Market research firm Frost & Sullivan predicts that the global chemicals market will grow at a CAGR of 4.6 percent from 2012-2015 with Asia as the fastest growing region in the world.
Clariant, a specialty chemicals company, will build a new pigment preparations plant in Indonesia in a series of investments to strengthen on-the-ground support for customers in China, India and Indonesia.
Specialty chemicals distributor DKSH Business Unit Performance Materials is now a distributor for Tagra’s range of encapsulated actives, oils and pigments.
Momentive Specialty Chemicals Inc., Columbus, OH, plans to build a new plant in Chonburi, Thailand, which will increase its capacity to produce acrylic-based resins and serve customers in Southeast Asia.
SouthWest NanoTechnologies Inc. (SWeNT) has entered into a distribution agreement with Itochu Plastics Inc., part of the Itochu group, to distribute throughout Asia commercially produced specialty multi-wall and single-wall carbon nanotubes and carbon nanotube inks, pastes and dispersions.
On June 19, 2012, Evonik Industries held a ground-breaking ceremony for new production plants for the manufacture of isophorone and isophorone diamine in the Shanghai Chemical Industry Park (SCIP).