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10:29 AM, 29th January 2015
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BASF starts polymer dispersions production in Malaysia

PASIR GUDANG, MALAYSIA: BASF is further strengthening its production footprint in Asia Pacific with the start-up of its first production plant for polymer dispersions in Pasir Gudang, Malaysia. This production plant is built at the existing BASF production site, located in the Pasir Gudang Industrial Park of the Johor Free Trade Zone. The plant is BASF’s third polymer dispersions plant in ASEAN, complementing the existing dispersions plants in Jakarta and Merak, Indonesia. This wholly-own ...

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HIGHLIGHTS


11:11 AM, 10th December 2014
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BASF to invest €50 million in new innovation campus in Mumbai, India

MUMBAI, INDIA/LUDWIGSHAFEN, GERMANY: BASF broke ground on a new Innovation Campus in Navi Mumbai, India. The company will invest approximately €50 million via BASF Chemicals India Private Limited, a wholly owned subsidiary of BASF SE. The facility will accommodate around 300 scientists investigating areas such as crop protection, process development and polymer research. The BASF Innovation Campus (Mumbai) will host global research activities and regional and local development activities. ...

12:12 PM, 8th December 2014
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Reliance, Pemex JV for potential upstream oil and gas business opportunities in Mexico

MUMBAI, INDIA: Reliance Industries Limited (RIL) and the Mexican state owned company, Petroleos Mexicanos (Pemex) have entered into a Memorandum of Understanding (MOU). As per the MOU, RIL will cooperate with Pemex for assessment of potential upstream oil and gas business opportunities in Mexico and jointly evaluate value added opportunities in International Markets. RIL and Pemex will also share expertise and skills in the relevant areas of oil and gas industry including for deep-water oil and ...

12:16 PM, 3rd December 2014
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Showa Denko, UOP JV completes construction of high silica zeolite plant in Japan

TOKYO, JAPAN: Union Showa (USKK), a joint venture between Showa Denko (SDK) and UOP LLC (UOP), has completed the construction of a new high silica zeolite plant within the premises of SDK’s Higashinagahara Plant in Aizu-Wakamatsu City, Fukushima Prefecture, Japan and will start operation of the new plant in this December. High silica zeolite has been in tight supply, reflecting a growing demand on a global scale. In Japan and other Asian countries, in particular, demand is expected to gro ...

7:20 AM, 1st December 2014
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Indian detergent manufacturer, Nirma plans to buy FMC’s soda ash assets

AHMEDABAD, INDIA: Nirma, an Indian detergent manufacturer, is eyeing a big acquisition in the US Sources suggest that Nirma is in talks with New York Stock Exchange (NYSE) - listed FMC Corp for buying their soda ash assets worth $1.5 billion. FMC Corp has appointed Bank of America Merrill Lynch and Goldman Sachs for the sale process, a direct source in the US said. Sources suggest that Nirma is keen on the buyout but may have to participate in an aggressive bid process if there is enough intere ...

10:44 AM, 27th November 2014
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Asahi Kasei starts up polycarbonatediol plant in China

TOKYO, JAPAN: Asahi Kasei Chemicals has completed the construction of a plant in China for Duranol polycarbonatediol (PCD), an intermediate for high-performance polyurethanes, and began its commercial operation. PCD is used to make high-performance polyurethanes with characteristics such as exceptional heat resistance and water resistance. Demand for PCD is growing throughout the world as the polyurethane market increasingly shifts toward higher-performance. The new plant in China will enable ...

12:09 PM, 25th November 2014
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Mitsui, Lubrizol collaborate for Lucant polymer product line

CLEVELAND, US/TOKYO, JAPAN: The Lubrizol Corporation and Mitsui Chemicals, Inc have entered into an alliance agreement making Lubrizol the exclusive worldwide seller and marketer of the LUCANT polymer product range to the lubricant industry. This agreement will maximize each company’s strengths and utilizes a joint development approach to new polymer R&D. LUCANT will be marketed as a viscosity modifier for lubricant applications as well as a synthetic base fluid component for lubricant ...

1:16 PM, 24th November 2014
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Soitec, SK Innovation collaborate for semiconductor materials

SEOUL, SOUTH KOREA/BERNIN, FRANCE: Soitec, a world leader in generating and manufacturing revolutionary semiconductor materials for the electronics and energy industries, and SK Innovation, the leader of Korea’s energy industry for the past five decades and a pioneering company in the fields of energy, lubricants, petrochemicals, organic materials, information electronic materials, and lithium-ion batteries, have signed a collaboration agreement (CA) to establish a strategic alliance focus ...

11:52 AM, 19th November 2014
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Kemira opens new production plant in Nanjing, China

NANJING, CHINA: Kemira celebrated the completion of the company’s new production base in Nanjing, China. Kemira’s already completed and future investments into the plant will amount to approximately $100 million in an area of 77,000?. It will provide a wide range of functional and process chemicals for water-intensive industries such as the paper industry. The estimated annual capacity is 100,000 tonne. The first phase operations provide nearly 100 jobs for the local community. After ...

12:22 PM, 18th November 2014
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Asahi Kasei starts production of high-output UVC LEDs at Fuji, Japan

TOKYO, JAPAN: Asahi Kasei Group company Crystal IS, Inc of the US has started commercial production of high-output UVC LEDs at Asahi Kasei facilities in Fuji, Shizuoka, Japan, and launched the sale of Optan UVC LEDs for analytical and instrumentation applications such as monitoring of chemicals in pharmaceutical manufacturing and drinking water quality inspection and control. Crystal IS has commercialized UVC LEDs by forming thin films on single-crystal substrates of aluminum nitride (AlN). Its ...

10:06 AM, 17th November 2014
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World’s largest SNG plant starts operation in China

LYNGBY, DENMARK: Haldor Topsoe A/S announced that Huineng, a large-scale SNG (Substitute Natural Gas) plant, went successfully on-stream near the city of Ordos, located in Inner Mongolia in the northern part of China. Topsoe has designed the methanation section of this plant, which is the company’s second large-scale coal-based industrial SNG reference to begin operations in China following last years’ opening of Qinghua, the world’s largest SNG plant located in the Xinjiang re ...

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