TDI and fertilizer maker Dahua posted CNY 610m ($94m) net loss on a 42% drop in revenue to CNY 1.8bn, according to its 2015 annual report
An 80.1% stake in Japan’s Toshiba’s Lifestyle Products & Services Corporation was sold for JPY 53.7bn ($473m) to appliances maker Midea.
On 6 April an explosion hit a paraxylene (PX) plant owned by Taiwan’s Tenglong Aromatics in Zhangzhou, Fujian
Sinomax Group saw its US sales drop by 14% last year to HKD1.1bn ($142m) with a rise in export volume
Heze Haipu Appliances held a start-up ceremony earlier in March for its 500,000 unit/year refrigerator
China’s largest PU adhesives maker Huitian New Materials expects to have full operation of its 10kT/year single-component PU adhesives facility at 2016 year end
China’s largest system house Hongbaoli posted its annual results estimates in February, pegging its 2015 revenue at CNY 1.8bn ($276m).
State-backed Tianying Petrochemical signed construction contract in January for the first phase of its 300kT/year ethylene glycol project.
China National Bluestar (Group) has recently appointed Michael Koenig as its ceo
Markor Meiou, a joint venture between BASF and China’s Markor Chemical Industry, is to start operation of its 100kT/year BDO facility in Korla, Xinjiang during the remainder of January 2016.