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Shin-Etsu buys General Electric out of silicones joint venture in Thailand
Shin-Etsu Chemical has acquired the 50% it did not already own in Asia Silicones Monomer (ASM; Rayong, Thailand) from General Electric Co.(GE) for 15 billion Japanese yen ($147.4 million), the company announced on Thursday. ASM was jointly managed by the two...

Report: EU lets antidumping duties lapse on PET from 5 Asian countries, renews antisubsidy duty on PET from India
The European Union decided during a plenary session at Strasbourg, France, to let lapse a set of antidumping duties on polyethylene terephthalate (PET), imposed in 2000 on product imported from India, Indonesia, Malaysia, Taiwan, and Thailand, according to a...

Vietnam gives preliminary approval for PTT's refinery and aromatics project
PTT (Bangkok) has received preliminary approval from the local government of Binh Dinh Province, of Vietnam, to proceed to the next stage of its previously announced proposal to build an oil refinery and aromatics complex in the Nhon Hoi Economic Zone...

PTT Global Chemical and Myriant form Auria BioChemicals joint venture
The board of PTT Global Chemical (PTTGC; Bangkok) has approved the formation of a joint venture with Myriant Corp. (Quincy, MA) to commercialize bio-based technology in Southeast Asia. The joint venture, Auria BioChemicals Co., was registered in Thailand on 3...

APIC 2013 Day 2: Diversification and new technologies could counter threat from low-cost shale
ASIA'S MOVERS AND SHAKERS: Board members of petrochemical associations of (from l) Malaysia, Thailand, Singapore, Taiwan, Japan, Korea, and India. Speakers and delegates attending this year’s Asia Petrochemical Conference (APIC) in Taipei...

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