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Malaysia's Petronas Plans $20 Billion Johor Energy Complex

13.05.2011 - Malaysia's state-run Petronas will build a $20 billion integrated refinery and petrochemicals complex that will raise the country's total refining capacity by half to 935,300...

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UK Advanced Biofuel Firm Signs China Partners

10.05.2011 - UK-based TMO Renewables has signed deals with two state Chinese firms to develop pilot plants producing cellulosic ethanol, the company said on Monday. The deals are with state...

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SABIC In Chemicals JV With Japan's Asahi, Mitsubishi

28.04.2011 - Saudi Basic Industries, the world's largest chemicals producer by market value, said it will launch a joint venture firm with Japan's Asahi Kasei Chemicals and Mitsubishi. The new...

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LDK Solar Makes $40 Million Entry Into LED Business

11.04.2011 - Solar wafer producer LDK Solar will invest about $40 million to enter into the business of sapphire substrates used to make LEDs, which are likely to see higher demand as power...

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Styron to Build New Latex Production Unit in Zhangjiagang

07.04.2011 - Styron said it plans to expand its latex capacity at its Zhangjiagang, China production facility. The company said the projected additional capacity of latex will help to better...

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Samsung LED, Sumitomo Chemical To Set Up Wafer JV

28.03.2011 - Samsung LED, a joint venture led by Samsung Electronics, and Sumitomo Chemical said on Monday they had agreed to form a wafer joint venture. Samsung LED said in a statement that...

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BASF to Start MDI Project in Chongqing, China

28.03.2011 - BASF said it will build a 400,000 metric tons per year MDI (diphenylmethane diisocyanate) project in Chongqing, China. The investment will total €860 million. The facility, which...

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Nigeria Agrees to $10 Billion Investment In Gas, Chemicals

28.03.2011 - Nigerian President Goodluck Jonathan said on Thursday he had signed agreements worth around $10 billion over the next three years for investment in gas processing, petrochemicals...