CHEMICAL UPDATE
AUGUST 2014
McIlvaine Company
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COMPANY NEWS Dow Chemical Second Quarter 2014 Highlights Dow Building New World-Scale Ethylene Production Facility in Texas Nova Expanding PE Research Center Lanxess Launches New Polyamide Plant in Belgium BASF Opens Concrete Admixture Production Facility in Nairobi, Kenya BASF Venture Capital Invests €1 Million in UK-Based Technology Provider SmartKem BASF, Huntsman and Chinese Partners Adding PU Capacity in Shanghai Braskem Adding UHMWPE Capacity in Texas China’s Wison Selects UOP’s Methanol-To-Olefins Technology MERGERS/ ACQUISITIONS Ineos Buys Out JV Partner BASF for Full Control of Styrolution Sasol and Ineos Form Joint Venture to Build HDPE Plant DuPont to Sell Copper Fungicide Business Assets to Mitsui Albemarle to Acquire Specialty Chemical Rival in $6.2 Billion Deal