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June 15, 2012
Ambani: Aspiring to be among the five largest and most profitable petchems producers focused on the Indian market. Reliance Industries has announced that it will invest Rs1 trillion...
http://www.chemweek.com/sections/business_finance/asia_pacific/Reliance-to-Invest-$18-Billion-Aims-to-Double-Profit_44161.html
June 15, 2012
Altana (Wesel, Germany) says its Elantas electrical insulation division has signed an agreement with Changzhou Lantian Ruiqi Chemical Co. (Changzhou, China) to acquire Changzhou...
http://www.chemweek.com/sections/business_finance/asia_pacific/Altana-Acquires-in-China_44186.html
June 15, 2012
Sibur (Moscow) and Sinopec signed a cooperation agreement earlier this month, which will form the basis for the creation of a previously announced joint venture for the production of...
http://www.chemweek.com/sections/business_finance/asia_pacific/Sibur-and-Sinopec-Move-Ahead-with-Synthetic-Rubber-JV-in-China_44188.html
June 11, 2012
Major Japanese chemical companies reported mixed financial results for the fiscal year ended March 31, 2012. Firms including Mitsubishi Chemical, Sumitomo Chemical, Asahi Kasei, and...
http://www.chemweek.com/sections/business_finance/asia_pacific/Japanese-Firms-Report-Mixed-Full-Year-Results_43489.html
June 1, 2012
United We Stand: Speakers at the APIC event said that 2016 would be the next peak of the petrochemical industry cycle. Speakers at the Asia Petrochemical Industry Conference (APIC)...
http://www.chemweek.com/sections/business_finance/asia_pacific/APIC-2012-Asia-Is-a-Bright-Spot-Amid-Global-Uncertainty_43832.html
June 1, 2012
The Ministry of Commerce (Mofcom; Beijing) has announced China’s second batch of rare earth export quotas for 2012, totaling 10,680 m.t. About 12 companies that passed tests...
http://www.chemweek.com/sections/business_finance/asia_pacific/China-Sets-Latest-Batch-of-Rare-Earth-Export-Quotas_43852.html
June 1, 2012
W.R. Grace says it has agreed to purchase fluid catalytic cracking (FCC) catalyst production assets operated by Noblestar Catalysts (Qingdao, China) at Qingdao, giving Grace immediate...
http://www.chemweek.com/sections/business_finance/asia_pacific/Grace-Buys-Chinese-Catalysts-Plant_43853.html
June 1, 2012
Indorama Ventures (Bangkok) reported an 85% fall in net profits for the first quarter of 2012 compared with the year-ago period, to $55 million. First-quarter sales increased 27.7%, to...
http://www.chemweek.com/sections/business_finance/asia_pacific/Indorama-Reports-Huge-Fall-in-First-Quarter-Profits_43854.html
May 11, 2012
Leading Korean chemical companies reported falling profits in the first quarter of 2012. LG Chem (Seoul) posted a 42% fall in net profits for the first quarter, compared with the...
http://www.chemweek.com/sections/business_finance/asia_pacific/Korean-Firms-Report-Falling-Profits_43284.html
May 11, 2012
Sirisaengtaksin: Took over on May 1. PTT Global Chemical (Bangkok), Thailand’s largest integrated petrochemical and refining company, says its board has appointed Anon...
http://www.chemweek.com/sections/business_finance/asia_pacific/PTT-Global-Appoints-New-CEO_43285.html
May 11, 2012
Mitsui Chemicals has announced that its top executives will forfeit a part of their remuneration “as a sense of responsibility” following a recent accident at the...
http://www.chemweek.com/sections/business_finance/asia_pacific/Mitsui-Executives-Forfeit-Pay-Following-Explosion_43286.html
May 11, 2012
Sinopec’s chemicals segment, and the refining and chemicals business of PetroChina, each reported weak financial results for the first quarter of 2012. Sinopec’s chemicals...
http://www.chemweek.com/sections/business_finance/asia_pacific/Weak-First-Quarter-for-Sinopec-and-PetroChina_43283.html
April 27, 2012
Mitsui Chemicals says that a fire broke out following an explosion on April 22 at a resorcinol plant at the company’s Iwakuni-Ohtake production complex at Waki, Japan. The blast...
http://www.chemweek.com/sections/business_finance/asia_pacific/Mitsui-Plant-Fire-Kills-One-Injures-21-Production-Halted_42982.html
April 27, 2012
Reliance Industries says net profits for its fiscal fourth quarter ended March 31, 2012 decreased 21.2% compared with the same period of the previous year, to about Rs42.3 billion...
http://www.chemweek.com/sections/business_finance/asia_pacific/Reliance-Industries-Reports-Fall-in-Quarterly-Profits_42983.html
April 27, 2012
Ube Industries says it has reached an agreement with Henan Zhongyuan Dahua Group (Puyang, China) and HighChem Co. (Tokyo), to establish a joint venture in China for manufacturing...
http://www.chemweek.com/sections/business_finance/asia_pacific/Ube-Forms-China-Dimethyl-Carbonate-Venture_42984.html
April 20, 2012
BASF says it will spend €150 million ($197 million) to build a manufacturing site at Dahej on the western coast of India. The site will include facilities for producing polyurethanes...
http://www.chemweek.com/sections/business_finance/asia_pacific/BASF-Invests-150-Million-to-Build-Site-at-Dahej-India_42778.html
April 20, 2012
Kuraray has launched a business plan for the three-year period ending March 31, 2015, targeting a 47% rise in sales over the period. The company aims to record sales of ¥550 billion...
http://www.chemweek.com/sections/business_finance/asia_pacific/Kuraray-Announces-New-Three-Year-Business-Plan-Targets_42779.html
April 20, 2012
Mitsui Chemicals says its Mitsui Chemicals Tohcello (Tokyo) subsidiary has agreed to establish a joint venture with SCG Chemicals, the chemical subsidiary of Siam Cement Group (SCG...
http://www.chemweek.com/sections/business_finance/asia_pacific/Mitsui-and-SCG-Form-LLDPE-Film-Venture-in-Thailand_42780.html
April 20, 2012
Mitsubishi Gas Chemical (MGC) says that its Korea Engineering Plastics (KEP; Seoul) affiliate will expand capacity of its polyacetal production facility at Ulsan, Korea by 35,000...
http://www.chemweek.com/sections/business_finance/asia_pacific/Korea-Engineering-Plastics-to-Increase-Polyacetal-Capacity_42781.html
April 6, 2012
Fleming: To produce extractant products. Cytec Industries says it has acquired the manufacturing assets of specialty chemicals firm Star Orechem International (Nagpur, India) at Nagpur...
http://www.chemweek.com/sections/business_finance/asia_pacific/Cytec-Acquires-Production-Assets-in-India_42497.html
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