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March 8, 2013
Methanex plans to increase methanol capacity in New Zealand by 700,000 m.t./year, to 2.2 million m.t./year, by the end of 2013. The company has secured a new natural gas supply...
http://www.chemweek.com/sections/business_finance/asia_pacific/Methanex-to-restart-and-increase-methanol-capacity-in-New-Zealand_50346.html
March 8, 2013
Mitsubishi Chemical has lowered its financial targets for the fiscal year ending 31 March 2016 because of a deterioration in the business environment. The revised targets form part of...
http://www.chemweek.com/sections/business_finance/asia_pacific/Mitsubishi-Chemical-lowers-2016-targets_50347.html
March 1, 2013
Schnur: Significant step in expanding CPVC business. Lubrizol and Sekisui Chemical (Tokyo) say they have agreed to establish a joint venture company in Thailand to manufacture...
http://www.chemweek.com/sections/business_finance/asia_pacific/Lubrizol-Sekisui-form-JV-for-Thai-manufacture-of-chlorinated-PVC_50144.html
March 1, 2013
The Chinese government has issued a list of chemicals and industries for which chemical pollution prevention and control efforts will be prioritized by 2015....
http://www.chemweek.com/sections/business_finance/asia_pacific/China-blacklists-58-chemicals-on-environmental-grounds_50143.html
February 15, 2013
Most of the leading Japanese chemical companies report lower earnings and sales for the fiscal first nine months ended 31 December 2012. The slowing global economy; weak demand in...
http://www.chemweek.com/sections/business_finance/asia_pacific/Japanese-companies-report-lower-earnings-and-sales_49849.html
February 8, 2013
Chiba plant: Sumitomo to close the 415,000-m.t./year ethylene plant by September 2015. Sumitomo Chemical says it has decided to close permanently its 415,000-m.t./year ethylene plant...
http://www.chemweek.com/sections/business_finance/asia_pacific/Sumitomo-Chemical-to-close-ethylene-plant-at-Chiba_49654.html
February 8, 2013
Leading Korean chemical companies reported mixed financial results for the fourth quarter of 2012. LG Chem posted a 22.5% decline in net profits for the fourth quarter compared with...
http://www.chemweek.com/sections/business_finance/asia_pacific/Korean-companies-report-mixed-results-for-the-fourth-quarter_49655.html
January 25, 2013
Australia’s only producer of soda ash, Penrice Soda Holdings (Adelaide), has announced that it will permanently close its money-losing soda ash manufacturing facility in June...
http://www.chemweek.com/sections/business_finance/asia_pacific/Penrice-to-close-Australias-only-soda-ash-plant_49262.html
January 25, 2013
Ambani: Petrochemicals margin expansion. Reliance Industries says that net profits for the company’s fiscal third quarter, ended 31 December 2012, increased 23.9% compared with...
http://www.chemweek.com/sections/business_finance/asia_pacific/Reliance-Industries-reports-rise-in-quarterly-profits_49263.html
January 25, 2013
BASF and Petronas say they have decided to terminate their previously announced heads of agreement (HOA) for a possible joint venture within Petronas’s $20-billion refinery and...
http://www.chemweek.com/sections/business_finance/asia_pacific/BASF-Petronas-halt-plans-for-jv-within-Rapid-project_49264.html
January 18, 2013
The municipal government of Changzhi, China, has come under severe criticism for taking six days to report an aniline leak from a production plant operated by Tianji Coal Chemical...
http://www.chemweek.com/sections/business_finance/asia_pacific/Delay-in-reporting-aniline-leak-in-China-causes-uproar_49062.html
January 18, 2013
Fullerene: A promising material in the field of organic electronics, especially organic photovoltaic cells. Showa Denko and Mitsubishi Corp. say they have entered into a strategic...
http://www.chemweek.com/sections/business_finance/asia_pacific/Showa-Denko-Mitsubishi-Corp-form-fullerene-partnership_49063.html
January 18, 2013
Sinochem (Beijing) says that its Sinochem Fertilizer (Beijing) unit signed two cooperation agreements with Royal Dutch Shell, according to which the two companies will collaborate on...
http://www.chemweek.com/sections/business_finance/asia_pacific/Sinochem-Shell-sign-deal-for-sulfur-enhanced-fertilizers_49064.html
January 11, 2013
DIC (Tokyo) says its wholly owned printing inks manufacturing and sales subsidiary DIC Graphics (Jakarta) has acquired the phthalocyanine blue crude and pigments...
http://www.chemweek.com/sections/business_finance/asia_pacific/DIC-acquires-pigments-business-in-Indonesia_48832.html
January 11, 2013
Capacity bounce: ExxonMobil's new metallocene elastomers unit in Singapore. ExxonMobil Chemical says it has commenced start-up operations at the company’s 1-million m.t./year...
http://www.chemweek.com/sections/business_finance/asia_pacific/ExxonMobil-commissions-Singapore-petchem-expansion_48830.html
January 11, 2013
Mitsui Chemicals says it decided to not resume production of resorcinol at the company’s Iwakuni-Ohtake production complex at Waki, Japan. Mitsui says that, as a result, it...
http://www.chemweek.com/sections/business_finance/asia_pacific/Accident-forces-Mitsui-Chemicals-to-exit-resorcinol-business_48831.html
January 3, 2013
Mitsubishi Rayon says it has formed an alliance with SK Chemicals (Songnam, Korea) to develop and expand the companies’ carbon fiber prepreg business in Asia. Mitsubishi Rayon...
http://www.chemweek.com/sections/business_finance/asia_pacific/Mitsubishi-Rayon-and-SK-Chemicals-form-alliance_48541.html
January 3, 2013
The Indian government has approved the country’s long-awaited urea investment policy, designed to encourage companies to build production plants and expand existing units. The...
http://www.chemweek.com/sections/business_finance/asia_pacific/Indian-government-approves-urea-project-investment-policy_48540.html
January 3, 2013
Asahi Glass says it has agreed to buy Adeka’s (Tokyo) share in Kashima Chemical (Kamisu, Japan), a producer of epichlorohydrin and allyl chloride. Kashima Chemical, following the...
http://www.chemweek.com/sections/business_finance/asia_pacific/Asahi-Glass-buys-Adeka-out-of-Kashima-Chemical_48539.html
January 3, 2013
The Chinese government says it will allocate a special fund from its central budget to support the restructuring of China’s rare earth industry. The money will be used to finance...
http://www.chemweek.com/sections/business_finance/asia_pacific/China-announces-fund-to-support-rare-earth-industry_48538.html
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