Thailand (171)

Indonesia (101)

Singapore (207)

THAILAND

Siam Cement and Partners Sign JV Deal for $4.5-Billion Project in Vietnam
Siam Cement notified the Stock Exchange of Thailand today that it and its Vietnamese and Qatari partners have signed a joint venture agreement for a previously announced petrochemical complex in Vietnam. The partners will invest $4.5 billion in the project, following a final investment decision, which is expected next year....

Indorama to Acquire Old World's Chemical Assets for $795 Million (updated)
Indorama Ventures (Bangkok) says it will acquire the chemical assets of Old World Industries (Northbrook, IL), including its production facility located at Clear Lake, TX, for $795 million. Old World will retain its consumer products division, including Peak antifreeze. As part of the purchase agreement, Old World will enter into a long-term glycol supply contract with Indorama for its antifreeze production in the U.S....

Indorama Relocates Trevira's Texturizing Capacity from Poland to Germany
Indorama Ventures (Bangkok) announced through a letter to Thailand's stock exchange that it would relocate the texturizing capacity of its Trevira (Bobingen, Germany) joint venture. The relocation is expected to be completed by the end of 2012 and it...

Siam Cement’s Chemicals Business Reports Fall in Profits
SCG Chemicals, the chemical subsidiary of Siam Cement Group (SCG; Bangkok) recorded a 51% fall in profits for 2011, compared with 2010, to baht11.19 billion ($354 million). Sales for 2011 increased 34%, compared with the previous year, to baht192.9 billion...

Indorama to Invest $700 Million in PTA, PET, PSF Project in India
Indorama Ventures (Bangkok) says it will construct an integrated facility in India, which will consist of purified terephthalic acid (PTA), polyethylene terephthalate (PET), and polyester staple fiber (PSF) production plants fully-integrated with a...

More Stories »

INDONESIA

Honam Firms up Plans for Petchems Complex in Indonesia
Honam Petrochemical has firmed up plans to invest in a petrochemical complex in Indonesia. The company announced in March last year that it is planning to expand in Southast Asia, which would include investing in a manufacturing complex in Indonesia. It did...

Toyo Engineering Buys Stake in Indonesian Engineering Firm
Toyo Engineering Corp., announced today that it has acquired a 47% stake in PT. Inti Karya Persada Teknik (IKPT; Jakarta). IKPT, an engineering company founded in 1982, specializes in engineering, procurement and construction (EPC) work in sectors that...

Nippon Shokubai to Expand Superabsorbent Polymers Plant in China
Nippon Shokubai says it has approved Nisshoku Chemical Industry's (NCI; Zhangjiagang, China) investment plan for the expansion of NCI's superabsorbent polymers plant at Zhangjiagang. A new superabsorbent polymers plant with a...

Shin-Etsu to Build Plants in Vietnam for Silicone-based LED Materials and Rare Earths
Shin-Etsu Chemical says plans to build plants for silicone-based materials for high-brightness light-emitting diode (LED) packaging as well as the separation and refinement of rare earths in Vietnam. Total investment for both plants...

Toyo Engineering Awarded Contract for Bioethanol Facility in Malaysia
Toyo Engineering (Narashino, Japan) says its Toyo Engineering & Construction Sdn. Bhd. (Toyo-Malaysia; Kuala Lumpur) subsidiary has been awarded a contract to build a bioethanol production facility with a capability of 10,000 m.t./year at Johor Bahru...

More Stories »

SINGAPORE

Sumitomo to Build Second SSBR Plant in Singapore; Breaks Ground on First Plant (Update)
Sumitomo Chemical tells CW that it is planning to build an additional solution-polymerized styrene-butadiene rubber (SSBR) manufacturing plant at Singapore. The second plant is expected to have a production capacity of about 40,000 m.t./year. The company says...

Shin-Etsu to Build Plants in Vietnam for Silicone-based LED Materials and Rare Earths
Shin-Etsu Chemical says plans to build plants for silicone-based materials for high-brightness light-emitting diode (LED) packaging as well as the separation and refinement of rare earths in Vietnam. Total investment for both plants...

Petronas in Discussions with Several Petrochemical Companies for Rapid Project
Petronas is in discussions with several companies including Dow Chemical, ExxonMobil, and Shell for building petrochemical plants at Petrona’s previously announced $20-billion refinery and petrochemicals complex, called the Refinery and Petrochemicals...

Asahi Kasei to Build Second SSBR Plant in Singapore
Asahi Kasei Chemicals (AKC), an Asahi Kasei subsidiary, has confirmed its plans to build a second solution-polymerized styrene-butadiene rubber (SSBR) plant with a production capacity of 50,000 m.t./year at Jurong Island, Singapore. The planned second plant...

Mitsui Opens Technical Support Centers in Shanghai and Singapore
Mitsui Chemicals says it has established two technical support centers in key Asian markets - one at Shanghai, China and the other at Singapore. The centers will initially serve as technical support bases for functional polymeric materials. The company plans future...

More Stories »