THAILAND Imdex Acquires Australian Chemicals Firm Drilling products and services company Imdex (Perth, Australia) says it has signed a heads of agreement to acquire all shares in specialty chemicals firm Wildcat Chemicals Australia (Brisbane) for A$1.8 million ($1.6... Cognis Sells Oleochemicals Stake to Thai Firm Cognis says it has agreed to sell its 50% stake in Cognis Oleochemicals, an equally owned joint venture with Sime Darby Plantation (Kuala Lumpur), to PTT Chemical International (Singapore), a Singapore based subsidiary of PTT Chemical (Bangkok). Cognis... Rising Feedstock Costs Force Cuts in Petrochemical Production Several leading Asian petrochemical producers have reportedly decided to cut production due to rising costs of raw materials. The companies aim to stabilize margins, which are declining, reports say. Asahi Kasei plans to reduce operating rates at its... Toyo-Thai Awarded EPC Contract for Bisphenol A Plant Toyo-Thai Corp. says it has been awarded a lump-sum engineering, procurement, and construction (EPC) contract by PTT Phenol Co. for a previously announced 150,000-m.t./year bisphenol A (BPA) plant at Map Ta... BASF is Unlikely to Invest in Thai HPPO Complex BASF says it will most likely not invest in a previously announced hydrogen peroxide-propylene oxide (HPPO) joint project planned by Dow Chemical and Siam Cement at Map Ta Phut, Thailand. The jv has broken ground on the propylene oxide (PO)... More Stories » INDONESIA Imdex Acquires Australian Chemicals Firm Drilling products and services company Imdex (Perth, Australia) says it has signed a heads of agreement to acquire all shares in specialty chemicals firm Wildcat Chemicals Australia (Brisbane) for A$1.8 million ($1.6... Jordanian Firm Plans Phosphoric Acid JV in Indonesia Jordan Phosphate Mines Co. (JPMC; Amman) says it has signed an agreement with state-owned fertilizer company Petrokimia Gresik (Gresik... Petronas Starts Commissioning of Large-Scale Methanol Plant Petronas says that its Petronas Methanol (Labuan) subsidiary has started commissioning its 'mega' methanol plant at Labuan, Malaysia. The company has fired up the plant’s package boiler, the largest in Asia. It marks the start of commissioning... Petronas Launches Petchem Study with Uzbek Energy Company Petronas (Kuala Lumpur) says it has begun joint studies with Uzbekistan's state-owned oil company Uzbekneftegaz National Holding Co...
Greenpeace Steps Up Palm Oil Campaign Environmental pressure group Greenpeace in the past few days says it has stepped up its campaign to raise awareness about rainforests in Indonesia that are being destroyed to make way for palm oil plantations. Palm oil from Indonesia is used in a wide variety... More Stories » SINGAPORE Mitsui Develops Novel Catalysts Mitsui Chemicals says that its overseas R&D unit, Mitsui Chemicals Asia Pacific Technical Centre (Singapore), as well as the Agency for Science, Technology, and Research (Astar; Singapore) have jointly developed a zeolite-based catalyst that can produce... Imdex Acquires Australian Chemicals Firm Drilling products and services company Imdex (Perth, Australia) says it has signed a heads of agreement to acquire all shares in specialty chemicals firm Wildcat Chemicals Australia (Brisbane) for A$1.8 million ($1.6... SW Acquires Asian Coatings Business Sherwin-Williams (SW) says it has completed a previously announced acquisition of the liquid coatings subsidiaries of Inchem... Singapore’s PCS Seeks Added Value Petrochemical Corporation of Singapore (PCS), a joint venture between Shell Chemicals and a Japanese consortium led by Sumitomo Chemical, is working on several value-adding investment projects, says Stan Park, deputy managing director of PCS. Park, on a... Kuraray Establishes Hub in Singapore Kuraray (Tokyo) says it has established a wholly owned subsidiary, Kuraray Asia Pacific (Singapore), to oversee the group’s activities in the Asia/Pacific region outside Japan. The subsidiary will be an operational hub combining production and sales... More Stories »
|