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July 20, 2012
Brenntag has agreed to acquire ISM/Salkat Group (Highett, Australia), a leading distributor of specialty chemicals in Australia and New Zealand. Financial details of the deal were not...
http://www.chemweek.com/sections/business_finance/asia_pacific/Brenntag-Acquires-Distributor-in-Australia-and-New-Zealand_44923.html
July 20, 2012
Jamnagar: Plans for world's largest aromatics complex. Reliance Industries has awarded two major contracts for the company’s previously announced projects to expand...
http://www.chemweek.com/sections/business_finance/asia_pacific/Reliance-Awards-Contracts-for-Petchem-Projects-at-Jamnagar_44921.html
July 20, 2012
OCI (Seoul), formerly DC Chemical, has suspended construction on the company’s fourth and fifth polysilicon plants in Korea “due to the severe market condition and the...
http://www.chemweek.com/sections/business_finance/asia_pacific/OCI-Halts-Two-Polysilicon-Projects-in-Korea-Citing-Oversupply_44922.html
July 11, 2012
The Chinese government has released a new plan to improve food safety regulations. China currently has more than 2,000 national regulations on food and more than 2,900 industry-based...
http://www.chemweek.com/sections/business_finance/asia_pacific/China-Announces-Plan-to-Improve-Food-Safety_44635.html
July 6, 2012
Kamei: Securing strong market position. Teijin says that its wholly owned subsidiary Toho Tenax (Tokyo), which is involved in the carbon fibers and composites business, will develop...
http://www.chemweek.com/sections/business_finance/asia_pacific/Teijin-to-Grow-Composite-Business-in-India_44636.html
July 6, 2012
Tosoh says it has increased production capacity for the specialty rubber chlorosulfonated polyethylene (CSM) by 1,000 m.t./year at the company’s Nanyo complex at Shunan, Japan...
http://www.chemweek.com/sections/business_finance/asia_pacific/Tosoh-Completes-CSM-Capacity-Hike_44637.html
June 22, 2012
Chatterjee: Held discussions with Indian Oil and MRPL, each keen to establish a majority stake. Indian Oil (New Delhi) and Mangalore Refinery & Petrochemicals Ltd. (MRPL), a...
http://www.chemweek.com/sections/business_finance/asia_pacific/Indian-Oil-and-MRPL-in-Talks-to-Buy-Haldia-Petrochemicals_44353.html
June 22, 2012
Offstream: Many units at Iwakuni-Ohtake are idle. Mitsui Chemicals says that some of the plants at the company’s Iwakuni-Ohtake production complex at Waki, Japan that were...
http://www.chemweek.com/sections/business_finance/asia_pacific/Some-Mitsui-Plants-at-Iwakuni-Ohtake-Site-to-Restart-in-July_44354.html
June 15, 2012
Rebalancing Act: Capacities will be reduced at Mitsubishi’s Kashima complex. Mitsubishi Chemical says it will close permanently the company’s No. 1 naphtha cracker at...
http://www.chemweek.com/sections/business_finance/asia_pacific/Mitsubishi-Chemical-to-Close-Kashima-Cracker_44187.html
June 15, 2012
Mitsui Chemicals has embarked on a major restructuring program for its polyurethanes (PU) business, which will involve sourcing isocyanates and other PU intermediates from Sabic and...
http://www.chemweek.com/sections/business_finance/asia_pacific/Mitsui-Chemicals-Restructures-PU-Business-Closes-Chiba-PPG-Plant_44160.html
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
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