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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
December 10, 2010
The Ministry of Commerce (Mofcom; Beijing) says that China has extended its antidumping measures for chloroform imported from the European Union (EU), Korea, and the U.S. for another...
http://www.chemweek.com/sections/business_finance/asia_pacific/China-Extends-Antidumping-Measures-on-Chloroform-from-the-EU-Korea-and-U-S-_31483.html
December 10, 2010
Experts and industry players have called for more cooperation in the area of petrochemicals between China and Taiwan. Each side should enhance collaboration in petrochemical trade to...
http://www.chemweek.com/sections/business_finance/asia_pacific/China-Taiwan-Aim-for-More-Cooperation_31484.html
November 30, 2010
Shell Eastern Petroleum, a Royal Dutch Shell subsidiary, says it has agreed to acquire Japan-Singapore EOG Co.’s 30% stake in Ethylene Glycols Singapore (EGS) for an undisclosed...
http://www.chemweek.com/sections/business_finance/asia_pacific/Shell-Takes-Control-of-Singapore-EO-EG-Venture_31229.html
November 30, 2010
The Chinese government says it aims to cut dioxin emissions in the country by 10% in the next five years. China has more than 10,000 enterprises in 17 key industries discharging...
http://www.chemweek.com/sections/business_finance/asia_pacific/China-to-Cut-Dioxin-Emissions_31230.html
November 30, 2010
Yara International says that its Yara Australia (Sydney) subsidiary has begun legal action against Burrup Holdings (Perth, Australia) and Burrup’s wholly owned subsidiary, Burrup...
http://www.chemweek.com/sections/business_finance/asia_pacific/Yara-Begins-Legal-Action-Against-Burrup_31231.html
November 30, 2010
Showa Denko and industrial gases firm Air Water (Osaka, Japan) say they have agreed to establish a joint venture for the production of specialty material gases for the electronics...
http://www.chemweek.com/sections/business_finance/asia_pacific/Showa-Denko-and-Air-Water-Form-gases-JV-in-Japan_31232.html
November 19, 2010
Reliance Industries will invest about $10 billion in several projects in India over the next 3-4 years, a source from the company tells CW. Some of the individual investments were...
http://www.chemweek.com/sections/business_finance/asia_pacific/Reliance-to-Invest-$10-Billion-on-Petchem-Projects-in-India_31012.html
November 19, 2010
Bayer MaterialScience says it plans to invest €110 million ($149 million) to build five new downstream facilities in China by 2012. The facilities include three polyurethanes (PU)...
http://www.chemweek.com/sections/business_finance/asia_pacific/Bayer-MaterialScience-Plans-Downstream-Investments-Across-China-by-2012_31013.html
November 19, 2010
Dow Corning and Wacker Chemie, two leading silicone producers, inaugurated earlier this month a previously announced $1.8-billion joint, integrated silicones manufacturing complex at...
http://www.chemweek.com/sections/business_finance/asia_pacific/Dow-Corning-and-Wacker-Inaugurate-China-Silicone-JVs_31073.html
November 12, 2010
Major Japanese chemical companies swung to profit or reported improved earnings, and posted higher sales for the fiscal first half ended September 30, 2010 mainly due to stronger...
http://www.chemweek.com/sections/business_finance/asia_pacific/Major-Japanese-Firms-Report-Improved-Earnings-and-Sales_30863.html
November 12, 2010
AkzoNobel has officially inaugurated a previously announced multi-site at Ningbo, China. The €275-million ($386 million) project is the company’s largest investment...
http://www.chemweek.com/sections/business_finance/asia_pacific/AkzoNobel-Inaugurates-Its-Largest-Ever-Project_30862.html
October 29, 2010
Rhodia has inaugurated a €50-million ($70 million) plant at Qingdao, China for highly dispersible silicas used in energy-efficient tires. The 72,000-m.t./year plant employs...
http://www.chemweek.com/sections/business_finance/asia_pacific/Projects-in-China-Drive-Rhodias-Asian-Expansion-Plans_30511.html
October 15, 2010
Ube Industries says that its Ube Chemicals Asia (Bangkok) subsidiary will increase capacity for caprolactam and nylon compounds at Rayong, Thailand to meet rising demand in Asia. Ube...
http://www.chemweek.com/sections/business_finance/asia_pacific/Ube-to-Increase-Capacity-for-Caprolactam-Nylon-in-Thailand_30245.html
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