Americas top stories - weekly summary

29 August 2011 09:00  [Source: ICIS news]

HOUSTON (ICIS)--Here are some of the top stories from ICIS Americas for the week ended 26 August 2011.

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Hurricane Irene infrastructure woes worry US chemicals producers
Infrastructure problems and logistics issues in the wake of Hurricane Irene may threaten operations at US east coast chemical plants more than damage to the plants, an industry group said on Friday.

Hurricane Irene storm surge may threaten US east coast refineries
Possible flooding from the storm surge and the possibilities of more than 12 inches (30 cm) of rainfall are considered the most imminent dangers to east coast refineries as a result of Hurricane Irene, a refined-products trader said on Friday.

US east coast chemicals brace for Hurricane Irene impact
Chemical producers with plants on the US east coast said on Thursday they are considering whether to reduce plant production rates or shut down completely as Hurricane Irene turns toward North Carolina and Virginia.

Many eye Bayer W Virginia sites for new cracker in US
Bayer has received several inquiries regarding the use of its West Virginia sites for an ethane cracker, a top company executive said on Thursday.

US WR Grace loses bidding in business acquisition
US-based catalyst producer WR Grace's recent loss in the bidding for a business drew no immediate comments from other possible buyers on Wednesday.

US Ashland completes $3.2bn acquisition of ISP
Ashland has completed its $3.2bn (€2.2bn) acquisition of International Specialty Products (ISP), the US-based specialty chemicals producer said on Tuesday.

Higher ethane price snaps US ethylene margin uptrend
US ethylene margins fell slightly in the third week of August, after an increase in feedstock prices outweighed new gains in ethylene spot prices, the ICIS margin report showed on Monday.

By: Staff Reporter
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