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January 17, 2014
Inner Mongolia Baotou Steel Rare-Earth Hi-Tech (Baotou, China), China’s largest producer of rare earths, has acquired nine rare earth mining companies in Inner Mongolia, an...
http://www.chemweek.com/sections/business_finance/asia_pacific/Chinas-largest-rare-earth-producer-acquires-nine-rare-earth-mining-firms_58012.html
January 17, 2014
LG Chem (Seoul), South Korea’s largest chemical company, says that it will invest 320 billion South Korean won ($302 million), to increase production capacity for acrylic acid at...
http://www.chemweek.com/sections/business_finance/asia_pacific/LG-Chem-invests-more-than-$300-million-to-up-acrylic-acid-capacity_58013.html
January 17, 2014
Sika (Baar, Switzerland) says it has acquired the remaining 24.5% stake in Dyflex (Tokyo), gaining 100% ownership of that company. Dyflex, which was founded in 1964, is a market leader...
http://www.chemweek.com/sections/business_finance/asia_pacific/Sika-acquires-remaining-stake-in-Japanese-company_58014.html
January 10, 2014
Sika (Baar, Switzerland) says it has agreed to acquire LCS Optiroc (Singapore), a leading manufacturer of cementitious powder products, including business operations in Malaysia...
http://www.chemweek.com/sections/business_finance/asia_pacific/Sika-to-acquire-manufacturer-of-cementitious-powder-products_57832.html
January 10, 2014
BASF says it will build a compounding plant at Yesan, South Korea, for the company’s engineering plastics Ultramid and Ultradur. Construction is expected to begin by mid-2014, and the plant will become operational by the end of 2015....
http://www.chemweek.com/sections/business_finance/asia_pacific/BASF-to-build-engineering-plastics-compounding-plant-in-South-Korea_57833.html
January 10, 2014
Sinopec Engineering and Zhong Tian He Chuang Energy have entered into an engineering, procurement, and construction (EPC) contract for the development of a coal-to-chemicals project in...
http://www.chemweek.com/sections/business_finance/asia_pacific/Sinopec-Engineering-bags-coal-to-chemicals-contract_57834.html
December 20, 2013
Clariant Chemicals India (Mumbai) says it intends to acquire masterbatch producer Plastichemix Industries (Vadodara, India), for about 1.35 billion Indian rupees ($21.8 million)....
http://www.chemweek.com/sections/business_finance/asia_pacific/Clariant-to-acquire-masterbatch-producer-in-India_57510.html
December 20, 2013
Showa Denko has unveiled its medium-term management plan for the two-year period ending 31 December 2015. The scheme is the second phase of a business plan launched by the company in...
http://www.chemweek.com/sections/business_finance/asia_pacific/Showa-Denko-announces-medium-term-business-plan_57511.html
December 20, 2013
Haldor Topsøe says that its board has approved the capital investment needed to build a previously announced automotive catalyst plant in the Tianjin Economic Technological...
http://www.chemweek.com/sections/business_finance/asia_pacific/Haldor-Topsøe-invests-$166-million-for-China-catalyst-plant_57512.html
December 13, 2013
Air Liquide says it has been awarded a major long-term contract by Semiconductor Manufacturing International Corp. (SMIC; Shanghai) to supply ultrapure carrier gases to SMIC’s latest wafer fab at Beijing, which will manufacture advanced integrated circuits for consumer electronics and mobile devices for international and Chinese markets....
http://www.chemweek.com/sections/business_finance/asia_pacific/Air-Liquide-signs-gases-contract-in-China_57289.html
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
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