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Asia

Bostik opens new powder plant in Malaysia

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Adhesive specialist Bostik has expanded its global footprint with the opening of a new production plant near the Malaysian city of Johor Bahru.
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China's Sinopec shortlists 37 bidders for fuel marketing unit

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State-controlled Chinese energy giant Sinopec has selected 37 potential buyers for a 30 percent stake in its fuel marketing unit, which analysts value in the region of $20 billion.
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Growth predicted for Chinese coating additives market

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The coating additives market is directly related to China's coatings industry, which is projected to expand at a compound annual growth rate (CAGR) of over 10% in 2014-19.
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Petrochemical firm apologizes after explosions in Taiwan

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Officials from LCY Chemical Corp., a petrochemical company based in Taipei, have apologized after a series of explosions rocked the city of Kaohsiung in southern Taiwan last week.
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Chinese chemical company to open Louisiana methanol plant

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A subsidiary of China-based Shandong Yuhuang Chemical Co. Ltd. plans to build a methanol manufacturing facility in Louisiana. It’s estimated the development will create about 400 permanent jobs, Louisiana Economic Development says.
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McDonald's, KFC involved in another China food safety scandal

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Chinese authorities are investigating after a report exposed a supplier falsifying product expiration dates.
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New FDA requirements to increase costs for Indian drug makers

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The U.S. Food and Drug Administration (FDA) is introducing more stringent regulation regarding quality standards for drug products manufacturing, which will push up costs for Indian drug producers.
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Wal-Mart to spend more than $48 million on food safety in China

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Supermarket chain Wal-Mart has pledged to increase its investments in China's food safety threefold, following the scandal in which fox meat was sold as donkey meat in the Asian country.
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China arrested 186 people for environmental violations in 2013

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As part of a nationwide campaign carried out in 2013 by local environmental authorities, over 3,500 businesses and workshops were closed after some 6,500 instances of environmental problems were detected.
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India's drug makers embrace automation

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India's second largest drug maker by sales, Dr. Reddy's Laboratories, is embracing automation and making it a critical part of the manufacturing process.
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