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February 27, 2009
Mitsubishi Chemical says it plans to cease production of purified terephthalic acid (PTA) and para -xylene in Japan with the closure of two plants next year. The company will...
http://www.chemweek.com/sections/business_finance/asia_pacific/Mitsubishi-to-Quit-PTA-and-P-Xylene-Production-in-Japan_17306.html
February 27, 2009
The Chinese government says it has approved a recently announced stimulus plan to boost the country’s petrochemical and chemical industry, and generate demand for petchem...
http://www.chemweek.com/sections/business_finance/asia_pacific/China-Approves-Petchem-Stimulus-Plan_17307.html
February 23, 2009
Major Japanese chemical companies have reported huge falls in profits for the nine months ended December 31, 2008, citing the market downturn and falling product demand. Quarterly...
http://www.chemweek.com/sections/business_finance/asia_pacific/Nine-Month-Profits-Tumble-at-Leading-Japanese-Firms_17161.html
February 18, 2009
Naphtha Forward naphtha prices fall in Asia - Feb 17, 2009 Open spec naphtha bid prices on Monday for the 1st half of April were assessed at the USD 448/mt CFR Far East levels while...
http://www.chemweek.com/sections/business_finance/asia_pacific/CWs-Asia-Chemical-Prices-for-the-Week-Ended-February-17-2009_17079.html
February 9, 2009
The global economic slowdown and falling petrochemical demand have had a major impact on the latest quarterly financial results of leading Asian petrochemical producers. Ambani: A very...
http://www.chemweek.com/sections/business_finance/asia_pacific/Downturn-Cuts-Leading-Petrochemical-Firms-Profits_16914.html
January 23, 2009
Mitsubishi Rayon says it will report an extraordinary loss of ¥13 billion ($144 million) for its fiscal third quarter ended December 2008, due to structural problems in its acrylic...
http://www.chemweek.com/sections/business_finance/asia_pacific/Mitsubishi-Rayon-Reports-Extraordinary-Loss_16639.html
January 23, 2009
Showa Denko says it will begin construction in March on a 400-m.t./year carbon nanotube plant at the company’s Oita, Japan complex. The plant will produce a new grade of carbon...
http://www.chemweek.com/sections/business_finance/asia_pacific/Showa-Denko-to-Build-Carbon-Nanotube-Plant-in-Japan_16640.html
January 21, 2009
A recent study by marketing strategy group GEMS Europe (Zug, Switzerland) has identified that only 26% of chemical companies have a fully effective strategic marketing program. The...
http://www.chemweek.com/sections/business_finance/asia_pacific/SURVEY-Only-26-percent-of-Chemical-Companies-Have-Effective-Marketing-Strategy_15687.html
January 16, 2009
The Ministry of Environmental Protection (MEP; Beijing) has approved construction of a para -xylene plant near Zhangzhou, China. The project was relocated from Xiamen, China after...
http://www.chemweek.com/sections/business_finance/asia_pacific/Protests-Force-Relocation-of-Chinese-P-Xylene-Project_16497.html
January 16, 2009
Idemitsu Kosan says it has cut production of polycarbonate (PC) resin by 20% at its 47,000-m.t./year plant at Chiba, Japan. The output reduction began on December 20, 2008, Idemitsu...
http://www.chemweek.com/sections/business_finance/asia_pacific/Idemitsu-Cuts-Polycarbonate-Production_16498.html
January 16, 2009
Air Products says it has completed construction of a carbon monoxide (CO) coldbox at its cryogenic equipment manufacturing facility at Caojing, China, near Shanghai. The equipment will...
http://www.chemweek.com/sections/business_finance/asia_pacific/Air-Products-Builds-CO-Coldbox-in-China_16499.html
January 13, 2009
Acron (Velikii Novgorod, Russia), a leading fertilizer producer with manufacturing plants in Russia and China, says it has acquired Beijing Yong Sheng Feng Agricultural Means of...
http://www.chemweek.com/sections/business_finance/asia_pacific/Acron-Buys-Chinese-Distribution-Company_16282.html
January 13, 2009
Standard & Poor’s (S&P) has revised its rating outlook for Reliance Industries to negative, from stable. The revision reflects Reliance’s increased debt and...
http://www.chemweek.com/sections/business_finance/asia_pacific/S-and-P-Lowers-Reliances-Rating-Outlook_16283.html
January 13, 2009
Ube Industries says it has entered into an agreement with Boeing, under which the companies will co-develop materials technology for aerospace applications. They will initially focus...
http://www.chemweek.com/sections/business_finance/asia_pacific/Ube-Signs-Technology-Deal-with-Boeing_16284.html
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