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March 11, 2011
Sumitomo Chemical says its board has appointed Masakazu Tokura as the company’s next president effective April 1, 2011. He succeeds Hiroshi Hirose, who will become director and vice...
http://www.chemweek.com/sections/business_finance/asia_pacific/Sumitomo-Appoints-New-President_33337.html
February 25, 2011
DSM says it has signed an agreement to acquire a majority stake in Shandong ICD High Performance Fibre (ICD; Laiwu, China). ICD is a manufacturer of ultra-high molecular weight...
http://www.chemweek.com/sections/business_finance/asia_pacific/DSM-Buys-Stake-in-UHMW-PE-Fiber-Manufacturer-in-China_33018.html
February 25, 2011
DIC Corp. (Tokyo) recorded a 93% rise in net profits for the fiscal third quarter ended December 31, 2010 to ¥4.4 billion ($53 million), compared with the year-ago period...
http://www.chemweek.com/sections/business_finance/asia_pacific/DIC-Reports-Rise-in-Earnings-Showa-Denko-Swings-to-Profit_33019.html
February 25, 2011
Jhagadia: Invested €60 million at the site so far. Lanxess says it will relocate the manufacture of products including leather chemicals and material protection products, as well...
http://www.chemweek.com/sections/business_finance/asia_pacific/Lanxess-to-Relocate-Facilities-in-India_33020.html
February 25, 2011
Chemical company Atul (Valsad, India) says it has formed a 50-50 joint venture with dyestuffs firm M Dohmen (San Vittore, Switzerland). The jv will enable Atul to offer to its...
http://www.chemweek.com/sections/business_finance/asia_pacific/Atul-Forms-Dyestuffs-JV-with-Swiss-Company_33021.html
February 11, 2011
Major Japanese chemical companies swung to profit or reported huge rises in earnings, and posted higher sales for the nine months ended December 31, 2010 mainly due to stronger demand...
http://www.chemweek.com/sections/business_finance/asia_pacific/Major-Japanese-Firms-Report-Higher-Earnings-and-Sales_32739.html
January 28, 2011
Name: Tong Suh Petrochemical's acrylonitrile plant at Ulsan, Korea. Asahi Kasei Chemicals (AKC), an Asahi Kasei subsidiary, says it will construct a world-scale plant for the...
http://www.chemweek.com/sections/business_finance/asia_pacific/Asahi-Kasei-to-Build-Large-Acrylonitrile-Plant-in-Korea_32453.html
January 28, 2011
Ambani: Petrochemical margins continue to improve. Reliance Industries says net profits for the company’s fiscal third quarter ended December 31, 2010 increased 28% compared with...
http://www.chemweek.com/sections/business_finance/asia_pacific/Reliance-Industries-Records-Rise-in-Third-Quarter-Profits-and-Sales_32454.html
January 28, 2011
Energy company PTT (Bangkok) expects to decide on a merger plan for several of its petrochemical-producing affiliates by the end of this quarter and to start implementing the merger in...
http://www.chemweek.com/sections/business_finance/asia_pacific/Thailands-PTT-to-Merge-Petchem-Affiliates-this-Year_32455.html
January 21, 2011
Merck KGaA says it has acquired Beijing Skywing Technology (Beijing), a leading supplier of cell-culture media products, related technical services, and bioreactors for the...
http://www.chemweek.com/sections/business_finance/asia_pacific/Merck-KGaA-buys-Chinese-Firm_32249.html
January 21, 2011
Hogna: Liquid fertilizers attractive in Australia. Yara International says it has purchased the 60% it did not own of Yara Nipro (Brisbane, Australia), a market leader in bulk liquid...
http://www.chemweek.com/sections/business_finance/asia_pacific/Yara-buys-Rest-of-Australian-Firm_32250.html
January 21, 2011
The Department of Commerce (New Delhi), part of India’s Ministry of Commerce and Industry, says it has launched an antidumping investigation into imports of aniline from the European...
http://www.chemweek.com/sections/business_finance/asia_pacific/India-Launches-Dumping-Probe-into-Aniline-Imports-from-EU_32248.html
January 21, 2011
Toray Industries says that its Toray Advanced Materials Korea (TAK; Seoul) subsidiary will build a carbon fiber plant at TAK’s manufacturing site at Gumi, Korea. The plant, which...
http://www.chemweek.com/sections/business_finance/asia_pacific/Toray-Builds-Carbon-Fiber-Plant-in-Korea-Revives-Japan-Project_32247.html
January 7, 2011
Two multinationals announced acquisitions in India during the past month. Rhodia agreed to acquire PI Polymer, the engineering plastics compounding business of chemical firm PI...
http://www.chemweek.com/sections/business_finance/asia_pacific/Overseas-Chemical-Companies-Acquire-in-India_31922.html
January 7, 2011
Dynasol, a joint venture of Repsol and the Kuo Group (Mexico City), says it has signed an agreement with Chinese firm Shanxi Northern Xing’an Chemical Industry to jointly produce and...
http://www.chemweek.com/sections/business_finance/asia_pacific/Dynasol-to-Form-Rubber-JV-in-China_31923.html
January 7, 2011
Agchem firm Rallis India (Mumbai), a subsidiary of Tata Chemicals (Mumbai), has informed the Bombay Stock Exchange that the company has completed the acquisition of a 53.5% stake in...
http://www.chemweek.com/sections/business_finance/asia_pacific/Rallis-Acquires-Stake-in-Seeds-Research-Firm_31924.html
December 16, 2010
Mitsubishi Chemical has launched a five-year management plan targeting sales of ¥5 trillion ($59.5 billion) by fiscal 2015, ending March 31, 2016 compared with estimated sales of...
http://www.chemweek.com/sections/business_finance/asia_pacific/Mitsubishi-Chemical-Targets-5-Trillion-in-Sales-by-Fiscal-2015_31631.html
December 16, 2010
OCI (Seoul), formerly DC Chemical, says it will invest $1.4 billion to build a fourth polysilicon plant with a production capacity of 20,000 m.t./year at the company’s site at...
http://www.chemweek.com/sections/business_finance/asia_pacific/OCI-to-Invest-$1-6-Billion-to-Expand-Polysilicon-Capacity-in-Korea_31632.html
December 16, 2010
Siam Cement Group (SCG; Bangkok) says it will sell 236 million shares or about 15.59% of PTT Chemical (Bangkok), at baht140/share ($4.7/share), to investors on The Stock Exchange of...
http://www.chemweek.com/sections/business_finance/asia_pacific/Siam-Cement-to-Sell-15-59-percent-Stake-in-PTT-Chemical_31633.html
December 10, 2010
Mitsui Chemicals has announced a business plan establishing targets for the company for 2017. Mitsui aims to quadruple operating profits from a forecast ¥35 billion ($417 million) for...
http://www.chemweek.com/sections/business_finance/asia_pacific/Mitsui-Chemicals-Announces-Seven-Year-Business-Plan_31482.html
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