CHEMICAL UPDATE
MAY 2015
McIlvaine Company
These are the headlines in the Chemical Industry Update for the current month. The full text is available as part of World Markets for Your Products. http://www.mcilvainecompany.com/brochures/worldindbrochure/worldindcharts/worldindbrochure.htm
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AMERICAS Evonik Starts Basic Engineering Work for New Precipitated Silica Production Plant in US PeroxyChem Breaks Ground On Hydrogen Peroxide Purification Plant in NY Borealis and Agrifos to Set Up Ammonia Plant in Texas Chevron Phillips Chemical Breaks Ground on Polyethlene Plant in Bartlesville, OK
ASIA AkzoNobel to Build €30 million Performance Coatings Facility in Thailand Jacobs Awarded EPCM Contract by Huntsman for Singapore Polyetheramine Expansion
EMEA Selena Gets EBRD Loan to Expand Construction Chemical Business in Kazakhstan Mexichem’s VESTOLIT Subsidiary to Increase Specialty PVC Capacity in German Plant Sasol Performance Chemicals Expands Catalyst Carrier Production Capacity Hexcel Launches Site for New Carbon Fiber Plant in France; Announces Capacity Expansions at Weaving and Prepreg Facilities Evonik Doubles Methacrylic Anhydride Capacity in Germany Nippon Shokubai Plans Belgium Investment for Superabsorbent Polymer Jacobs Awarded Four-Year EPCM Contract by Sadara
MERGERS/ ACQUISITIONS/ JV
Valspar to Buy Performance Coatings Businesses of Quest Specialty Chemicals
Ashland to Sell Industrial Biocides Assets to Troy
DSM Dyneema Acquires Performance-Materials Company Cubic Tech
Solvay and Enirgi Chemicals Join Forces to Market SOLVAir Solutions for Emissions Treatment in North America
Solvay Completes Divestment of Refrigerant Activities in Germany to Daikin
Cargill Acquires Boulder-Based OPX Biotechnologies' Technology
Albemarle Unit Acquires Aluminum Finishing Chemical Business in Germany