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August 1, 2014
Gail India and Sumitomo, one of Japan’s largest trading groups, have announced the signing of a memorandum of understanding (MOU) covering cooperation in gas procurement and...
http://www.chemweek.com/sections/business_finance/asia_pacific/Gail-Sumitomo-sign-MOU-on-energy-petchems-cooperation_62863.html
August 1, 2014
China’s National Energy Administration (NEA; Beijing) has told local authorities to curb irrationally developing coal-to-oil and coal-to-gas projects after new technology sparked...
http://www.chemweek.com/sections/business_finance/asia_pacific/China-to-curb-investments-in-small-scale-coal-based-projects_62864.html
August 1, 2014
DSM says that it has reached an agreement to acquire Aland HK Holding (Hong Kong), a company producing vitamin C in Mainland China. DSM announced in April that it was in exclusive...
http://www.chemweek.com/sections/business_finance/asia_pacific/DSM-agrees-to-buy-China-vitamin-C-producer-Aland_62865.html
July 18, 2014
DIC (Tokyo) says that it has decided to build its first polyphenylene sulfide (PPS) compounds plant in China. The plant will be located at Zhangjiagang, within the production site of...
http://www.chemweek.com/sections/business_finance/asia_pacific/DIC-to-build-¥1-3-billion-PPS-compounds-plant-in-China_62518.html
July 18, 2014
Aramco Overseas Co. (AOC), a subsidiary of Saudi Aramco, says that it has agreed in principle to acquire Hanjin Group’s entire stake in S-Oil (Seoul), comprising approximately 32...
http://www.chemweek.com/sections/business_finance/asia_pacific/Saudi-Aramco-to-buy-Hanjin-Group-out-of-S-Oil-for-$1-95-billion_62519.html
July 18, 2014
Evonik Industries has begun operating a previously announced, 230,000-m.t./year hydrogen peroxide (H2O2) plant at Jilin, China. Evonik has invested more than €100 million ($136 million) to build the plant, which has raised the company’s overall H2O2 capacity to more than 900,000 m.t./year....
http://www.chemweek.com/sections/business_finance/asia_pacific/Evonik-opens-H2O2-plant-in-China_62520.html
July 18, 2014
Nippon Shokubai has opened plants that produce acrylic acid and n-phenylmaleimide, as well as a waste liquid incinerator system, at the company’s Himeji, Japan, complex. The...
http://www.chemweek.com/sections/business_finance/asia_pacific/Nippon-Shokubai-completes-acrylic-acid-hike-at-Himeji_62521.html
July 7, 2014
Kraton Performance Polymers notified LCY Chemical (Taipei) on 30 June that Kraton’s board of directors intends to withdraw its recommendation that Kraton stockholders approve the...
http://www.chemweek.com/sections/business_finance/asia_pacific/Kraton-rethinks-merger-with-LCY-Chemicals-SBC-business_62305.html
July 7, 2014
Solvay says that its Lansol Fluorchemicals joint venture has officially opened a production plant for Nocolok brazing flux at Quzhou, China. Lansol is a jv between Solvay and chemical company Sinochem Lantian (Hangzhou, China), a subsidiary of Sinochem (Beijing). Construction on the 3,000-m.t./year plant began in July 2013, Solvay says....
http://www.chemweek.com/sections/business_finance/asia_pacific/Solvay-Sinochem-JV-opens-Nocolok-brazing-flux-plant-in-China_62306.html
July 7, 2014
Quaker Chemical (Conshohocken, PA) says that it has acquired the remaining 49% stake in its Quaker Chemical Australasia (QCA; Seven Hills, Australia) affiliate from its joint venture...
http://www.chemweek.com/sections/business_finance/asia_pacific/Quaker-buys-out-partner-in-Australian-joint-venture_62307.html
July 2, 2014
Biochemical company METabolic EXplorer (Metex; Clermont-Ferrand, France) and SK Chemicals (Seoul) say that they have signed a worldwide, exclusive license agreement to manufacture and...
http://www.chemweek.com/sections/business_finance/asia_pacific/SK-Chemicals-and-Metex-sign-exclusive-deal-for-bio-PDO_62209.html
June 27, 2014
BASF has completed two key capacity expansion projects for performance materials as well as the expansion at the company’s Pudong site, at Shanghai, the company says....
http://www.chemweek.com/sections/business_finance/asia_pacific/BASF-ups-capacities-for-TPU-microcellular-PU-components_62052.html
June 27, 2014
The Chinese government says that the city of Chongqing launched a carbon-trading market on 19 June, making the location the seventh in China to establish a carbon-trading platform...
http://www.chemweek.com/sections/business_finance/asia_pacific/Carbon-trading-starts-in-Chongqing_62053.html
June 27, 2014
Teijin and its wholly owned subsidiary Teijin Frontier (Osaka) will accelerate their automotive rubber materials business in Thailand by establishing a tire cord joint venture there...
http://www.chemweek.com/sections/business_finance/asia_pacific/Teijin-to-establish-tire-cord-JV-in-Thailand_62054.html
June 13, 2014
DSM says it has signed a memorandum of cooperation with political leaders from Sichuan Province, China, and that the two parties agree to explore cooperation opportunities in...
http://www.chemweek.com/sections/business_finance/asia_pacific/DSM-explores-investing-in-Chinas-Sichuan-Province_61725.html
June 13, 2014
The petrochemical businesses of state-owned energy companies in India report mixed results for their fiscal fourth quarter, ended 31 March. Earnings figures for the businesses have not...
http://www.chemweek.com/sections/business_finance/asia_pacific/Petchem-businesses-of-Gail-Indian-Oil-report-mixed-results_61724.html
June 13, 2014
Mitsui Chemicals says it will sell its maleic anhydride and fumaric acid businesses to Fuso Chemical (Osaka) by October. Details of the agreement will be discussed, and a formal...
http://www.chemweek.com/sections/business_finance/asia_pacific/Mitsui-to-sell-maleic-anhydride-and-fumaric-acid-businesses_61723.html
May 30, 2014
Leading Asian chemical companies report generally lower earnings for the quarter ended 31 March....
http://www.chemweek.com/sections/business_finance/asia_pacific/Asian-chemical-makers-report-lower-earnings_61395.html
May 23, 2014
Most of the leading Japanese chemical companies report improved earnings and sales for the fiscal year, ended 31 March. Only Mitsui Chemicals has reported a loss. Figures for the...
http://www.chemweek.com/sections/business_finance/asia_pacific/Japanese-companies-report-improved-earnings_61205.html
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