IHS Chemical Week

Regions :: North Asia

Taiwan (182)

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TAIWAN

Mitsui Chemicals acquires stake in Taiwan-based firm
Mitsui Chemicals says that it has acquired a stake in MSCT Corp. (Taipei), a subsidiary of electronic components trading company Sentronic International (Taipei). Sentronic has a 55% stake in MSCT and Mitsui holds the remaining 45%. With the move, Mitsui aims...

Showa Denko expands capacity for high-purity ammonia in Taiwan
Showa Denko says that it has increased the production capacity for high-purity ammonia—a specialty gas for producing semiconductors—at the company’s Taiwan Showa Chemicals Manufacturing subsidiary’s site at Tainan, Taiwan, from 2,500...

Chang Chun restarts acrylic emulsion plant following accident
Chang Chun Petrochemical (Taipei) has restarted production at an acrylic emulsion plant following an accident earlier this week, local sources tell CW. On 7 December an accident occurred at Chang Chun’s Miao Li second acrylic resins emulsion plant some...

Idemitsu Kosan to shut polycarbonate plant
Idemitsu Kosan says it will stop in-house production of polycarbonate (PC) resin, sold under the Tarflon brand. The company will close its PC production facility at its Chiba site at Ichihara, Japan, in December. The plant's PC production will be transferred...

Air Liquide signs contracts to supply nitrogen to semiconductor manufacturers in Asia
Air Liquide says that it will invest more than €100 million ($112.4 million) to supply ultra-pure carrier gases to customers’ semiconductor fabs in Asia, that manufacture integrated circuits and memory for consumer electronics and mobile...

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KOREA

SK Global Chemical reports operating loss due to weak margins
SK Global Chemical, the petrochemical business of SK Innovation (Seoul), reports an operating loss of 46.9 billion South Korean won ($38.5 million) for the fourth quarter of 2015 compared with an operating profit of won78.3 billion in the fourth quarter of...

S-Oil swings to profit citing improvement in refining business
S-Oil Corp. (Seoul), a leading refiner and aromatics producer majority owned by Saudi Aramco, on Thursday reported a swing to profit in the fourth quarter of last year citing an improvement in its refining business. Net profit reached 80.58 billion South...

LG Chem's profits soar on improved petchem margins
Citing improved petrochemical margins amid low oil prices, LG Chem (Seoul) on Tuesday reported fourth-quarter 2015 net profits increased 89%. Net profit reached 207.0 billion South Korean won ($171.9 million) in the fourth quarter on 6.2% lower sales of...

LG Chem cancels polysilicon project in South Korea, petchems in Kazakhstan
LG Chem (Seoul) said on Tuesday that it has abandoned plans to enter the polysilicon business and has canceled its project to build a plant. The company announced in 2011 that it planned to enter the business with a 491-billion South Korean won ($408.4...

Samsung SDI separates chemical assets before sale to Lotte
Samsung SDI shareholders on Monday agreed to spin off its chemicals business into a new affiliate tentatively called SDI Chemical. The unit will be sold to Lotte Chemical during the first half of this year under plans the companies announced last year...

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JAPAN

Mitsubishi Chemical: Restart of Kashima Complex Could Take 'Some Time'
Mitsubishi Chemical says that operations at its Kashima, Japan manufacturing complex will not resume for some time because of severe damage to piers at the adjacent port, and to other infrastructure, caused by the earthquake and tsunami that struck the...

DIC reports higher earnings on improved operating environment, rationalization
DIC (Tokyo) has announced its financial results for the fiscal year ended 31 December 2015. DIC decided in 2013 to change its fiscal year-end from 31 March to 31 December. DIC reports a 48.4% rise in net profits for 2015 compared with 2014, to ¥37.39...

PPG receives DOE funds for fuel-efficient tires
PPG Industries has announced that it has received funding from the US Department of Energy (DOE) to support a project to improve the fuel efficiency of radial tires for trucks and buses. The project is a $1.25 million collaboration with Bridgestone (XXX). The...

Asahi Kasei president steps down over construction subsidiary scandal
Asahi Kasei Corp. announced on Tuesday that Toshio Asano, 63, will step down as president in the wake of a piling data falsification scandal involving the company’s construction materials subsidiary, Asahi Kasei Construction Materials Corp. Asano...

Toray reports higher profits and sales
Toray Industries reports a 21.8% increase in net profits for its fiscal first nine months, ended 31 December 2015, compared with the year-ago period, to ¥76.17 billion ($663 million). Nine-month sales increased 6.3%, to ¥1.58 trillion. Third-quarter...

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