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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
September 20, 2013
Sumitomo Chemical says it is reorganizing the structure of its petrochemicals business to sharpen focus on development. The company says it has established a new department, the...
http://www.chemweek.com/sections/business_finance/asia_pacific/Sumitomo-ups-petchem-focus_55270.html
September 20, 2013
Israel Chemicals Ltd. (ICL; Tel Aviv) has signed a memorandum of understanding (MOU) with Duc Giang (Hanoi), a privately owned company, to cooperate in building and expanding a...
http://www.chemweek.com/sections/business_finance/asia_pacific/ICL-signs-deal-with-Vietnam-firm-for-phosphate-business_55267.html
September 20, 2013
Mitsubishi Rayon and energy company PTT (Bangkok) say they have signed a memorandum of understanding to study jointly the establishment of a carbon fiber manufacturing business in...
http://www.chemweek.com/sections/business_finance/asia_pacific/Mitsubishi-Rayon-PTT-study-carbon-fiber-manufacturing-venture_55268.html
September 20, 2013
The Ministry of Land and Resources (Beijing) will cap China’s rare earth production at 93,800 m.t. for 2013, says the Chinese government. The production cap is in accordance with...
http://www.chemweek.com/sections/business_finance/asia_pacific/China-caps-rare-earth-production_55269.html
September 9, 2013
Australia's prime minister-elect, Tony Abbott, has reaffirmed plans to repeal Australia's carbon tax legislation, following the victory of his Liberal-National coalition in federal...
http://www.chemweek.com/sections/business_finance/asia_pacific/Australian-PM-elect-reaffirms-plans-to-repeal-the-countrys-carbon-tax_55039.html
September 6, 2013
The chemical businesses of Sinopec and PetroChina report losses for the first half of 2013. Sinopec’s chemicals loss narrowed, however. Sinopec’s chemicals business reports...
http://www.chemweek.com/sections/business_finance/asia_pacific/Sinopec-and-PetroChina-chemical-units-report-losses_54925.html
September 6, 2013
PTT Global Chemical (PTTGC; Bangkok) says it has signed a memorandum of understanding (MOU) with Sinochem (Beijing), under which the companies will explore potential joint investments in specialty chemical and petrochemical projects in China and other parts of the world, as well as in sales and marketing. The MOU builds on a memorandum of cooperation signed by the companies in August 2012....
http://www.chemweek.com/sections/business_finance/asia_pacific/PTTGC-and-Sinochem-study-joint-investment-opportunities_54926.html
September 6, 2013
Petronas Group (Kuala Lumpur), the parent of Petronas Chemicals, reports a 4% drop in second-quarter pretax profit, to 21.98 billion ringgit ($6.64 billion), on revenues 5% higher, at...
http://www.chemweek.com/sections/business_finance/asia_pacific/Petronas-posts-lower-profits-could-scrap-Rapid-project_54927.html
August 29, 2013
Evonik Industries has opened an expanded plant for the production of raw materials and additives for personal- and household-care at Bekasi, Indonesia. The company says that it is...
http://www.chemweek.com/sections/business_finance/asia_pacific/Evonik-opens-expanded-plant-for-personal-care-products-in-Indonesia_54821.html
August 23, 2013
Asahi Glass says it will invest about ¥40 billion ($406 million) to increase production capacity for chlor-alkali products and derivatives at the manufacturing site of the...
http://www.chemweek.com/sections/business_finance/asia_pacific/Asahi-Glass-expands-chlor-alkali-capacity-in-Indonesia_54663.html
August 23, 2013
Indorama Ventures (Bangkok) reports a 53.3% fall in net profits for the second quarter of 2013 compared with the year-ago quarter, to $7 million....
http://www.chemweek.com/sections/business_finance/asia_pacific/Indorama-reports-fall-in-profits_54664.html
August 23, 2013
Leading South Korean chemical companies report mixed financial results for the second quarter of 2013. LG Chem posted a 7.2% increase in net profits for the second quarter compared...
http://www.chemweek.com/sections/business_finance/asia_pacific/Korean-firms-post-mixed-results-for-the-second-quarter_54665.html
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