Mid-tier Chinese smartphones have been sweeping through the Chinese and Southeast Asian markets, with high-end models too now finding rapid expansion here. And with such Chinese devices flocking together with...
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Mitsui Chemicals Eyes Further Expansion in Chinese FPD Market
Mitsui Chemicals Inc. (TYO:4183) is intensifying its efforts to open up the flat-panel display (FPD) market in China. At present, Mitsui Chemicals supplies Chinese manufacturers of displays and related parts...
Propylene Remains at High Price Point in Asian Market
Asian market prices for propylene have stabilized around the lower half of the $1,100 range, coming off a gradual rise that began in mid-July. One major factor here has been...
US-China Trade War Weakens Yuan, Delivering Blow to Polycarbonate Resin Market
The supply–demand balance for chemical products has started to bear the effects of the ongoing trade war between China and the U.S., with shifting exchange rates exerting an influence on...
US–China Trade War Brings Concern to Broader Asian Market
A second round of sanctions and retaliatory tariffs in the U.S.–China trade war took effect on Aug. 23. Each side has placed an additional 25 percent in tariffs on $16...
ABS Resin Sees Shrinking Price Spread With Raw Materials
The price spread between acrylonitrile–butadiene–styrene (ABS) resin and its raw materials has been shrinking as of late, driven in part by trends in the Chinese market. Cost, insurance and freight...
Japanese Recycling Businesses Hit by Chinese Regulations
The effects of China’s limits on the import of solid waste are impacting about 80 percent of businesses in Japan that are involved in the recycling business. The situation came...
Teijin Eyes China After Achieving Tier 1 Status in Europe, North America
Teijin Ltd. (TYO:3401) has achieved Tier 1 status in the European and North American markets with the acquisition of two Tier 1 suppliers: U.S.-based Continental Structural Plastics Inc. (CSP) and...
PTA Supply–Demand Balance Stable in Asia
Purified terephthalic acid (PTA) is showing a stable balance of supply and demand in the Asian market. This comes as a return to form after China’s aggressive pursuit of domestic...
KH Neochem Makes Push With Refrigerant Oil Materials for Air Conditioning
KH Neochem Co. Ltd. (TYO:4189) is launching an offensive with its raw materials for air conditioning refrigerant oil. Looking at national and regional demand for air conditioning, Japan, North America...
China Chases World Leaders DuPont, Teijin in Aramid Fiber Market
A number of Chinese companies have begun taking pursuit of E.I. du Pont de Nemours and Co. and Teijin Ltd. (TYO:3401), which together make up around 90 percent of the...
Japanese Companies Expand R&D Presence in China
Japanese companies are increasingly setting up R&D bases in China. This comes as these companies feel that they can no longer effectively respond to Chinese demand simply by importing and...
China’s Petroleum, Chemical Industries Brace for Uncertainty Following Strong First Half
Total sales for January–June in China’s petroleum and chemical industries have come in at 6.43 trillion yuan ($937.2 billion), marking a 13.2 percent year-on-year increase. Coming in response to vigorous...
Shanghai Petrochemical Pursues Mass Production of Large-Tow Carbon Fiber
Sinopec Shanghai Petrochemical Co. Ltd. is pressing forward with efforts to begin mass production of large-tow carbon fiber made with polyacrylonitrile (PAN). A subsidiary of China Petroleum & Chemical Corp....
Southeast Asia Becomes New Hotbed for Japanese Exports of Plastic Waste
Japanese plastic waste exports into Southeast Asia are on the rise. Export volume into Vietnam, Thailand and Malaysia is rising at a staggering pace, coming in place of volume that...
Mitsubishi Chemical to Boost LiB Electrolyte Capacity to 85,000 Tons by 2020
Mitsubishi Chemical Corp. plans to expand its ability to produce electrolytes for lithium-ion secondary batteries (LiB), consolidating its position as the global market leader. The company intends to boost production...
Teijin Frontier Develops New Heat-Resistant Bag Filter With High Performance, Long Life
Teijin Frontier Co. Ltd. has developed a new heat-resistant bag filter that makes use of Teijinconex, a superfine meta-aramid fiber with high heat resistance. Plans are to target this new...
China’s First-Half Ethylene Production Hits 9M Tons
New figures from China’s National Bureau of Statistics show the country’s ethylene production as having risen 0.5 percent year-on-year to 9 million tons for the first half of calendar 2018....
METI Raises Concerns Over Semiconductor Overproduction in China
The Ministry of Economy, Trade and Industry (METI) released its White Paper on International Economy and Trade 2018 at a cabinet meeting on July 10. The new report sets aside...
BASF Moves Step Closer to Second Verbund Site in China
BASF SE has begun looking into the construction of a $10 billion self-funded chemical plant complex in Guangdong Province, China. The complex would make use of the German-based chemical firm’s...
