CHEMICAL UPDATE
OCTOBER 2014
McIlvaine Company
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INDUSTRY NEWS Global Demand for PVC to Increase, per New Report
COMPANY NEWS BASF Opens India Polyurethane Chemicals Plant Tesla Selects Nevada for Battery Plant Farmer Co-op CHS to Build $3-billion Nitrogen Fertilizer Plant in North Dakota LyondellBasell to Build World Scale PO/TBA Plant on U.S. Gulf Coast Dow to Divest Three More Businesses
MERGERS/ ACQUISITIONS Johnson Matthey Acquires Catacel Solvay to Acquire CPChem’s PPS for $220 million Albemarle Sells Antioxidant, Ibuprofen and Propofol Businesses to SI Grou Albemarle, Israeli Firm to Produce Polymeric Flame Retardants in New Joint-Venture PTT Global Chemical Increases Stake in French Chemical Firm Vencorex PPG Industries to Buy Mexican Paint Maker Comex