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Air Products Signs a Contract to Supply Nitrogen and Oxygen to Samsung Mobile Display in Korea

16-Dec-2010

Air Products announced it has been selected to supply gaseous nitrogen, oxygen and argon to Samsung Mobile Display’s (SMD) newest Active-matrix Organic Light Emitting Diode (AMOLED) fab located in Tanjeong, Korea. Air Products will build a new air separation unit (ASU) and pipeline at its ...

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Evonik and SKC found joint venture for the production of hydrogen peroxide in Korea

16-Nov-2010

The signing of a deal in Essen on November 11, 2010, sees SKC, a Seoul, Korea-based company, acquiring a 45-percent share in Evonik Degussa Peroxide Korea Co., Ltd. (Ulsan), a subsidiary of Evonik Degussa GmbH. “SKC’s acquisition of a stake in Evonik Degussa Peroxide Korea will strengthen the ...

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Songwon announces the expansion of its antioxidants capacity

04-Nov-2010

Songwon Industrial Co. Ltd. announces the expansion of its antioxidants capacity from 55.000 tons to 70.000 tons. The expanded capacity will be on stream from August 2011. The expansion is the result of the consolidation of the Songnox® 1076 production into Songwon’s new fully backwardintegrated ...

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Songwon and HPL to form a Joint Venture for Polymer Stabilizers

02-Nov-2010

Songwon Industrial Co., Ltd. and HPL Additives Ltd. announce that they have signed a Letter of Intent to form Songwon HPL Additives PVT LTD. Accordingly, HPL will transfer all its business and assets related to Polymer Stabilizers to the new entity which will be owned 40% by HPL and 60% by ...

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Wacker Buys Silicone Production Plant in South Korea

18-Oct-2010

Wacker Chemicals Korea Inc. (a Wacker Chemie AG subsidiary) is acquiring the Lucky Silicone brand from Henkel Technologies (Korea) Ltd.. The transaction still requires antitrust approval. As part of the acquisition, Wacker takes over not only the rights to this South Korean brand, but also the ...

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Songwon announces global price increases for its range of Plastic Additives

20-Aug-2010

Songwon Industrial will increase global prices of its Songnox® antioxidants, Songlight® and Songsorb® UV stabilizers, Songstab® acid scavengers as well as of its range of aminic antioxidants between 5 and 15% effective on orders received on or after September 1, 2010, or as contracts ...

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ABB wins marine order worth $20 million

04-Aug-2010

ABB has won an order worth $20 million to provide complete power systems, drilling drive and propulsion systems for a new deep water drilling rig to be built by Daewoo Shipbuilding and Marine Engineering (DSME) at its shipyard in South Korea. The end customer is Brazilian ship owner Petroserv, ...

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Air Liquide announces a large hydrogen acquisition in Korea

12-Jul-2010

Air Liquide Korea has now completed the acquisition of H-Plus SGS, Ltd., a privately held supplier of piped carbon monoxide and hydrogen in Yeosu Driven by exports, South Korea’s economy has grown into one of the world’s most advanced economies (and its eighth largest exporter). This ...

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2 Max Planck Centers in South Korea planned

Max Planck Society has signed a memorandum of understanding with Pohang University of Science and Technology

25-Jun-2010

The two Max Planck Centers will be devoted to "Attosecond Science" and "Complex Phase Materials". Postech and Max Planck scientists have already been cooperating in both fields and will intensify the exchange of know-how and staff, jointly training junior scientists within the framework of the ...

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Songwon announces the expansion of its new isobutylene facility

07-Jun-2010

Songwon Industrial Co. Ltd. announced that its new isobutylene (IBL) production facility located at the Maeam site in South Korea, which just started production in May 2009 with a capacity of 30.000 tons has been successfully expanded to reach a total capacity of 40.000 tons. Jongho Park, ...

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