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The outlook for contract manufacturers looks promising despite cost pressures and increased competition, pharmaceutical ingredient manufacturers say. Active pharma ingredient (API) and pharma intermediate producers plan further expansion of their [...]

China has emerged as the largest chemical industry in the world, in terms of output value. The country's latest five-year plan, meanwhile, offers further growth opportunities for the chemical industry [...]

Pharmaceutical fine chemical producers and contract manufacturers say the industry is recovering from the economic downturn of the past two years and that the long-term future of the industry appears [...]

Major chemical companies from around the world are looking to China to help raise their revenues and drive recovery from the recession. Opportunities offered by China's huge domestic market are [...]

Strong economic growth, which has continued at an annual rate exceeding 6% even during the global economic slowdown, and a huge domestic market with a population of more than 1.2 [...]

The pharmaceutical industry, including drug companies and contract manufacturers, is under pressure to bring down costs, particularly in manufacturing, due to an increased focus on emerging markets, 'genericization' of pharmaceutical [...]

The pharmaceutical sector continues to be in a state of flux as major drug companies restructure to cut costs, including closing some plants and laying off staff, as the global [...]

Many have hailed the Beijing Olympics a success with its eye-catching, sophisticated stadiums and spectacular opening and closing ceremonies. The Olympics showcased modern China to the rest of the world [...]

It has been a long time coming, but contract manufacturers are finally beginning to reap financial rewards from their investment in large-molecule therapeutic drugs, also known as biologics or biopharmaceuticals. [...]

The chemical industry in India is expected to generate strong growth during the next few years, analysts say. 'Demand for chemical products in India has been witnessing growth of around [...]

The Indian chemical industry is benefiting from strong growth in the nation's economy over the last five years, and this is likely to continue for at least the next decade, [...]

Leading contract pharma fine chemical firms have announced a new wave of manufacturing projects or partnerships in China in recent months. Multinationals including Lonza, Sigma-Aldrich Fine Chemicals (SAFC), and Pfizer [...]

Southeast Asia is seeing a surge in petrochemical investments, driven by the region's fast-expanding economies, improved infrastructure, competitive manufacturing costs, and its proximity to other emerging markets such as China. [...]

India's economic growth slowed with the global economic crisis, but GDP is forecast to accelerate in 2010. The Indian economy is expected to grow 7% this year, compared with 6% [...]

Continuation of the Chinese government's fiscal stimulus, and moderate recovery in the global economy will help generate GDP growth in China of 8.9% in 2010, compared with 8.2% in 2009, [...]

The global pharmaceutical industry is expected to grow 40-6% this year, and sales will exceed $825 billion, says consulting firm IMS Health (Norwalk, CT). IMS Health also expects the global [...]

The Indian chemical industry, outside the petrochemical sector, is not immune to the global economic downturn, and some sectors are going through a difficult phase. Specialty chemicals are performing better [...]

The global economic crisis has had a huge impact on China, the world's fastest-growing major economy. The World Bank predicts that GDP growth in China will fall to 7.5% in [...]

The global pharmaceutical industry is expected to grow 4.5%-5.5% this year, a pace similar to 2008, and pharma industry sales will exceed $820 billion, says consulting firm IMS Health (Norwalk, [...]

Tata Chemicals (Mumbai) became the second-largest producer of soda ash, with total capacity of 5.5 million m.t./ year, following the $1-billion acquisition last January of General Chemical Industrial Products (GCIP; [...]

India is on course to become one of the top-10 pharmaceutical markets by 2015, according to a recent report by McKinsey & Co. (Mumbai). India's pharma market, currently the 14th [...]

Exports of fine and specialty chemicals from India have registered a significant rise in the last few years and the trend will continue, experts say. India's fine and specialty chemical [...]

Sinopec's chemicals segment, and the refining and chemicals business of PetroChina, each reported weak financial results for the first quarter of 2012. Sinopec's chemicals business posted an 86% fall in [...]

PTT Global Chemical (Bangkok), Thailand's largest integrated petrochemical and refining company, says its board has appointed Anon Sirisaengtaksin to succeed Veerasak Kositpaisal as CEO. Kositpaisal resigned from the company on [...]

Leading Korean chemical companies reported falling profits in the first quarter of 2012. LG Chem (Seoul) posted a 42% fall in net profits for the first quarter, compared with the [...]

Ube Industries says it has reached an agreement with Henan Zhongyuan Dahua Group (Puyang, China) and HighChem Co. (Tokyo), to establish a joint venture in China for manufacturing dimethyl carbonate. [...]

Mitsui Chemicals says that a fire broke out following an explosion on April 22 at a resorcinol plant at the company's Iwakuni-Ohtake production complex at Waki, Japan. The blast killed [...]

