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10:09 AM, 1st September 2014
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Samsung Engineering to merge with Samsung Heavy Industries

SEOUL, KOREA: Samsung Engineering Co Ltd, the largest engineering company in Korea has officially announced that it will merge with Samsung Heavy Industries, the world’s market leader in drillship LNG carriers and FPSO. The merger between Samsung Engineering and Samsung Heavy Industries was decided during their board of directors meeting on September 1 to create a “world-class total solution provider for shipbuilding and onshore and offshore services.” The merger ratio will be ...

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9:56 AM, 28th July 2014
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BASF invests €90 million in innovation campus expansion in China

LUDWIGSHAFEN, GERMANY/SHANGHAI, CHINA: BASF, the world’s leading chemical company, broke ground on the second phase of its Innovation Campus Asia Pacific at its Pudong site in Shanghai, China. The €90 million expansion consists of an additional regional research and development (R&D) building and auxiliary facilities and it will be completed by the end of 2015. The Innovation Campus is BASF’s most important R&D centre in the region and is expected to become one of its l ...

9:52 AM, 25th July 2014
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FMC opens innovation centre in Shanghai, China

SHANGHAI, CHINA: FMC Corporation, a leading diversified chemical company, opened its Asia innovation centre in the Zhangjiang Hi-Tech Park in the Pudong area of Shanghai, China. The new state-of-the-art facility serves as the company’s hub for research and development, technical innovation, operational support and executive management in the Asia Pacific region. The new innovation centre features world-class laboratories for crop protection research and unique facilities designed exclusive ...

9:16 AM, 25th July 2014
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BASF invests €50 million in automotive coatings plant in China

SHANGHAI, CHINA: BASF Shanghai Coatings Co Ltd, inaugurated a new automotive coatings plant at the Shanghai Chemical Industry Park in Shanghai, China. The expansion of its automotive coatings production capacity with an investment of around €50 million further strengthens BASF’s presence in China and its position as a leading coatings supplier to the automotive industry. The new automotive coatings plant is located adjacent to another new BASF resin and electrocoat plant which will s ...

6:11 AM, 18th July 2014
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Praxair to supply industrial gases in China

SHANGHAI, CHINA: Praxair, Inc, through a subsidiary, has signed a long-term contract to supply industrial gases to Nanjing Jinling Huntsman New Materials Co, Ltd, a joint venture between Sinopec Jinling and Huntsman. Jinling Huntsman will use the gases to help build a state-of-the-art propylene oxide and methyl tertiary butyl ether plant located in Nanjing, East China. Praxair will construct its new air separation unit (ASU), with a capacity of 900 tonne per day of oxygen, in the Phase II area ...

11:06 AM, 16th July 2014
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Invista wins purified terephthalic acid lawsuit in China

BEIJING, CHINA: An international technology and manufacturing company, Invista, recently resolved a lawsuit against a Chinese engineer for misappropriation and infringement of trade secrets relating to a portion of Invista’s purified terephthalic acid (PTA) technology. Invista licenses its proprietary PTA technology to Chinese and other companies, who use it to produce polyester-related products. During one of Invista’s technology projects for a Chinese licensee, an employee of a Ch ...

11:10 AM, 11th July 2014
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In Indonesia, labors collect noxious sulphur with bare hands

EAST JAVA, INDONESIA: In Indonesia, people are found collecting sulphur from their hands to make matches and white sugar. Several hundred men work in the heart of Ijen volcano in East Java, Indonesia collect yellow lumps of sulphur that solidify beside its acidic crater lake. Once processed, the sulphur is used to bleach sugar, make matches and fertiliser, and vulcanise rubber in factories at home and abroad. The traditional sulphur miners of East Java in Indonesia bear the scars of their labour ...

11:23 AM, 9th July 2014
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Nippon Shokubai opens acrylic acid, N-Phenylmaleimide plant in Himeji, Japan

TOKYO, JAPAN: Nippon Shokubai Co, Ltd held an opening ceremony for the new acrylic acid plant, N-Phenylmaleimide plant and waste liquid incinerator system in Himeji plant, Japan. Acrylic acid, one of Nippon Shokubai’s core businesses, shows steady growth of demand together with the growth of its main uses, acrylates and superabsorbent polymers (SAP). With the start of the new acrylic acid plant at Himeji, Nippon Shokubai will enhance its position as one of the world top suppliers of acryli ...

9:41 AM, 9th July 2014
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Evonik starts hydrogen peroxide plant in Jilin, China

JILIN, CHINA: Evonik Industries formally commenced operations at a new hydrogen peroxide plant in Jilin, China. The new production plant has an annual capacity of 230,000 metric tonne. Evonik has invested over €100 million in the site, thereby raising its current global capacity for hydrogen-peroxide production to more than 900,000 metric tonne per annum. Evonik will supply hydrogen peroxide from Jilin straight to the neighboring propylene oxide plant run by Jishen Chemical Industry Co Ltd ...

12:00 PM, 8th July 2014
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Showa Denko expands lithium ion batteries material capacity

TOKYO, JAPAN: Showa Denko Packaging Co Ltd, a subsidiary of Showa Denko KK, completed the expansion work of its production capacity for aluminum laminated films used for packaging lithium ion batteries (LIBs) at its Hikone Plant in Shiga Prefecture, Japan and started mass production with the expanded lines in this July. As a result of this expansion work, Showa Denko Packaging’s production capacity for aluminum laminated films has been increased to be three times as much as that in 2010. ...

7:21 AM, 4th July 2014
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DIC to build polyphenylene sulfide compounds plant in China

TOKYO, JAPAN: DIC Corporation has resolved to build its first polyphenylene sulfide (PPS) compounds plant in the People’s Republic of China (PRC) in the city of Zhangjiagang, Jiangsu Province. The new plant, total investment in which will be approximately ¥1.3 billion ($12.7 million), will be located within the site occupied by wholly owned subsidiary DIC Zhangjiagang Chemicals Co Ltd, which produces synthetic resins, among others. Annual production capacity will be 6,000 tonne. Constr ...

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