Houston Roundup

25 June 2001 00:00  [Source: ICB Americas]

DIRE STRAITS Late last week, after an evaluation by the Galveston District of US Army Corps of Engineers, US Coast Guard restricted traffic on the Houston Ship Channel, the jugular of the Texas chemical industry, to one lane because of shoaling caused by runoff of the floods created by tropical storm Allison.

HOUSTON AREA FLOOD Local chemical and petroleum companies are among the industries donating millions of dollars for flood relief in the aftermath of tropical storm Allison, in what is now characterized as the worst disaster in Houston history.

The Lyondell-Citgo refinery in Houston, crippled by a flood-related flash fire, was expected to return to full operation this week. The facility has been running at half its 260,000 barrel-per-day capacity.

In Louisiana, the damage from Allison, is roughly five times the $10 million in claims filed after Hurricane George in September 1998.

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