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December 13, 2013
EuroChem (Moscow), Russia’s largest producer of fertilizers; and Migao (Toronto), a specialty potash fertilizer producer, have confirmed plans to establish a fertilizer...
http://www.chemweek.com/sections/business_finance/asia_pacific/EuroChem-and-Migao-form-fertilizer-joint-venture-in-China_57290.html
December 13, 2013
SCG Chemicals, the chemical subsidiary of Siam Cement Group (SCG; Bangkok), has signed a share-purchase agreement with NSL Chemicals (Singapore), to buy the whole of NSL Chemicals...
http://www.chemweek.com/sections/business_finance/asia_pacific/SCG-Chemicals-increases-stake-in-Bangkok-Synthetics_57291.html
December 13, 2013
PTT Global Chemical (PTTGC; Bangkok) says it has signed an engineering, procurement, and construction contract with SK Engineering & Construction (SK; Seoul) and PTT Maintenance...
http://www.chemweek.com/sections/business_finance/asia_pacific/PTT-Global-Chemical-expands-aromatics-capacity_57292.html
December 6, 2013
Sumitomo Chemical has reached an agreement to acquire LyondellBasell Industries’ stake in the companies’ Nihon Oxirane (Tokyo) joint venture. Sumitomo holds 60% and LyondellBasell holds 40% of the jv. Nihon Oxirane, established in 1972, produces and sells styrene, propylene oxide (PO), and propylene glycol (PG)....
http://www.chemweek.com/sections/business_finance/asia_pacific/Sumitomo-buys-LyondellBasell-out-of-Nihon-Oxirane_57089.html
December 6, 2013
Shangai and Beijing have each launched a carbon-trading market, says the Ministry of Environmental Protection (MEP; Beijing). The Shanghai and Beijing markets started operating on 26...
http://www.chemweek.com/sections/business_finance/asia_pacific/Beijing-Shanghai-launch-carbon-trading-markets_57090.html
December 6, 2013
Showa Denko and petrochemical company KH Neochem (Tokyo) have agreed to dissolve their joint venture Japan Ethyl Acetate (JEA; Oita). JEA was established in 2003 at Showa Denko’s...
http://www.chemweek.com/sections/business_finance/asia_pacific/Showa-Denko-KH-Neochem-to-dissolve-ethyl-acetate-JV_57091.html
November 26, 2013
German chemical companies have invested more money abroad than domestically for the first time since 2001, chemical industry association VCI (Frankfurt) says. Fixed foreign...
http://www.chemweek.com/sections/business_finance/asia_pacific/German-chemical-companies-boost-US-investment-while-domestic-spending-stagnates_56940.html
November 22, 2013
Leading Asian chemical companies report mixed financial results for the quarter ended 30 September....
http://www.chemweek.com/sections/business_finance/asia_pacific/Asian-chemical-companies-report-mixed-financial-results_56830.html
November 22, 2013
Toray Industries says its wholly owned Toray Advanced Materials Korea (TAK; Seoul) subsidiary has entered into an agreement with Woongjin Holdings (Seoul) and other stakeholders to...
http://www.chemweek.com/sections/business_finance/asia_pacific/Toray-to-acquire-majority-stake-in-Woongjin-Chemical_56831.html
November 21, 2013
The European Union intends to impose 'definitive antidumping duties' on biodiesel from Argentina and Indonesia, effective 27 November, the European Commission says. The measures...
http://www.chemweek.com/sections/business_finance/asia_pacific/EU-to-impose-definitive-antidumping-duties-on-biodiesel-from-Argentina-Indonesia_56848.html
November 8, 2013
Most of the leading Japanese chemical companies swung to profit or achieved higher earnings for the fiscal first half, ended 30 September. The depreciation of the Japanese currency, a...
http://www.chemweek.com/sections/business_finance/asia_pacific/Japanese-firms-report-improved-earnings_56537.html
November 4, 2013
India has set ambitious growth targets for pharmaceutical exports, the India Brand Equity Foundation (IBEF; Gurgaon) and Pharmexcil (Hyderabad) announced recently at the CPhI trade...
http://www.chemweek.com/sections/business_finance/asia_pacific/CPhI-India-targets-position-as-pharmacy-of-the-world_56415.html
October 28, 2013
DuPont says it has opened the second phase of its China R&D center at the Zhangjiang Hi-Tech Park, at Shanghai. The center will house an additional 150 researchers, and the floor...
http://www.chemweek.com/sections/business_finance/asia_pacific/DuPont-expands-R-and-D-center-in-China_56244.html
October 25, 2013
Reliance Industries says net profits for its fiscal second quarter, ended 30 September, increased 1.5% compared with the same period of the previous year, to about 54.9 billion Indian rupees ($894 million)....
http://www.chemweek.com/sections/business_finance/asia_pacific/Reliance-Industries-reports-rise-in-quarterly-profits-and-sales_56117.html
October 25, 2013
LG Chem reports a 23.2% decrease in net profits for the third quarter compared with the year-ago period, to 352.3 billion South Korean won ($332 million). Third-quarter sales increased...
http://www.chemweek.com/sections/business_finance/asia_pacific/LG-Chem-reports-fall-in-third-quarter-profits_56118.html
October 25, 2013
Australia’s recently elected prime minister, Tony Abbott, is moving ahead with plans to repeal the country’s carbon tax, which was introduced in July 2012 by the previous Labor government....
http://www.chemweek.com/sections/business_finance/asia_pacific/Australian-prime-minister-moves-to-repeal-carbon-tax_56116.html
October 11, 2013
Clariant has acquired the organic pigments business of Jiangsu Multicolor Fine Chemical (Wuxi, Jiangsu Province, China). Financial terms of the deal have not been disclosed....
http://www.chemweek.com/sections/business_finance/asia_pacific/Clariant-acquires-organic-pigments-business-in-China_55817.html
October 11, 2013
AkzoNobel says it will invest more than €50 million ($68 million) to build manufacturing facilities at Chengdu, China, for its powder coatings and decorative paints businesses....
http://www.chemweek.com/sections/business_finance/asia_pacific/AkzoNobel-builds-powder-coatings-decorative-paints-facilities-in-China_55818.html
October 11, 2013
Brenntag has signed an agreement to acquire the chemical distribution division of the Zytex Group, a biotechnology food formulation and manufacturing company in India, for €10.2...
http://www.chemweek.com/sections/business_finance/asia_pacific/Brenntag-acquires-enzymes-distributor-in-India_55819.html
October 11, 2013
The Indian government says that its cabinet has approved Hindustan Petroleum Corp. Ltd’s. (HPCL; Mumbai) 9-million m.t./year greenfield refinery and petrochemical complex at...
http://www.chemweek.com/sections/business_finance/asia_pacific/HPCL-gets-nod-for-$6-billion-refinery-and-petchem-project_55820.html
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