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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
December 14, 2012
Chengdu Tianqi Industry Group (Tianqi; Chengdu, China) has reached an agreement with Talison Lithium (Perth, Australia) to purchase Talison for C$847 million ($855 million), or...
http://www.chemweek.com/sections/business_finance/asia_pacific/Talison-Lithium-accepts-revised-bid-from-Tianqi_48313.html
December 14, 2012
ForstbacH: The firm will continue to be a supplier. Altana (Wesel, Germany) says its Elantas electrical insulation division and Changzhou Lantian Ruiqi Chemical (Changzhou, China) have...
http://www.chemweek.com/sections/business_finance/asia_pacific/Altana-abandons-purchase-of-isocyanurate-assets-in-China_48314.html
December 14, 2012
Sinochem (Beijing) says that Sinochem Lantian Honeywell—a joint venture between Honeywell and Sinochem—has broken ground on a previously announced project to produce...
http://www.chemweek.com/sections/business_finance/asia_pacific/Honeywell-Sinochem-jv-breaks-ground-on-China-plant_48315.html
November 30, 2012
Indorama Ventures (Bangkok) tells CW that the company’s previously announced petrochemical project in India, consisting of plants producing purified terephthalic acid...
http://www.chemweek.com/sections/business_finance/asia_pacific/Indoramas-India-project-to-be-located-in-Tamil-Nadu_47998.html
November 30, 2012
The Chinese government has stepped up its policy of investigating the possible dumping of chemical products in China by overseas exporters and imposing antidumping duties, following...
http://www.chemweek.com/sections/business_finance/asia_pacific/China-acts-against-dumping_47995.html
November 30, 2012
Bukom Island site: Capacity will rise by 20%. Royal Dutch Shell says it has taken a final investment decision to debottleneck its steam cracker at Bukom Island, Singapore. The project...
http://www.chemweek.com/sections/business_finance/asia_pacific/Shell-proceeds-with-cracker-hike_47996.html
November 30, 2012
The Ministry of Economy, Trade and Industry (METI; Tokyo) says it has signed an intergovernmental memorandum with India for the joint production and export of rare earths by companies...
http://www.chemweek.com/sections/business_finance/asia_pacific/India-Japan-sign-rare-earths-deal_47997.html
November 16, 2012
Leading Asian chemical companies reported mixed financial results for the quarter ended 30 September 2012. SK Global Chemical, the petrochemical business of SK Innovation (Seoul)...
http://www.chemweek.com/sections/business_finance/asia_pacific/Asian-chemical-companies-report-mixed-financial-results_47726.html
November 16, 2012
Nippon Shokubai says that operations at all of the production facilities at the company’s manufacturing complex at Himeji, Japan, remain suspended following an explosion and fire...
http://www.chemweek.com/sections/business_finance/asia_pacific/Nippon-Shokubais-Himeji-complex-remains-offline_47727.html
November 9, 2012
Most of the leading Japanese chemical companies reported lower earnings and sales for the fiscal first half, ended 30 September 2012. The slowing global economy; weak demand in...
http://www.chemweek.com/sections/business_finance/asia_pacific/Japanese-firms-report-lower-sales-and-earnings_47552.html
November 9, 2012
Brudermüller: Key role played by innovation. BASF has inaugurated its first innovation campus in Asia/Pacific and its new Greater China headquarters, at the company’s Pudong...
http://www.chemweek.com/sections/business_finance/asia_pacific/BASF-inaugurates-large-innovation-hub-at-Shanghai_47553.html
November 9, 2012
local authorities have ordered construction work to be suspended on a large-scale para -xylene ( p -xylene) plant near the eastern Chinese city of Ningbo, following massive...
http://www.chemweek.com/sections/business_finance/asia_pacific/China-suspends-p-xylene-project-in-Zhenhai-following-protests_47554.html
October 26, 2012
Yosu site: LG Chem's petrochemical complex. Leading Korean chemical companies reported falling profits for the third quarter of 2012. LG Chem posted a 10% decline in net profits for...
http://www.chemweek.com/sections/business_finance/asia_pacific/Korean-companies-report-falling-third-quarter-profits_47207.html
October 26, 2012
Reliance Industries says net profits for its fiscal second quarter, ended 30 September 2012, decreased 5.7% compared with the same period of the previous year, to about 53.7 billion...
http://www.chemweek.com/sections/business_finance/asia_pacific/Reliance-Industries-reports-decline-in-quarterly-profits_47208.html
October 12, 2012
The Ministry of Environmental Protection (MEP; Beijing) says that Sinopec has asked three of its subsidiaries in Guangdong Province, China to suspend operations temporarily due to...
http://www.chemweek.com/sections/business_finance/asia_pacific/Sinopec-temporarily-shuts-three-petchem-units_46830.html
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