Reliance Industries says net profits for its fiscal fourth quarter ended March 31, 12012 decreased 21.2% compared with the same period of the previous year, to about Rs42.3 billion ($813 [...]

Kuraray has launched a business plan for the three-year period ending March 31, o15, targeting a 47% rise in sales over the period. The company aims to record sales of [...]

Mitsui Chemicals says its Mitsui Chemicals Tohcello (Tokyo) subsidiary has agreed to establish a joint venture with SCG Chemicals, the chemical subsidiary of Siam Cement Group (SCG; Bangkok), to construct [...]

Mitsubishi Gas Chemical (MGC) says that its Korea Engineering Plastics (KEP; Seoul) affiliate will expand capacity of its polyacetal production facility at Ulsan, Korea by 35,000 m.t./year, to 140,000 m.t./year. [...]

Linde says it has signed a long-term contract with the Sadara Chemical joint venture to supply carbon monoxide (CO), hydrogen, and ammonia to Sadara's previously announced manufacturing complex at Jubail, [...]

Shin-Etsu Chemical says it has established a wholly owned subsidiary, Shin-Etsu Changting Technology Co. (Longyan, China), to manufacture magnet alloys, an intermediate material for rare earth magnets. The company will [...]

The chemicals segment of Sinopec, and the refining and chemicals business of PetroChina, reported mixed financial results for full-year 2011. Fourth-quarter results were not disclosed. Sinopec's chemicals segment posted a [...]

Cytec Industries says it has acquired the manufacturing assets of specialty chemicals firm Star Orechem International (Nagpur, India) at Nagpur for about Rs1.84 billion ($37 million). The acquisition will increase [...]

Chemical demand growth in China has fallen below the double-digit percentage pace it has sustained over the last few years, but producers and analysts are confident that a feared 'hard [...]

Ube Industries has downgraded its sales and earnings forecasts for the fiscal year ending March 31, 2012. Ube expects to record net profits of [yen] 21 billion ($251 million), having [...]

SCG Chemicals, the chemical subsidiary of Siam Cement Group (SCG; Bangkok), says it has acquired additional shares in polyvinyl chloride producer Thai Plastic and Chemicals (TPC; Bangkok), an affiliate of [...]

SK Global Chemical, the petrochemical business of SK Innovation (Seoul), formerly SK Energy, says it will build an ethylene propylene diene monomer (EPDM) rubber plant at Ningbo, China. The plant [...]

Shaw Group has formed an alliance with Total Petrochemicals to jointly market and license Total Petrochemicals' polystyrene (PS) technology on a worldwide basis. Total Petrochemicals' PS technology produces both general-purpose [...]

Orica (Melbourne) says it has signed an agreement with Yara International and Apache Energy (Perth, Australia), a subsidiary of Apache Corp. (Houston), to form a joint venture to build a [...]

Lanxess says its Rhein Chemie (Mannheim, Germany) subsidiary has acquired Tire Curing Bladders (TCB; Little Rock, AR), a privately owned manufacturer of rubber bladders for the tire industry. Financial terms [...]

India's chemical sector continues to grow but there is a sense of uncertainty among manufacturers, according to experts at the Fifth Annual India Chemical Industry Outlook conference held recently in [...]

Asahi Kasei Chemicals (AKC), an Asahi Kasei subsidiary, says it will exit its Okayama Chemical (Tokyo) 50-50 joint venture with Daiso Co. (Osaka). Okayama Chemical, which was established in 1968, [...]

Mitsui & Co. and Sumitomo Corp. have agreed to study plans to integrate their fertilizer businesses in Japan. Mitsui and Sumitomo signed a basic agreement and are exploring the possibility [...]

The Chinese government says that the country will establish two or three large re earth enterprises by consolidating companies in the sector. The government did not disclose a timeline for [...]

Wacker Chemie says that its Siltronic semiconductor division plans to streamline 150 mm silicon wafer production capacities and will stop producing this wafer diameter at its Portland, OR site in [...]

Leading Asian chemical companies ported mixed financial results for the quarter or the full year ended December 31, 2011. LG Chem (Seoul) and SCG Chemicals, the chemical subsidiary of Siam [...]

Sumitomo Chemical tells CW that it is planning to build an additional solution-polymerized styrene-butadiene rubber (SSBR) manufacturing plant at Jurong Island, Singapore. The second plant is expected to have a [...]

Major Japanese chemical companies reported mixed financial results for the fiscal first nine months ended December 31, 2011. Firms including Mitsubishi Chemical, Asahi Kasei, and Shin-Etsu Chemical reported falling profits, [...]