IHS Chemical Week
ASIA/PACIFIC

Sri Lankan company to establish textile chemical plant

12:54 PM MDT | April 16, 2014 | Francinia Protti-Alvarez

Sri Lanka's Board of Investment (BOI; Colombo) has signed an agreement with S&D Associates (Colombo), to establish a textile chemical plant under the name S&D Chemicals, the Sri Lankan government's official news site says. The plant is to be located...


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Songwon to acquire specialty chemicals business of Indian pharma firm SeQuent

Pharmaceutical company SeQuent Scientific (Bangalore, India), on 15 April, informed the Bombay Stock Exchange (Mumbai) that it has signed an agreement with Songwon Industrial (Ulsan, South Korea), under which Songwon will acquire the former company's...

Chinese firm selects CB&I Catofin technology

Shandong Chengtai Chemical Industry Co. has awarded a contract for the license and engineering design of a grassroots isobutane dehydrogenation unit to CB&I, the company says The unit, to be built at Changyi, Shandong Province, China, will use...

Sika acquires flooring and coating products manufacturing facility in South Korea

Sika (Baar, Switzerland) says it has acquired a manufacturing facility located at Gunsan, South Korea. The facility manufactures and distributes flooring and coating products based on epoxy resins, acrylic emulsions, and polyurethane and employs 28 people...

Japan and Cambodia sign low carbon-growth partnership

The Ministry of Economy, Trade and Industry (METI; Tokyo) says that Japan and Cambodia signed a deal on 11 April for a joint crediting mechanism (JCM), and, under this mechanism, Japan will implement various projects that will reduce greenhouse gas emissions...

Evonik enters into research partnership with University of Tokyo

Evonik Industries and the University of Tokyo have entered into a strategic partnership to work together closely in selected fields, Evonik says. “The strategic partnership with such an excellent university is an important step for us in...

Sumitomo buys stake in Cepsa phenol project at Shanghai

Sumitomo has agreed to acquire a minority share in Cepsa Química China (Shanghai), and the resulting company will be a 75-25 joint venture between Cepsa (Madrid) and Sumitomo, the latter announced today. The agreement will combine Sumitomo's Asian...

Bayer MaterialScience opens textile coating pilot line at Shanghai

Bayer MaterialScience says it has opened a textile coating pilot line at the company's Polymer Research & Development Center at Shanghai. The global demand for environmentally friendly synthetic leather and coated textiles is expected to grow strongly...

Sumitomo Corp. acquires Bayer fungicide product line

Sumitomo Corp. has acquired the fungicide Metominostrobin from Bayer CropScience's Japan subsidiary. Financial terms of the agreement were not disclosed. Metominostrobin is a broad-spectrum, systemic fungicide with preventative and curative activity, the...

IHS: Rapid growth in silicones through 2018, but overcapacity threatens

China's silicone producers are adding capacity more quickly than the market can absorb, increasing the pressure to rationalize production, according to analysts at IHS Chemical....

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