Briefly Noted

Japanese petrochemical firmKH Neochem Co. Ltd.agreed to a U.S. $400 million 47-47-6 joint venture investment with Taiwans state-ownedCPC Corp. and a Taiwanese bank, respectively. The JV, known asTaiwan-Japan Oxo Chemical Inc., will produce lubricants feedstocks isononyl alcohol and butene trimer. Greek marine lubes supplier Aegean MarinePetroleum Network has opened a new location in Singapore as part of its newly launched marketing and trading division.