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March 13, 2010
Lanxess says it has completed the first phase of construction of a previously announced manufacturing site at Jhagadia, India, where it has started production of rubber chemicals. The...
http://www.chemweek.com/sections/business_finance/asia_pacific/Lanxess-Starts-up-Rubber-Chemicals-Plant-at-New-Site-in-India_25310.html
March 13, 2010
Three leading Japanese chemical companies have announced strategies for growth over the next few years. The plans include a sharper focus on certain business areas, reorganizations of...
http://www.chemweek.com/sections/business_finance/asia_pacific/Japanese-Firms-Launch-New-Business-Plans_25309.html
February 26, 2010
several major Asian chemical companies have reported a rise in profits for the quarter ended December 31, 2009. The improvement reflects a recovery trend in Asian markets, companies...
http://www.chemweek.com/sections/business_finance/asia_pacific/Asian-Chemical-Companies-Report-Rising-Profits_25037.html
February 26, 2010
Calgon Carbon says it has signed a definitive agreement with Mitsubishi Chemical for the previously announced buyout of Mitsubishi’s 51% interest in the firms’ activated carbon...
http://www.chemweek.com/sections/business_finance/asia_pacific/Calgon-Carbon-Finalizes-JV-Buyout-Deal_25038.html
February 12, 2010
Major Japanese chemical companies reported varying financial results for the nine months ended December 31, 2009. Big names such as Mitsubishi Chemical and Sumitomo Chemical recorded...
http://www.chemweek.com/sections/business_finance/asia_pacific/Japanese-Companies-Report-Mixed-Nine-Month-Results_24752.html
January 29, 2010
Lubrizol says it has decided to proceed with a 10-year phased investment plan to upgrade operations and increase global capacity for lubricant additives. The program involves a total...
http://www.chemweek.com/sections/business_finance/asia_pacific/Lubrizol-to-Build-Additives-Facility-in-China_24476.html
January 29, 2010
Reliance Industries says net profits for its fiscal third quarter ended December 31 increased almost 16% compared with the same period of the previous year, to about Rs40 billion ($869...
http://www.chemweek.com/sections/business_finance/asia_pacific/Reliance-Industries-Records-a-Rise-in-Third-Quarter-Profits-and-Sales_24477.html
January 29, 2010
Air Liquide says it will invest €30 million ($42 million) to increase combined production capacity for liquefied oxygen, nitrogen, and argon by about 540 m.t./day in India. Capacity...
http://www.chemweek.com/sections/business_finance/asia_pacific/Air-Liquide-hikes-Capacity-in-India_24478.html
January 29, 2010
Nufarm (Melbourne) says that the board of Sumitomo Chemical has approved Sumitomo’s recently announced tender offer to buy a 20% stake in Nufarm (CW, Jan. 4/11, p. 15). Nufarm...
http://www.chemweek.com/sections/business_finance/asia_pacific/Sumitomo-Okays-Nufarm-Stake_24479.html
January 22, 2010
Five employees of Lanzhou Petrochemical (Lanzhou, China), a China National Petroleum Corp. (CNPC; Beijing) subsidiary, died and six employees were injured after an explosion at a tank...
http://www.chemweek.com/sections/business_finance/asia_pacific/Five-Dead-in-Explosion-at-Lanzhou-Petrochemical_24299.html
January 22, 2010
Indorama Ventures, the biggest shareholder in polyethylene terephthalate producer Indorama Polymers (Bangkok), plans to raise up to baht11.5 billion ($350 million) from an initial...
http://www.chemweek.com/sections/business_finance/asia_pacific/Indorama-Polymers-Parent-Plans-share-offering_24300.html
January 22, 2010
Clariant says its Clariant Oil Services (Houston) business unit has signed a contract to supply Chevron with products and services for recovering oil from Indonesia’s Duri steam...
http://www.chemweek.com/sections/business_finance/asia_pacific/Clariant-Bags-Oil-Field-Services-Contract-in-Indonesia_24301.html
January 22, 2010
Lanxess will bring forward its previously announced plans to build a butyl rubber facility at Jurong Island, Singapore. The 100,000-m.t./year plant, with an investment of about €400...
http://www.chemweek.com/sections/business_finance/asia_pacific/Lanxess-Brings-Forward-Butyl-Rubber-Project-in-Singapore_24302.html
January 8, 2010
Agchem firm Nufarm (Melbourne) says it has terminated discussions with Sinochem (Beijing) for the previously announced acquisition of Nufarm by Sinochem. Nufarm and Sinochem signed a...
http://www.chemweek.com/sections/business_finance/asia_pacific/Nufarm-Sinochem-Talks-End-Sumitomo-to-Buy-Nufarm-Stake_23953.html
January 8, 2010
Ube Industries says it will merge its Thai Caprolactam (Bangkok) and Ube Nylon Thailand (Bangkok) subsidiaries effective February 1, 2010, and that the merged company will be named Ube...
http://www.chemweek.com/sections/business_finance/asia_pacific/Ube-to-Merge-Caprolactam-and-Nylon-Subsidiaries-in-Thailand_23954.html
December 18, 2009
Solvay has launched a tender offer to acquire the nearly 50% it does not own in chlor-alkali and polyvinyl chloride (PVC) company Vinythai (Bangkok). The baht6.15/share offer values...
http://www.chemweek.com/sections/business_finance/asia_pacific/Solvay-Launches-Takeover-Offer-for-the-Rest-of-Vinythai_23629.html
December 18, 2009
Sumitomo Chemical says it has established a joint venture with Dalian Jingang Group (Dalian, China) for the manufacture and sale of methionine and high-performance greenhouse films...
http://www.chemweek.com/sections/business_finance/asia_pacific/Sumitomo-Establishes-Methionine-Joint-Venture-in-China_23630.html
December 18, 2009
Lanxess says it has sold its 55% stake in hydrazine hydrate joint venture Lanxess Yaxing Chemicals (Weifang, China) to its partner Weifang Yaxing Group (Weifang) for an undisclosed...
http://www.chemweek.com/sections/business_finance/asia_pacific/Lanxess-Quits-Hydrazine-Hydrate-JV_23631.html
December 11, 2009
The Ministry of Environment and Forests (MOEF; New Delhi) says India will voluntarily reduce its carbon emission intensity by 20%-25% by 2020, from 2005 levels. India will not...
http://www.chemweek.com/sections/business_finance/asia_pacific/India-to-Reduce-Emission-Intensity-Rejects-Binding-Cuts_23482.html
December 11, 2009
Nufarm (Melbourne), a leading producer of generic agchems, has notified the Australian stock exchange that the previously announced acquisition of Nufarm by Sinochem (Beijing) will...
http://www.chemweek.com/sections/business_finance/asia_pacific/Sinochems-Acquisition-of-Nufarm-Hits-Setback-Deadline-Extended_23483.html
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