For years, factories dumped chemical waste illegally into the Kim Kim River in Johor. Things came to a head in March 2019, when toxic fumes from the waste affected more than 6,000 people in the vicinity of Pasir Gudang. Around 2,800 people, including teachers and students of schools near the river, ...

MAINBOARD-listed Chemical Industries (Far East) has appointed Yeo Sze Chiat as its chief executive officer (CEO) effective Sep 1, the company said in a bourse filing on Tuesday (Aug 23) evening.

Chemical Industries has announced the appointment of Yeo Sze Chiat as its CEO with effect from Sep 1.Yeo has more than 20 years of business and operations experience in multinational companies (MNCs) in the chemical industry and has held various regional leadership responsibilities in business manag...

Chemicals distributor Megachem has reported earnings of $4.5 million for 1HFY2022, up 18% y-o-y. Revenue, meanwhile, was up 14.1% to $75.2 million.The company plans to pay an interim dividend of 0.8 cent per share.“Despite all the uncertainties in the first half of 2022, we delivered record high h...

TOKYO : Japanese ethylene production in June fell 6.5 per cent year on year to 431,300 tonnes, data from the Japan Petrochemical Industry Association showed on Thursday.Ethylene, made from naphtha, is a basic feedstock for petrochemicals that are processed into products such as plastics.Following i

China Everbright Water announced, on June 29, that it has recently secured the upgrading and expansion project of Zhangdian East Chemical Industry Park Industrial waste water treatment plant in Zibo City, Shandong Province.The project comes with an investment of approximately RMB 62 million ($13 mil...

This year, China Everbright Water started to implement the Zhangdian upgrading and expansion project to meet the growing demand for industrial waste water treatment from enterprises in the chemical industry park, as well as to actively implements the relevant requirements of the special working team...

SAC Capital’s Lim Shu Rong has called engineering services firm Dyna-Mac “a force to be reckoned with” as oil prices continue to rise and energy needs become more pressing.Lim has initiated coverage on the company with a non-rated report on June 29.In the report, Lim writes that the floating p...

SAC Capital analyst Lam Wang Kwan is keeping “buy” with an unchanged target price of 58 cents on Megachem as he sees the higher average selling prices (ASPs) for specialty chemicals to improve margins for the FY2022.Supply chain disruption and demand uncertainty have caused Megachem’s customer...

SEOUL: South Korea's average daily shipments of petrochemical products have plunged by 90 per cent since a strike by truckers in the country, the Korea Petrochemical Industry Association said on Monday (Jun 13). Volumes have been slashed to 10 per cent of the usual 74,000 metric tonnes si...

Chemical Industries (Far East), which manufactures and sells chemicals, posted a 344.2 per cent jump in net profit to S$9.4 million for the second half ended March 31, 2022.

Shares in LHN Logistics opened at 20.5 cents apiece when the company joined the Singapore Exchange’s (SGX) Catalist board on April 29. The price is 2.5% higher than its IPO issue price of 20 cents.LHN Logistics, which is a spin-off of dual-listed LHN, is trading under the stock code “GIH”.LHN ...

Lim Jit Poh, who is the founding chairman of Vicom, will be retiring after 40 years at its helm.Following his retirement, Lim will be given the title of emeritus chairman. He will also remain as senior advisor to Vicom to provide continuity to the group.Speaking at his last annual general meeting (A...

BEIJING : China on Thursday approved the establishment of a joint venture between Saudi Basic Industries Corp (SABIC) and China's Fujian Petrochemical Industrial Group (FJPEC), according to a Chinese government-run platform.The launch of the joint venture follows a memorandum of understandi...

TOKYO : Japanese ethylene production in January fell 6.1per cent from the same month a year earlier to 507,500 tonnes, data from the Japan Petrochemical Industry Association showed on Thursday.Ethylene, made from naphtha, is a basic feedstock for petrochemicals that are processed into products s...