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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
March 16, 2012
Asahi Kasei Chemicals (AKC), an Asahi Kasei subsidiary, says it will exit its Okayama Chemical (Tokyo) 50-50 joint venture with Daiso Co. (Osaka). Okayama Chemical, which was...
http://www.chemweek.com/sections/business_finance/asia_pacific/Asahi-Kasei-Exits-Chlor-Alkali-JV-Builds-Acetonitrile-Plant_41991.html
March 16, 2012
The Chinese government says that the country will establish two or three large rare earth enterprises by consolidating companies in the sector. The government did not disclose a...
http://www.chemweek.com/sections/business_finance/asia_pacific/China-to-Consolidate-Rare-Earth-Companies_41992.html
March 16, 2012
Mitsui & Co. and Sumitomo Corp. have agreed to study plans to integrate their fertilizer businesses in Japan. Mitsui and Sumitomo signed a basic agreement and are exploring the...
http://www.chemweek.com/sections/business_finance/asia_pacific/Mitsui-and-Co-Sumitomo-Corp-to-Merge-Fertilizer-Businesses_41993.html
March 2, 2012
Leading Asian chemical companies reported mixed financial results for the quarter or the full year ended December 31, 2011. LG Chem (Seoul) and SCG Chemicals, the chemical subsidiary...
http://www.chemweek.com/sections/business_finance/asia_pacific/Asian-Chemical-Companies-Report-Mixed-Financial-Results_41714.html
March 2, 2012
Sumitomo Chemical tells CW that it is planning to build an additional solution-polymerized styrene-butadiene rubber (SSBR) manufacturing plant at Jurong Island, Singapore. The second...
http://www.chemweek.com/sections/business_finance/asia_pacific/Sumitomo-to-Build-Second-SSBR-Plant-in-Singapore_41715.html
February 17, 2012
Major Japanese chemical companies reported mixed financial results for the fiscal first nine months ended December 31, 2011. Firms including Mitsubishi Chemical, Asahi Kasei, and...
http://www.chemweek.com/sections/business_finance/asia_pacific/Japanese-Firms-Report-Mixed-Nine-Month-Results_41374.html
February 10, 2012
Lanxess’s semi-crystalline products (SCP) business unit has opened previously announced compounding facilities at the company’s Jhagadia, India site. The plants have a...
http://www.chemweek.com/sections/business_finance/asia_pacific/Lanxess-Opens-Plastics-Facility-Relocated-Units-in-India_41229.html
February 10, 2012
ExxonMobil says it will cut its stake in the company’s TonenGeneral Sekiyu (Tokyo) refining affiliate from 50.5%, to 22% as part of a restructuring of ExxonMobil’s...
http://www.chemweek.com/sections/business_finance/asia_pacific/ExxonMobil-to-Cut-Stake-in-Japan-Downstream-Operations_41228.html
January 27, 2012
Shin-Etsu Chemical says it has established its first two subsidiaries in Vietnam. They are Shin-Etsu Electronics Materials Vietnam for the manufacture of silicone-based materials for...
http://www.chemweek.com/sections/business_finance/asia_pacific/Shin-Etsu-Builds-LED-Material-Rare-Earth-Plants-in-Vietnam_40789.html
January 27, 2012
Ambani: Reduced profits in petrochemicals. Reliance Industries says that net profits for the company’s fiscal third quarter ended December 31, 2011 decreased 13.6% compared with...
http://www.chemweek.com/sections/business_finance/asia_pacific/Reliance-Reports-Fall-in-Quarterly-Profits_40790.html
January 27, 2012
Toray Industries says it has decided to purchase the shares it does not own in Toray Tonen Specialty Separator Godo Kaisha (Nasushiobara, Japan), a 50-50 battery separator film (BSF)...
http://www.chemweek.com/sections/business_finance/asia_pacific/Toray-Buys-ExxonMobil-Out-of-Battery-Separator-JV_40791.html
January 20, 2012
BASF-YPC: The inauguration of the second phase of expansion at Nanjing. BASF and Sinopec plan further investment at the site. BASF-YPC Co., a 50-50 petrochemical joint venture between...
http://www.chemweek.com/sections/business_finance/asia_pacific/BASF-Sinopec-JV-Completes-Expansion-at-Nanjing_40566.html
January 20, 2012
Mitsui Engineering & Shipbuilding (MES; Tokyo) and Toda Kogyo (Otake, Japan) say they will jointly build a facility for the production of lithium iron phosphate (LFP) at MES’s...
http://www.chemweek.com/sections/business_finance/asia_pacific/LFP-Venture-Formed_40567.html
January 20, 2012
Chemical shipping and tank storage company Odfjell says that its Odfjell Terminals Asia (Singapore) subsidiary has a joint venture deal with Tianjin Economic Technology Development...
http://www.chemweek.com/sections/business_finance/asia_pacific/Odfjell-Expands-in-China_40568.html
January 20, 2012
Sinofert (Beijing) says it has entered into an agreement with Sichuan Lomon Corp. (Chengdu, China) and Tibet Longsheng Investment Management to acquire phosphate producer Xundian Lomon...
http://www.chemweek.com/sections/business_finance/asia_pacific/Sinofert-to-Acquire-Phosphate-Producer-in-China_40565.html
January 6, 2012
The Ministry of Commerce (Mofcom; Beijing) has announced China's first batch of rare earth export quotas for 2012, totaling 10,546 m.t. About 11 companies, seven rare earths producers...
http://www.chemweek.com/sections/business_finance/asia_pacific/China-Sets-Rare-Earth-Export-Quota-for-2012_40190.html
January 6, 2012
Prevost: Tianjin site gives competitive advantages. Cabot says it will close permanently its masterbatch plant in Hong Kong by March 31, and relocate production to the company’s...
http://www.chemweek.com/sections/business_finance/asia_pacific/Cabot-to-Close-Hong-Kong-Masterbatch-Plant-Move-Production-to-Tianjin_40191.html
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