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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
April 6, 2012
Shin-Etsu Chemical says it has established a wholly owned subsidiary, Shin-Etsu Changting Technology Co. (Longyan, China), to manufacture magnet alloys, an intermediate material for...
http://www.chemweek.com/sections/business_finance/asia_pacific/Shin-Etsu-Builds-Alloys-Plant-In-China-for-Rare-Earth-Magnets_42496.html
April 6, 2012
The chemicals segment of Sinopec, and the refining and chemicals business of PetroChina, reported mixed financial results for full-year 2011. Fourth-quarter results were not disclosed...
http://www.chemweek.com/sections/business_finance/asia_pacific/Sinopec-and-PetroChina-Report-Mixed-Results_42495.html
March 23, 2012
SK Global Chemical, the petrochemical business of SK Innovation (Seoul), formerly SK Energy, says it will build an ethylene propylene diene monomer (EPDM) rubber plant at Ningbo...
http://www.chemweek.com/sections/business_finance/asia_pacific/SK-Global-Chemical-to-Build-EPDM-Plant-in-China_42162.html
March 23, 2012
Yara Pilbara Site: The new technical ammonium nitrate plant will source ammonia from this site. Orica (Melbourne) says it has signed an agreement with Yara International and Apache...
http://www.chemweek.com/sections/business_finance/asia_pacific/Orica-Joins-Yara-Apache-Ammonium-Nitrate-Project-in-Australia_42163.html
March 23, 2012
SCG Chemicals, the chemical subsidiary of Siam Cement Group (SCG; Bangkok), says it has acquired additional shares in polyvinyl chloride producer Thai Plastic and Chemicals (TPC...
http://www.chemweek.com/sections/business_finance/asia_pacific/Siam-Cement-Further-Increases-Stake-in-Thai-Plastic-and-Chemicals_42164.html
March 23, 2012
Ube Industries has downgraded its sales and earnings forecasts for the fiscal year ending March 31, 2012. Ube expects to record net profits of ¥21 billion ($251 million), having...
http://www.chemweek.com/sections/business_finance/asia_pacific/Ube-Downgrades-Earnings-and-Sales-Projections_42165.html
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