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January 9, 2015
BASF and Shell Chemicals have agreed that the former company will sell its 50% share in the pair’s propylene oxide–styrene monomer (POSM) joint venture, Ellba Eastern (Singapore)...
http://www.chemweek.com/sections/business_finance/asia_pacific/BASF-quits-Ellba-Eastern-POSM-joint-venture-with-Shell_66653.html
January 9, 2015
Kuraray has unveiled a medium-term management plan covering the next three years. Kuraray is targeting sales of ¥650.0 billion ($5.44 billion) and operating profits of ¥90.0 billion...
http://www.chemweek.com/sections/business_finance/asia_pacific/Kuraray-announces-three-year-business-plan_66654.html
January 9, 2015
Mitsui Chemicals and SKC (Seoul) plan to merge their polyurethane (PU) raw material businesses into a joint venture by 1 April....
http://www.chemweek.com/sections/business_finance/asia_pacific/Mitsui-Chemicals-SKC-to-merge-PU-material-businesses_66655.html
January 9, 2015
Teijin has opened a second production line in South Korea for Lielsort, a separator for lithium-ion secondary batteries (LIBs). The line began operations on 24 December 2014. Lielsort...
http://www.chemweek.com/sections/business_finance/asia_pacific/Teijin-opens-production-line-for-LIB-separators_66656.html
January 9, 2015
Mitsubishi Chemical Holdings has named Hitoshi Ochi president and CEO, effective 1 April. Mitsubishi Chemical Holdings is the parent of Mitsubishi Chemical. Ochi is currently a member of the Mitsubishi Chemical Holdings board and president and CEO of the Mitsubishi Rayon subsidiary. Ochi will succeed Yoshimitsu Kobayashi, who will become chairman of Mitsubishi Chemical Holdings....
http://www.chemweek.com/sections/business_finance/asia_pacific/Mitsubishi-Chemical-Holdings-names-next-CEO_66633.html
January 9, 2015
R&P (Singapore), a polymer compounding company, says that it has licensed from ExxonMobil Chemical the technology to produce specialty polypropylene (PP) compounds. The compounds...
http://www.chemweek.com/sections/business_finance/asia_pacific/R-and-P-licenses-PP-compounds-technology-from-ExxonMobil_66634.html
January 9, 2015
Israel Chemicals Ltd. (ICL; Tel Aviv) says it will invest up to $500 million for 50% ownership of a joint venture that will operate a fully integrated, world-scale phosphate business...
http://www.chemweek.com/sections/business_finance/asia_pacific/ICL-plans-China-phosphates-JV_66632.html
December 19, 2014
Umicore (Brussels) says that it will construct a facility at the Hemaraj industrial estate in Thailand for the production of emission-control catalysts for light-duty vehicles....
http://www.chemweek.com/sections/business_finance/asia_pacific/Umicore-to-build-automotive-catalyst-facility-in-Thailand_66301.html
December 19, 2014
BASF says that it will build a world-scale chemical catalysts production facility at the company’s site in the Shanghai Chemical Industry Park at Caojing, China....
http://www.chemweek.com/sections/business_finance/asia_pacific/BASF-builds-catalysts-plant-in-China_66302.html
December 19, 2014
JSR (Tokyo) says that it has entered into an agreement with Chang Chun Petrochemical (Taipei) to establish a joint venture to manufacture display materials at Changshu, China. The jv...
http://www.chemweek.com/sections/business_finance/asia_pacific/JSR-Chang-Chun-Petrochemical-to-form-display-materials-JV_66303.html
December 19, 2014
Mitsui Chemicals and Sinopec have announced that their 50-50 joint venture Shanghai Sinopec Mitsui Elastomers has started up a previously announced ethylene propylene diene terpolymer...
http://www.chemweek.com/sections/business_finance/asia_pacific/Mitsui-Sinopec-JVs-start-up-EPT-phenol-acetone-plants_66304.html
December 15, 2014
The United Nations climate summit in Lima closed with the basis for a new, global climate change agreement to be finally agreed in Paris in Dec 2015, and to enter into force in 2020...
http://www.chemweek.com/sections/business_finance/asia_pacific/Lima-climate-change-conference-mixed-response-from-politicians-industry-and-environmentalists_66177.html
December 12, 2014
Indorama Ventures (Bangkok) and Performance Fibers (Huntersville, NC), a leading producer of industrial polyester fibers and fabrics, have announced that they have signed a definitive agreement under which Indorama will acquire the Asia manufacturing operations of Performance Fibers. The agreement’s financial terms have not been disclosed....
http://www.chemweek.com/sections/business_finance/asia_pacific/Indorama-to-buy-Performance-Fibers-business-in-Asia_66041.html
December 12, 2014
BASF says that it has entered into a definitive agreement to acquire the business and assets of Taiwan Sheen Soon (TWSS; Lukang), a leading manufacturer of thermoplastic polyurethanes...
http://www.chemweek.com/sections/business_finance/asia_pacific/BASF-to-acquire-TPU-manufacturer-Taiwan-Sheen-Soon_66042.html
December 8, 2014
The European Commission says in a report that European companies must boost investment in research to remain competitive in the global environment. Investment in R&D by companies...
http://www.chemweek.com/sections/business_finance/asia_pacific/Report-Europe-must-boost-R-and-D-investment-to-remain-competitive_65957.html
December 5, 2014
Myriant (Quincy, MA), a renewable chemicals company, says that it has entered into a three-way joint development agreement with plasticizers producer UPC Technology (Taipei) and...
http://www.chemweek.com/sections/business_finance/asia_pacific/Myriant-UPC-and-Sojitz-to-develop-biosuccinic-acidbased-plasticizers_65845.html
December 5, 2014
Mitsubishi Chemical Holdings, the parent of Mitsubishi Chemical, has revised its earnings and sales forecasts for the full fiscal year ending 31 March 2015. Mitsubishi expects to...
http://www.chemweek.com/sections/business_finance/asia_pacific/Mitsubishi-Chemical-upgrades-earnings-sales-projections_65846.html
December 5, 2014
BASF and Toda Kogyo (Hiroshima, Japan), a leading developer and manufacturer of cathode materials for lithium-ion (Li-ion) batteries, have agreed to form a joint venture for cathode active materials in Japan, BASF says....
http://www.chemweek.com/sections/business_finance/asia_pacific/BASF-Toda-Kogyo-to-form-JV-for-cathode-active-materials_65844.html
November 25, 2014
The China Petroleum and Chemical Industry Federation (CPCIF; Beijing) has formalized its commitment to the International Council of Chemical Associations (ICCA) and has been accepted...
http://www.chemweek.com/sections/business_finance/asia_pacific/China-Petroleum-and-Chemical-Industry-Federation-joins-Responsible-Care-leadership-group-as-full-member_65680.html
November 25, 2014
A report prepared by the International Renewable Energy Agency (Irena; United Arab Emirates), in association with the China National Renewable Energy Centre (CNREC; Beijing), says that...
http://www.chemweek.com/sections/business_finance/asia_pacific/Report-China-could-double-its-use-of-renewable-energy-by-2030_65678.html
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