Ube Industries has unveiled a new medium-term management plan for the next three years. Ube is targeting operating profits of ¥55 billion ($540 million) in the fiscal year ending 31 March 2016 compared with operating profits of ¥29.9 billion in the...
Private equity firm Advent International has made a first appointment to its operating partner program in China, the company has announced. Advent appointed Michael Ming-Yue Zhu, country general manager of Solvay China to the program. Zhu will advise Advent...
Brenntag says it has signed a purchase agreement to acquire the distribution business of Blue Sky Environment (Brisbane, Australia). Blue Sky is a distributor of AdBlue with a national storage and dispensing network across Australia. AdBlue is a non-toxic and...
Invista has announced it has signed a land reservation agreement with the Shanghai Chemical Industry Park Development Co. for a previously announced nylon-6,6 polymer site at the Shanghai Chemical Industry Park. The agreement is for additional land adjacent...
Chemtura says it has acquired UP Chemical’s (Pyeongtaek, South Korea) 50% stake in their DayStar Materials (Pyeongtaek) joint venture. DayStar was formed in 2011 as a 50-50 jv of Chemtura and UP Chemical, and it manufactures and markets high-purity...
Sumitomo Chemical reports a net loss of ¥51 billion ($498 million) in the fiscal year ended 31 March compared with a net profit ¥5.58 billion in the previous fiscal year due to large extraordinary losses and an additional corporate tax adjustment with...
The Phosphate Chemicals Export Association (PhosChem) said on Tuesday that it has reached an agreement to supply 400,000 m.t. of diammonium phosphate to 2 undisclosed "large Indian customers" for shipment between now and September this year...
GTC Technology (Houston) says it has opened a full-service process engineering office at New Delhi, India. GTC is a technology licensor and provides proprietary licensed technology, engineering, separation equipment and technology to chemical, petrochemical...
Indian Farmers Fertiliser Cooperative (Iffco; New Delhi) and Vale (Rio de Janeiro) have signed a five-year agreement, under which Vale will supply Iffco with rock phosphate from its Bayóvar mines, in Peru, for the manufacture of phosphate fertilizers...
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