Germany-based global chemical company BASF is planning to invest €10bn with a strategy to focus on sustainability in the Asia Pacific region by 2020. BASF is said to collaborate with the customers in the selected markets to discuss ...
The worldwide capital equipment market fell 15% last year to $36.9bn from $43.5 billion in 2011, says SEMI. SEMI expects a flat to single-digit decline trend this year and a strong recovery in 2014. ...
Tags: Capex Flat, capital equipment
Uncertainty over feedstock prices is putting a block on upward momentum in the European polyethylene terephthalate market, market sources said. Prices have been marching upwards recently as producers pushed through higher feedstock prices ...
New York base reinsurer, Transatlantic Holdings (TransRe) has appointed Robert Saville as the new senior vice president and head of Underwriting for the Asia-Pacific region. Saville, who holds more than 22 years of reinsurance experience, ...
Tags: Underwriting Head, Singapore Operations, Transatlantic Holdings
Southeast Asia's LNG demand would represent a third of Asian LNG demand growth by 2025, while India's would represent one-seventh, Nicholas Browne, Senior Gas Market Analyst at Wood Mackenzie said Wednesday. Total Southeast Asian LNG ...
Tags: Southeast Asian, Wood Mackenzie, Chemicals
Malaysia-Wireless Solution Sweden has announced the appointment of lighting specialists Acoustic&Lighting System to supply W-DMX to Malaysia,Thailand and Indonesia,effective immediately. With more than two decades of experience in ...
Middle Eastern petrochemical producers will continue to enjoy considerable cost advantage compared with their counterparts in Southeast Asia even as a scarcity of gas forces them to shift to other feedstocks, Jaap Kalkman, a partner at ...
Tags: ME petchem, petrochemical, gas prices
DKSH's Business Unit Performance Materials has expanded the partnership in the field of coatings and additives with Evonik Industries. DKSH has been appointed to distribute Evonik's Tego products in Indonesia and Thailand. DKSH will also ...
Tags: DKSH, coating products, paint, coatings, inks, adhesives applications
M-Xylene prices decreased by 2% in Europe in the week ending October 6, due to lower regional downstream demand trends. Prices were stable in the first half of September but went up by 11% and 4% week-on-week in the third and fourth week, ...
Tags: M-Xylene, M-Xylene prices, CFR, Xylene's demand
In the last week ending on September 6, Methanol market showed mixed trend in Asia, whereas it was stable in US and Europe. Methanol prices were assessed stable in China in the previous week as there was no movement in the market due to ...
Tags: methanol market, methanol, Methanex, chemicals
UK-based Tomlinson Hall&Co Ltd received the CraneChemPharma Flow Solutions Partnership in Growth Award at the ACHEMA exhibition held in Frankfurt,Germany. Presented by Tom Pozda on Crane's stand in Hall 8 of the exhibition,the award is ...
Tags: Crane, Tomlinson Hall, Germany
Taiwan-based China Electric Mfg.Corporation has seen banner revenue growth,mainly driven by exploring overseas markets for LED and traditional lighting in central,southern China and Southeast Asia in 2012.A China Electric executive has ...
Tags: China Electric, China, SE Asia, LED, LED bulbs, LED lighting
Thailand’s largest petrochemical and refinery firm, PTT Global Chemical (PTTCG) may opt to build new toluene diisocyanate (TDI) plant in SE Asia. TDI is a core component for making polyurethane. PTTGC, is considering several Southeast ...
Tags: market view
In Southeast Asia, both import and local PP prices have moved higher in the first week after the Chinese New Year holidays, as per Chemorbis. Players cited stronger propylene feedstock costs along with firming prices in the nearby Chinese ...
Tags: PP prices
LED packaging company Ledtech Electronics expects its sales of LED lighting products to the Southeast Asia market to soar in 2012. For the first 11 months of 2011, Ledtech posted pre-tax profits of NT$60.98 million (US$2.02 million), which ...
Tags: Market View, led light