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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 and Aramco Move Ahead with $7-Billion Rabigh II Project
Saudi Aramco and Sumitomo Chemical say that their Petro Rabigh petrochemicals joint venture will go ahead with the previously announced Rabigh II Project at Rabigh, Saudi Arabia. Sumitomo and Aramco have done a joint feasibility study for the Rabigh II...

Kuraray Acquires U.S. Manufacturer of Polyvinyl Alcohol Film
Kuraray says it has agreed to acquire MonoSol (Merrillville, IN), a manufacturer of polyvinyl alcohol (PVOH) film, and has reached an agreement with MonoSol Holdco, the parent company of MonoSol, for the acquisition. Financial details of the deal were not...

Mitsubishi Tanabe Pharma Exits Fine Chemicals Business
Mitsubishi Tanabe Pharma (Osaka, Japan) says it will exit the fine chemicals business and transfer its fine chemical operations to two companies. Mitsubishi Tanabe Pharma’s pharmaceutical ingredient manufacturing and sales operations will be transferred...

Tosoh Reports Fall in Profits
Tosoh recorded a 6.3% fall in net profits for the fiscal year ended March 31, 2012, compared with the previous fiscal year, to ¥9.4 billion ($118 million). Sales for the fiscal year increased 0.4%, to ¥687.1 billion. “The decline in...

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