IHS Chemical Week

Regions :: North Asia

Taiwan (172)

Korea (527)

Japan (1376)


TAIWAN

LanzaTech's Holgrem to receive BIO Rosalind Franklin Award
The Biotechnology Industry Organization (BIO; Washington) has announced that Jennifer Holmgren, CEO, LanzaTech (Chicago), is to be the recipient of the 2015 BIO Rosalind Franklin Award. The award was established by BIO to honor an outstanding woman in the...

APIC 2015: Asian petrochemical industry should turn threats into opportunities
Delegates at this year’s APIC conference, under way in Seoul, on Friday heard speakers call for changes to accommodate current developments in the sector. Soo-Young Huh, chairman of the Korea Petrochemical Industry Association and CEO of Lotte Chemical...

DuPont and Taiwanese firm agree to develop high-efficiency solar cell technology
DuPont says that it has signed a technology cooperation agreement with Neo Solar Power (NSP; Hsinchu, Taiwan) for high-efficiency solar cell technology. The purpose of this agreement is to develop high-efficiency solar cell technology using new DuPont Solamet...

Shin-Etsu to invest $108 million to build photoresist plant in Taiwan
Shin-Etsu Chemical says that it plans to invest about ¥13 billion ($108.3 million) to build a photoresist production plant in Taiwan. Shin-Etsu has applied to authorities in Taiwan for a construction permit to build the plant and will begin building as...

Korea's February mixed xylene exports jump versus January
South Korea’s mixed xylene exports in February rose 48% from January to 19,665 m.t. but fell 11% from 22,224 m.t. year-on-year, Korea Customs Service data show. The sequential monthly increase resulted from higher exports to China and Taiwan, at...

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KOREA

Toray to acquire remaining shares in former Woongjin Chemical for $112 million
Toray Industries says that its wholly owned subsidiary Toray Advanced Materials Korea (TAK; Seoul) has launched another tender offer to acquire the remaining shares in Toray Chemical Korea (Seoul), formerly Woongjin Chemical. The total purchase price to...

Daelim and Daewoo win major petrochemicals plant order from S-Oil
Daelim Industrial (Seoul) and Daewoo Engineering & Construction (Seoul) announced on Wednesday that they have won a 3.5 trillion South Korean won ($3.2 billion) order to build a petrochemicals complex for S-Oil, a Saudi Aramco subsidiary. Under the terms...

Hanwha Chemical becomes Korea's top petchems group and among world leaders
Hanwha Chemical (Seoul), at end of April  closed the acquisition of two petrochemical companies, Samsung Total Petrochemicals and Samsung General Chemicals. The two companies, now renamed Hanwha Total and Hanwha General Chemicals added 10.2 trillion...

Asia styrene–benzene price spreads widen by more than $200 in one week
Benzene–styrene price spreads have widened $215–$225/m.t. week on week in Asia as spot prices for each product headed in opposite directions, IHS Chemical data show. For three straight days until today, styrene spot prices surged as buyers sought...

South Korea's April exports of benzene, mixed xylenes post 16–19% on-month rise
South Korea’s April exports of benzene and mixed xylenes showed month-on-month increases while falls were seen in shipments of para-xylene (p-xylene), styrene, and toluene, customs data show. Heading the higher principal aromatic exports was benzene...

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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...

Toray to acquire remaining shares in former Woongjin Chemical for $112 million
Toray Industries says that its wholly owned subsidiary Toray Advanced Materials Korea (TAK; Seoul) has launched another tender offer to acquire the remaining shares in Toray Chemical Korea (Seoul), formerly Woongjin Chemical. The total purchase price to...

Japan's April production of aromatics falls from March
Japan’s production of benzene, toluene, and xylenes fell in April by 10%, 4%, and 2%, respectively, from March, the Japan Petrochemical Industry Association (JPCA) announced today.   Overall benzene production was 333,300 m.t. against 369,000...

Sumitomo Seika Chemicals reports fall in profits
Sumitomo Seika Chemicals (Osaka) reports a 2% fall in net profits for the fiscal year, ended 31 March 2015, compared with the previous fiscal year, to ¥5.54 billion ($46.2 million). Full-year sales decreased 2.3%, to ¥92.7 billion. During the fiscal...

DIC reports huge rise in earnings
DIC (Tokyo) reports a 65.1% rise in net profits for its fiscal first quarter ended 31 March 2015, compared with the year-ago quarter, to ¥8.48 billion ($71 million). First-quarter sales decreased 0.5%, however, to ¥200.5 billion. During the...

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