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KOREA

Nippon Shokubai to establish subsidiary in South Korea
Nippon Shokubai says that it will establish a new wholly owned subsidiary called Nippon Shokubai Korea at Seongnam, South Korea on 1 April 2015. Nippon Shokubai Korea will mainly be involved in supporting the sales and marketing activities for Nippon Shokubai...

Mitsui Chemicals, SKC to merge polyurethane material businesses
Mitsui Chemicals and SKC (Seoul) plan to merge their polyurethane (PU) raw material businesses into a joint venture by 1 April 2015. Mitsui president and CEO Tsutomu Tannowa and SKC CEO Jang Suk Park signed the jv agreement today. The jv, yet to be named...

Teijin to open second production line for separators for lithium ion secondary batteries
Teijin says that it will open a second production line in South Korea for Lielsort, an innovative separator for lithium ion secondary batteries (LIBs). Operations will begin on 24 December. Lielsort is used widely in smartphones and tablets. The new...

LG Electronics and Dow link in quantum dot TV project
Dow Chemical will supply quantum dot material to LG Electronics, which is launching a new range of high-tech TVs in early 2015. Dow is building a quantum dot factory in South Korea using technology from Nanoco Group, with production starting in the first half...

South Korea's November styrene exports dip 4.0% from October
South Korea exported 126,232 m.t. of styrene in November, down 4.0%, from 131,765 m.t., in October, the latest Korea Customs Service data show. The fall mostly reflects a lack of styrene shipments to Taiwan in November—down from 5,042 m.t. in...

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