IHS Chemical Week

Regions :: North Asia

Taiwan (149)

Korea (423)

Japan (1199)


TAIWAN

Chemtura to expand ADPA antioxidant capacity at three sites
Chemtura will increase capacity for its Naugalube alkylated diphenyl amine (ADPA) liquid antioxidants at three sites “to prevent predicted future shortages of antioxidants in the automotive petroleum additive industry worldwide.” By 2015, the...

CPhI: ScinoPharm looks to tap Japanese market
Active pharmaceutical ingredient (API) manufacturer ScinoPharm (Tainan, Taiwan) tells CW that the changes in the Japanese pharmaceutical market present significant opportunities for the company, and that ScinoPharm aims to grow its business in the Japanese...

LCY Chemical ordered to halt polypropylene production at Kaohsiung
LCY Chemical (Taipei), which is being investigated by Taiwanese authorities over its role in the 31 July explosions at Kaohsiung, Taiwan, which killed 30 people and injured more than 300, has been ordered to halt production at its polypropylene (PP) plant...

LCY terminates merger agreement with Kraton
Kraton Performance Polymers today announced that on 8 August, it received notice from LCY Chemical (Taipei) that LCY has terminated their merger agreement following the Kraton board's 6 August withdrawal of its recommendation that Kraton's stockholders...

Kraton decides against merger with LCY Chemical’s SBC business
Kraton Performance Polymers today announced that on 6 August, its board of directors withdrew its prior recommendation that Kraton's stockholders approve the merger with the styrenic block copolymer (SBC) operations of LCY Chemical (Taipei). Plans for the...

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KOREA

OCI to sell stake in water treatment chemicals producer OCI-SNF
OCI (Seoul) said today that it is to sell its entire stake in the OCI-SNF (Seoul) joint venture for 95.7 billion South Korean won ($89.9 million). OCI-SNF produces and markets water treatment and paper-making chemicals containing organic polymer flocculants...

LG Chem's third-quarter earnings tumble
LG Chem (Seoul) today reported a major drop in third-quarter earnings. Net profit plunged 34.2%, to 231.9 billion South Korean won ($218.8 million), the company says in a filing to the stock exchange. Operating income declined 30.8%, to won357.5 billion...

Mitsubishi Chemical to restructure PTA business
Mitsubishi Chemical plans to restructure its money-losing purified terephthalic acid (PTA) business, according to Yoshimitsu Kobayashi, president and CEO of Mitsubishi Chemical Holdings Corp. Kobayashi was speaking to CW on the sidelines of the recent Cefic...

Schulman and Initz form alliance for PPS compounds
A. Schulman says that it has signed an agreement and a strategic partnership with polymer producer Initz (Ulsan, South Korea) to compound and market Initz's Ecotran polyphenylene sulfide (PPS) compounds. Schulman will produce, sell, and distribute the Ecotran...

Mitsui Chemicals establishes marketing base in South Korea
Mitsui Chemicals has established a branch that will serve as the marketing hub for the functional polymeric materials expansion strategy in the South Korean market. The new base brings Mitsui Chemicals’ operations in South Korea to six.   South...

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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...

Sumitomo Chemical upgrades forecast
Sumitomo Chemical announced today that it has revised its consolidated financial forecast for the half-year, ending 30 September, compared with what it had announced on 12 May. The upward revision is due to higher petrochemical, plastics, and basic chemicals...

Ube downgrades net profits, sales projections
Ube Industries has revised its net profits and sales forecasts for the fiscal first half ended, 30 September 2014, and for the full fiscal year, ending 31 March 2015. Ube expects to record no net profits for the fiscal half, having previously forecast net...

Mitsubishi Gas Chemical to quit PTA business, p-xylene plant's future questionable
Mitsubishi Gas Chemical (MGC; Tokyo) said today that it will quit the purified terephthalic acid (PTA) business at the end of March 2015. MGC and Toyobo are partners in Mizushima Aroma, an equally owned joint venture that operates a 260,000-m.t./year PTA...

Zeon hikes prices of hydrocarbon resins
Zeon (Tokyo) is increasing the price of its Quintone hydrocarbon resins by 5–7%, equivalent to $220/m.t., effective 15 October 2015. The price will rise to about $4,400/m.t., the company tells CW. Zeon says the increase is necessary to improve...

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