IHS Chemical Week

Regions :: North Asia

Taiwan (165)

Korea (481)

Japan (1322)


TAIWAN

KH Neochem, CPC to build $400 million isononyl alcohol plant in Taiwan
KH Neochem (Tokyo) and CPC (Taipei) have agreed to form a jv for the production of isononyl alcohol (INA), says KH Neochem. The companies expect to establish the jv, Taiwan-Japan Oxo Chemical Industries, in June, followed by the construction of a $400 million, 180,000 m.t./year INA plant in Kaohsiung City, Taiwan....

BASF opens facilities in Taiwan to support electronic materials industry
BASF says that it has opened new facilities in Taiwan for the electronic materials industry. The facilities — for production, research and development, and application testing A BASF employee handles a silicon wafer at the expanded facilities for...

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...

Aromatics markets continue to sink in Asia as weak crude leads to offer cuts
Spot aromatics prices fell in Asia for a second day running today. Offers dropped below late yesterday's bids as crude futures stood at lows of more than five-and-a-half years. This afternoon in Asia, February Brent futures sank near $46/bbl compared with...

Asia aromatics prices threaten to outstrip 70-month lows as crude falls again
Spot prices for aromatics fell again in Asia today, threatening to dip below the 67–70-month weekly lows recorded last week, as volatile Brent crude futures fell below $49/bbl in late afternoon trading. Spot deals were concluded this morning for toluene...

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KOREA

Yeochun NCC stops feeding LPG into cracker
Yeochun NCC (YNCC; Seoul) has not been feeding 10% liquefied petroleum gas (LPG) into the company's No. 1 naphtha cracker at Yeosu, South Korea, since early February, a source close to the company said today. It was no longer economical to use a partial LPG...

China retains top spot for benzene exports from Korea
China was the leading destination for benzene exports from South Korea for a second straight month in February, data obtained by IHS Chemical show. More than 98,000 m.t. of benzene were transported to China in February, up from 95,149 m.t. in January and...

Axiall, Lotte delay decision on Louisiana cracker project
Axiall reiterated on 25 February its recent decision to delay construction of an ethane cracker in Louisiana until after the first quarter because of uncertainty in energy markets. On a conference call with financial analysts on 19 February, Axiall president...

Korea's benzene exports sank to US but soared to China in January
South Korea’s benzene exports to the United States fell 48% in January from 136,501 m.t. in December 2014, to 71,615 m.t., but shipments to China almost tripled, to 95,149 m.t., against 33,554 m.t. over the same period, Korea customs service data show...

Korea's p-xylene exports soared 72% in January
South Korea exported 512,852 m.t. of para-xylene (p-xylene) in January, surging 72% year-on-year from 298,185 m.t. and up 6.0% from 485,711 m.t. in December 2014, Korea customs service data show.   The bulk of the exports, 498,094 m.t., was...

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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...

Axalta expands customer training center in Japan
Axalta Coating Systems, a producer of liquid and powder coatings, says that it has expanded its customer training facilities for refinish technicians in Japan. The recently re-opened facility, located at Utsunomiya, is designed to provide additional resources...

Asahi Holdings completes purchase of Johnson Matthey’s gold and silver refining business
Precious metals recycling company Asahi Holdings (Tokyo) says that on 5 March, it completed the previously announced acquisition of Johnson Matthey’s gold and silver refining business. Plans for the acquisition were first announced last December, and...

Solvay, CDC Infrastructure and Marubeni form jv for energy efficiency project
Solvay Energy Services, a business unit of Solvay; CDC Infrastructure, a subsidiary of Caisse des Dépôts (Paris); and Marubeni (Tokyo) have formed a joint venture to finance and operate a cogeneration plant at Solvay's facility at Lyon, France...

Sumitomo Chemical acquires crop enhancement products business in US (Update)
Sumitomo Chemical says that its wholly owned Valent BioSciences (Libertyville, IL) subsidiary has acquired Mycorrhizal Applications (Grants Pass, OR), the world's largest producer of mycorrhizal fungal inoculum. Mycorrhizal inoculation increases plant...

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