IHS Chemical Week
ASIA/PACIFIC

FDA issues import alert against Ipca API plant

11:25 AM MST | January 23, 2015 | Deepti Ramesh

FDA, on 22 January, issued an import alert for an active pharmaceutical ingredient (API) manufacturing facility of Ipca Laboratories (Mumbai), located at Ratlam, India. An import alert allows FDA to detain, without physically examining, products that either...


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South Korea's benzene exports to China rise amid crude volatility

South Korea's benzene exports to China have increased in January on month-on-month and year-on-year (YOY) bases, data obtained by IHS Chemical show. Volatile crude oil futures have put downward pressure on spot prices for benzene of South Korean origin...

Japan's aromatics production declined in 2014

Production of several major aromatics products declined in Japan during 2014, data from the Japan Petrochemical Industry Association (JPIA; Tokyo) show. JPIA posted data for 18 products, of which 14 declined in production. Benzene and styrene were among the...

BP's Capco JV to decommission five PTA plants in Taiwan, close site

China American Petrochemical Co. (Capco), a joint venture between BP and CPC Corp. (Taipei), has announced that it will decommission its five purified terephthalic acid (PTA) plants at Kaohsiung, Taiwan, and close the Kaohsiung site. The five plants have...

Mitsui runs Chiba cracker at 80% on berth repairs

Mitsui Chemicals is operating its steam cracker at Chiba, Japan, at about 80% of capacity after the company reduced runs from 100% on 20 January, Mitsui said today. The cracker was shut to carry out repairs on its sea berths, the company says. Mitsui's Chiba...

Kumho Petrochemical plans to shut rubber units in October for maintenance

Kumho Petrochemical (Seoul) plans to shut its synthetic rubber plants at Yeosu and Ulsan, South Korea in October for annual maintenance, a source close to the company said today. The maintenance program is expected to take about two weeks to complete...

Reliance Industries raises $1 billion for capital expenditure program

Reliance Industries has raised $1 billion for its capital expenditure program through an issue of 4.125% ten-year US dollar-denominated senior unsecured notes, the company announced today. The notes were priced at 240 basis points above the 10-year US...

Sumitomo Chemical and Universal Display sign technology license agreement for OLED lighting devices

Sumitomo Chemical and Universal Display Corp. (Ewing, NJ) say that they have signed an organic light emitting diode (OLED) technology license agreement. Universal Display, which was founded in 1994, develops and provides OLED technologies, materials and...

Ube Industries to set up new R&D facility in Japan

Ube Industries said today that it will establish a new R&D facility within the Sakai factory at Sakai City, Osaka Prefecture, Japan, in July 2016. The center will expand the company's R&D capabilities in the strategic growth segment of specialty...

Sinopec's ethylene production up 7.2% in 2014

Sinopec produced 10.7 million m.t. of ethylene in 2014, up 7.2% from 9.98 million m.t. in 2013, the company announced today. Sinopec's production accounted for 63% of China's overall ethylene production in 2014. The National Bureau of Statistics (Beijing)...

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