_53254.html
June 28, 2013
Tosoh says it has decided to close one of the three ethylene amines production lines at the Nanyo complex at Shunan, Japan. Recent additions of ethylene amine capacity worldwide have...
http://www.chemweek.com/sections/business_finance/asia_pacific/Tosoh-closes-ethylene-amines-plant-citing-oversupply_53255.html
June 28, 2013
Chandra Asri Petrochemical (Jakarta) and tire maker Michelin (Clermont-Ferrand, France) have signed an agreement to create a joint venture in Indonesia to produce synthetic rubber...
http://www.chemweek.com/sections/business_finance/asia_pacific/Chandra-Asri-and-Michelin-form-synthetic-rubber-JV_53256.html
June 21, 2013
Ineos Barex, a subsidiary of Ineos, has agreed to acquire Mitsui Chemicals’ polyacrylonitrile (PAN) business, including PAN resin and Zexlon film, Ineos says. The deal...
http://www.chemweek.com/sections/business_finance/asia_pacific/Ineos-to-buy-Mitsui-Chemicals-polyacrylonitrile-business_52936.html
June 21, 2013
DuPont says it has signed a new, 1-year, $100-million agreement with Yingli Energy China, a wholly owned subsidiary of leading solar energy company Yingli Green Energy (Baoding, China), that includes the supply of advanced solar materials, the installation of a solar power plant, and comarketing initiatives aimed at accelerating the broader and faster adoption of solar energy....
http://www.chemweek.com/sections/business_finance/asia_pacific/DuPont-and-Yingli-sign-new-$100-million-PV-materials-deal_52937.html
June 21, 2013
The petrochemical businesses of state-owned energy companies in India report sales increases in the fiscal fourth quarter, ended 31 March. Earnings figures for the businesses have not...
http://www.chemweek.com/sections/business_finance/asia_pacific/Petchem-businesses-of-Gail-Indian-Oil-report-sales-rises_52938.html
June 13, 2013
Evonik Industries has opened a technical center in Singapore for its comfort and insulation business line, the company says. The center is the business unit's fifth laboratory globally...
http://www.chemweek.com/sections/business_finance/asia_pacific/Evonik-opens-technical-service-center-in-Singapore_52816.html
June 7, 2013
BASF says it will invest €10 billion ($13 billion) in Asia/Pacific in 2013–20 to achieve annual sales of €25 billion in that region by 2020....
http://www.chemweek.com/sections/business_finance/asia_pacific/BASF-to-invest-&euro10-billion-in-Asia-in-2013-20_52614.html
June 7, 2013
Lanxess held an official inauguration ceremony last week for a world-scale butyl rubber production facility at Jurong Island, Singapore....
http://www.chemweek.com/sections/business_finance/asia_pacific/Lanxess-inaugurates-butyl-rubber-plant-in-Singapore_52617.html
May 31, 2013
Air Liquide says it has acquired a 73.3% stake in Healthy Sleep Solutions (Sydney), a leading player in the field of diagnoses and treatments for patients with sleep disorders, notably sleep apnea. Financial details of the deal have not been disclosed. Healthy Sleep Solutions, founded in 2007,...
http://www.chemweek.com/sections/business_finance/asia_pacific/Air-Liquide-acquires-home-healthcare-firm-in-Australia_52398.html
May 31, 2013
Petronas Chemicals (Kuala Lumpur) reports a 10.2% rise in profits for the first quarter of 2013 compared with the year-ago quarter, to 1.23 billion ringgit ($406 million), mainly due...
http://www.chemweek.com/sections/business_finance/asia_pacific/Petronas-Chemicals-reports-rise-in-profits_52399.html
May 31, 2013
Ube Industries has unveiled a medium-term management plan covering the next three years. Ube is targeting operating profits of ¥55 billion ($540 million) in the fiscal year ending...
http://www.chemweek.com/sections/business_finance/asia_pacific/Ube-announces-business-plan-to-invest-$1-37-billion-in-3-years_52397.html
May 23, 2013
SCG Chemicals, the chemical subsidiary of Siam Cement Group (SCG; Bangkok), reports a more than doubling in profits for the first quarter of 2013 compared with the year-ago quarter, to...
http://www.chemweek.com/sections/business_finance/asia_pacific/Siam-Cements-chemicals-unit-reports-huge-rise-in-profits_51673.html
May 23, 2013
Leading Korean chemical companies report mixed financial results for the first quarter of 2013. LG Chem posted a 10.6% decline in net profits for the first quarter compared with the...
http://www.chemweek.com/sections/business_finance/asia_pacific/Korean-companies-report-mixed-results-for-the-first-quarter_51672.html
May 23, 2013
BASF and Petronas Chemicals say they will invest a total of $500 million in an integrated aroma ingredients project at the companies’ BASF Petronas Chemicals joint venture site in the Gebeng Industrial Zone at Kuantan, Malaysia....
http://www.chemweek.com/sections/business_finance/asia_pacific/BASF-Petronas-to-build-aroma-ingredients-facility-in-Malaysia_51671.html
May 21, 2013
Most leading Japanese chemical companies reported lower earnings and sales for the fiscal year, ended 31 March. The slowing global economy; weak demand in overseas markets, including...
http://www.chemweek.com/sections/business_finance/asia_pacific/Japanese-companies-report-lower-earnings_52092.html
April 26, 2013
Asahi Kasei Chemicals (AKC), an Asahi Kasei subsidiary, says it will expand capacity for the company’s Duranate hexamethylene diisocyanate (HDI)–based polyisocyanate at...
http://www.chemweek.com/sections/business_finance/asia_pacific/Asahi-boosts-HDI-based-polyisocyanate-in-China_51431.html
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