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September 6, 2013
The chemical businesses of Sinopec and PetroChina report losses for the first half of 2013. Sinopec’s chemicals loss narrowed, however. Sinopec’s chemicals business reports...
September 6, 2013
PTT Global Chemical (PTTGC; Bangkok) says it has signed a memorandum of understanding (MOU) with Sinochem (Beijing), under which the companies will explore potential joint investments in specialty chemical and petrochemical projects in China and other parts of the world, as well as in sales and marketing. The MOU builds on a memorandum of cooperation signed by the companies in August 2012....
September 6, 2013
Petronas Group (Kuala Lumpur), the parent of Petronas Chemicals, reports a 4% drop in second-quarter pretax profit, to 21.98 billion ringgit ($6.64 billion), on revenues 5% higher, at...
August 29, 2013
Evonik Industries has opened an expanded plant for the production of raw materials and additives for personal- and household-care at Bekasi, Indonesia. The company says that it is...
August 23, 2013
Asahi Glass says it will invest about ¥40 billion ($406 million) to increase production capacity for chlor-alkali products and derivatives at the manufacturing site of the...
August 23, 2013
Indorama Ventures (Bangkok) reports a 53.3% fall in net profits for the second quarter of 2013 compared with the year-ago quarter, to $7 million....
August 23, 2013
Leading South Korean chemical companies report mixed financial results for the second quarter of 2013. LG Chem posted a 7.2% increase in net profits for the second quarter compared...
August 9, 2013
Most of the leading Japanese chemical companies have swung to profit or report higher earnings for the fiscal first quarter ended, 30 June. The depreciation of the Japanese currency...
July 26, 2013
Evonik Industries says it is significantly expanding precipitated silica capacity at the company’s production site at Map Ta Phut....
July 26, 2013
Reliance Industries says net profits for its fiscal first quarter, ended 30 June, increased 18.8% compared with the same period of the previous year, to about 53.5 billion Indian...
July 26, 2013
Sinopec says it has signed a cooperation framework agreement with Wanhua Chemical Group (Yantai, China), formerly Yantai Wanhua Polyurethanes, from 2013 until 2018. Yantai Wanhua...
July 12, 2013
Clariant and agrobusiness group Wilmar International (Singapore) say they have received the relevant clearances to establish their previously announced 50-50 amines joint venture. The...
July 12, 2013
DSM says it has acquired Unitech Industries (Auckland), a producer of nutritional products for the human and animal markets. Unitech has annual sales of about 50 million New Zealand dollars ($39 million), DSM says...
July 12, 2013
DIC (Tokyo) and Hitachi Chemical (Tokyo) say that DIC will acquire Hitachi’s 50% stake in the companies’ DH Material (Tokyo) joint venture and that DH Material will become...
July 12, 2013
Toray Industries and its Toray Advanced Materials Korea (TAK; Seoul) subsidiary have decided to expand high-performance polypropylene (PP) spunbond production capacity at Nantong...
June 28, 2013
SGL Group (Wiesbaden, Germany) and Samsung Petrochemical have entered into a partnership for carbon fiber composite materials through the establishment of a marketing and sales joint...
June 28, 2013
Asahi Kasei Chemicals has agreed to buy DuPont out of Asahi-DuPont POM (ADZ; Zhangjiagang, China), an equally owned joint venture for the production and marketing of polyacetal (POM)...
June 28, 2013
Tosoh says it has decided to close one of the three ethylene amines production lines at the Nanyo complex at Shunan, Japan. Recent additions of ethylene amine capacity worldwide have...
June 28, 2013
Chandra Asri Petrochemical (Jakarta) and tire maker Michelin (Clermont-Ferrand, France) have signed an agreement to create a joint venture in Indonesia to produce synthetic rubber...
June 21, 2013
Ineos Barex, a subsidiary of Ineos, has agreed to acquire Mitsui Chemicals’ polyacrylonitrile (PAN) business, including PAN resin and Zexlon film, Ineos says. The deal...
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