IHS Chemical Week
ASIA/PACIFIC

Gail and Sumitomo Corp. sign MOU on energy and petchems cooperation

3:05 AM MDT | July 26, 2014 | Natasha Alperowicz

Gail India and Sumitomo Corp., one of Japan’s largest trading groups, on Friday announced the signing of a memorandum of understanding (MOU) covering cooperation in gas procurement and petrochemicals. Under the MOU, Gail and Sumitomo will pursue...


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MORE ASIA/PACIFIC

Ipca suspends API shipments to US

Ipca Laboratories (Mumbai), a manufacturer of formulations and active pharmaceutical ingredients (APIs), says it has decided to temporarily suspend API shipments from its manufacturing facility at Ratlam, India, to the United States in order to resolve issued...

FMC opens innovation center at Shanghai

FMC says it has opened its Asia Innovation Center in the Zhangjiang Hi-Tech Park in the Pudong district of Shanghai. The new facility serves as the company's hub for R&D, technical innovation, operational support, and executive management in Asia/Pacific...

SK Global Chemical reports huge fall in operating profits

SK Global Chemical, the petrochemical business of SK Innovation (Seoul), formerly SK Energy, reports a 77.2% fall in operating profits for the second quarter of 2014 compared with the year-ago quarter, to 51 billion South Korean won ($49.7 million)...

China to curb investment in small-scale coal-based projects

China's National Energy Administration (NEA; Beijing) has told local authorities to curb irrationally developing coal-to-oil and coal-to-gas projects, after new technology sparked an investment spree regardless of environmental and economic realities, the...

Shin-Etsu reports higher sales and earnings

Shin-Etsu today reported its financial results for the first fiscal quarter, ended 30 June. Consolidated net income was up 2.8%, to ¥32.9 billion ($324.1 million), on 8.7% higher sales of ¥294.5 billion. The company has revised its forecast for fiscal...

S-Oil swings to profit, to diversify portfolio with olefins complex

S-Oil (Seoul) today reported improved second-quarter results and outlined investment plans under new increased ownership by Saudi Aramco, including construction of an olefins complex. S-Oil’s second-quarter net income reached 67.9 billion South Korean...

BASF opens €50-million automotive coatings plant at Shanghai

BASF Shanghai Coatings, a joint venture between BASF Group and Shanghai Huayi Fine Chemical, today inaugurated its automotive coatings plant at the Shanghai chemical industry park. The €50-million ($67.2 million) facility expands the company’s...

Mitsui Chemicals opens plant to produce spunbonded nonwoven fabrics at Tianjin

Mitsui Chemicals, on 23 July, officially opened its previously announced plant at Tianjin, China, to produce spunbonded nonwoven fabrics. Plans for the new plant were announced in 2011, and a new subsidiary was established for the project. The new plant...

JSR employee killed in accident at synthetic rubber plant in Japan

JSR (Tokyo) says that a 19-year-old employee of the company died in an accident on 23 July at the company’s synthetic rubber manufacturing facility at Yokkaichi, Japan. The accident occurred at 12:25 pm local time, and the employee was trapped in...

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