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7:44 AM, 9th September 2014
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Bayer to increase thermoplastic polyurethane capacity in Cuddalore, India

MUMBAI, INDIA: Bayer MaterialScience is planning to increase its production capacities in Cuddalore, Tamil Nadu India to meet the continued growth in demand for thermoplastic polyurethane (TPU). With the addition of a second TPU production line, the annual capacity of Cuddalore site will increase to 6,000 metric tons from its current capacity of 2,500 metric tons.The installation is expected to be completed by the 2nd quarter 2015. “As the only local TPU producer, BMS has been committed t ...

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11:44 AM, 20th August 2014
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LG Chem targets to become global player in reverse osmosis membranes

SEOUL, SOUTH KOREA: South Korean petrochemicals company, LG Chem, has unveiled plans to become a global player in the market for reverse osmosis membranes for desalination. The plan was announced along with its aim to boost sales of engineering plastics as part of a two-track strategy for the business. The company said it wanted to pursue substantial growth in its water treatment filter business through its newly acquired subsidiary, LG NanoH2O. LG Chem acquired the California-based, reverse o ...

11:34 AM, 20th August 2014
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AkzoNobel to build decorative paints facility in China

CHENGDU, CHINA: AkzoNobel broke ground on its new decorative paints site in Chengdu, capital city of Sichuan Province, China. The facility is part of an investment in excess of €50 million to build manufacturing facilities for both powder coatings and decorative paints. Located in Qionglai Yang’an Industrial Park, the new site – the company’s fourth plant for decorative paints in China – occupies an area of 55,000 square meters. The first phase is scheduled to be ope ...

10:40 AM, 19th August 2014
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Mitsubishi, GAP Instaat to build fertilizer plant in Turkmenistan

TOKYO, JAPAN: Mitsubishi Corporation (MC) and GAP Instaat Yatirim ve Dis Ticaret AS (GAP) have reached an agreement with the government of Turkmenistan for the construction of a large-scale fertilizer plant in Turkmenistan. The project will be undertaken in collaboration with Mitsubishi Heavy Industries, Ltd (MHI) for Turkmen state-owned company, Turkmenhimiya. The plant, to be constructed in Garabogaz, northwest of the country along the Caspian Sea, will be the largest urea fertilizer plant in ...

11:21 AM, 1st August 2014
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Nippon Shokubai cancels SAP project in China

TOKYO, JAPAN: Nippon Shokubai announced the cancellation of investment for superabsorbent polymers (SAP) at Nisshoku Chemical Industry, Zhangjiagang Co Ltd, a subsidiary in China. The capacity expansion of the plan of SAP plant was announced on 31 January 2012. The expansion was suspended at that time, due to the accident occurred at NIPPON SHOKUBAI Himeji Plant on 29 September 2012, in order to dedicate necessary internal resources to the recovery from the accident at Himeji plant. This time, ...

9:49 AM, 31st July 2014
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Showa Denko to acquire Air Products’ high-purity chlorine business in Taiwan

TOKYO, JAPAN: Showa Denko KK has decided to acquire a high-purity chlorine business in Taiwan, in order to strengthen its special material gas business. Taiwan Showa Chemicals Manufacturing Co Ltd, a subsidiary of Showa Denko, has come to a general agreement with Air Products San Fu Co, Ltd, a subsidiary of Air Products and Chemicals Inc, to acquire Air Products San Fu’s high-purity chlorine business including its production facility located in Kaohsiung, Taiwan, by transfer, setting the e ...

9:38 AM, 30th July 2014
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AkzoNobel partners with SERIS for cost effective solar cells

AMSTERDAM, THE NETHERLANDS/SINGAPORE: AkzoNobel has partnered with the Solar Energy Research Institute of Singapore (SERIS) at the National University of Singapore in order to explore less costly ways of producing high-efficiency silicon wafer solar cells. The company’s High Purity Metalorganics (HPMO) business is a leading supplier of electronic materials to the semiconductor and solar industries. Together with SERIS, they will now investigate how to respond to the photovoltaic industry&r ...

9:17 AM, 30th July 2014
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Essar in negotiation with BASF for $2billion petrochemicals JV

MUMBAI, INDIA: Indian multinational conglomerate Essar is reportedly negotiating with BASF to launch a $2billion petrochemicals joint-venture. The talks are part of Essar’s aim to become an integrated oil and gas firm. Essar has created an integrated petrochemicals complex concept, which includes expansion of its refinery in Vadinar, Gujarat, India. “It is still not clear if it will be an equal 50/50 JV or BASF will retain a 70 per cent share. They would want majority (stake) since ...

6:49 AM, 30th July 2014
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M&G, Anhui Guozhen to build bio-refinery in Fuyang City, China

FUYANG CITY, CHINA: M&G International Sarl, wholly owned subsidiary of M&G Chemicals, has entered into a Sino-foreign joint venture with Anhui Guozhen CO, Ltd. The joint venture company, Anhui M&G Guozhen Green Refinery CO Ltd (Green Refinery JV), will employ PROESA technology licensed by Beta Renewables to convert 970,000-1,300,000 metric tonne per year of agricultural residues into cellulosic ethanol, glycols and by-products such as lignin in Fuyang City, China. The biomass will be ...

4:52 AM, 29th July 2014
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Air Liquide to build research and technology centre in Shanghai, China

SHANGHAI, CHINA: Air Liquide broke ground on its new Research and Technology Centre, the Shanghai Research & Technology Centre, located in the industrial park of Xinzhuang, in the Minhang district of Shanghai, China. This new centre will ultimately house 200 highly skilled employees – who include researchers, experts in customer applications, and business development teams – to contribute to the acceleration of the Group’s innovation in Asia-Pacific. The scientific experts ...

9:59 AM, 28th July 2014
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GAIL, Sumitomo collaborate for natural gas, LNG

NEW DELHI, INDIA/TOKYO, JAPAN: Gas Authority of India Limited (GAIL) Limited announced the signing of a Memorandum of Understanding (MOU) with Sumitomo Corporation, Japan. Under the MOU, GAIL and Sumitomo will pursue business opportunities in natural gas and LNG value chain business globally, specifically covering cooperation in petrochemicals, natural gas procurement, pipelines and LNG. GAIL and Sumitomo hold half of the capacity in the Cove Point LNG Liquefaction Terminal in the US respectivel ...

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