Chemicals - Diversified

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Samsung Fine Chemicals to set up new subsidiary

Thursday, 20 Mar 2014 03:13am EDT

Samsung Fine Chemicals Co Ltd:To invest 106,790 mln won to set up a wholly-owned subsidiary namely SunEdison Semiconductor Limited in Singapore.The subsidiary will be engaged in the manufacturing and sales of semiconductor silicon wafers.

Zhejiang Jiangshan Chemical Co Ltd establishes wholly owned subsidiary

Thursday, 27 Feb 2014 07:00pm EST

Zhejiang Jiangshan Chemical Co Ltd:Says invested 5 mln yuan in the establishment of a wholly owned subsidiary, a Zhejiang-based new material development company.The establishment was completed as of Feb. 26.

Chemipro Kasei Kaisha Ltd to launch new plant

Friday, 7 Feb 2014 01:40am EST

Chemipro Kasei Kaisha Ltd:Says it will invest approximately 930 million yen to launch a new plant in Fukushima, Japan, and complete the construction works in May 2015.Says the new plant will be engaged in synthetic manufacture of organic electro-luminescence (EL) materials.

PolyOne Corp To Expand Operations In India

Thursday, 17 Oct 2013 04:30pm EDT

PolyOne Corporation announced that it will expand operations in India. PolyOne has begun construction on a new facility in Pune, India, that will manufacture specialty materials, including solid masterbatch, liquid colorant and additives. The facility will operate development labs and the sales and customer service center for the region, and it is expected to open in the first quarter of 2014.

Kemira Oyj to Establish Multifunction Business Service Center in Poland

Tuesday, 23 Apr 2013 07:30am EDT

Kemira Oyj announced that the Company plans to establish a multifunction Business Service Center in Gdansk, Poland to serve all of Kemira's businesses in the EMEA region. The scope of the new center is planned to include transactional activities of certain support functions. Once fully implemented, the annual cost savings target for the planned support functions reorganization in EMEA is expected to be close to EUR 10 million. The related non-recurring restructuring charges are expected to amount approximately EUR 20 million. The plan to establish a Business Service Center impacts up to 210 current positions in the EMEA region, of which up to 80 are in Finland. Kemira will initiate co-determination negotiations in the countries where the support functions in scope have operations according to each country's local legislation.

Kolon Industries Inc to Invest KRW 150 Billion in New Factory

Monday, 25 Mar 2013 01:34am EDT

Kolon Industries Inc announced that it will invest KRW 150 billion constructing a new factory, during the period of March 25, 2013 to December 31, 2013, to improve market competitiveness.

Cydsa SAB de CV Creates New Area Of Business

Friday, 22 Feb 2013 02:21pm EST

Cydsa SAB de CV announced that it has created a new area of business: Real Estate Development, whose aim will be to identify, develop and capitalize opportunities in the field of real estate development.

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